Milestone Group, a provider of optimised fund processing solutions, has announced the establishment of pControl Africa, a joint venture between Milestone Group and domestic provider Global ASP.
Societe Generale Securities Services (SGSS) will provide trustee services for hedge funds in South Africa, according to Duncan Smith, Senior Business Development Manager for Emerging Markets.
EBS BrokerTec, ICAP's electronic foreign exchange (FX) and fixed income business, has announced the addition of Standard Bank as the first South African liquidity provider (LP) on the EBS Direct platform.
The new tax treaty between South Africa and Mauritius will be seen as a step in the right direction and will reaffirm the Mauritius positioning as a financial center of choice for the African continent, according to Abax Corporate Services.
AIFMD implementation has been successful, but global asset management industry casts doubt over AIFMD's ability to spot future threats, according to the results of Multifonds’ survey.
Worldbox Business Intelligence, an independent service that provides online identifications of registered companies, has announced that it now offers complete identification company records for Rwanda, Tanzania, Mauritius, Uganda and Madagascar with extended business records for 25 other African countries.
Ogier, a provider of offshore legal services, has advised Development Partners International (DPI) on the launch of African Development Partners II, a $ 725m, Guernsey closed-ended investment fund.
Thomson Reuters has extended the analytics offered through its MarketPsych Indices to include individual companies, alongside the indices for countries, currencies, commodities and industries already available.
SunGard has announced the opening of its East African office in Nairobi, Kenya, executing on its strategy of achieving accelerated growth in East Africa.
Misys, a financial software company, has launched Misys FusionBanking Essence Islamic, a major new component in its banking platform, Misys FusionBanking Essence.
One Stone Global, an independent SEC registered investment adviser, has acquired the US office of Old Mutual Global Index Trackers, Old Mutual's South African passive portfolio management business.
Societe Generale Securities Services (SGSS) has signed a cooperation agreement with Qatar National Bank ALAHLI (QNB ALAHLI) to provide securities services to international institutional investors and corporates in Egypt.
A Louis Berger-led consortium has won a 2.3m euro ($2.57m) technical assistance contract for the Burkina Faso Ministry of Industry, Commerce and Artisans and various professional organizations that support private sector development.
Oxford Economics, the UK-based economic advisory firm, has revealed its plans to acquire a majority stake in NKC Independent Economists for an undisclosed amount.
