Curo Fund Services, South Africa’s largest third-party administrator, has gone live with Temenos Multifonds Global Accounting platform, completing the first phase migration of funds from its five legacy systems to a single instance of Temenos’ funds administration platform.
AZA Finance has agreed to acquire cross-border payments specialist Exchange4Free, making it the largest non-bank provider of FX treasury services across Africa.
Dentons has combined with Adepetun, Caxton-Martins, Agbor & Segun (ACAS-Law), a Nigerian law firm, giving the firm a presence in the key locations of Lagos, Abuja and Port Harcourt.
Belgian financiers Jacques Emsens and Christophe de Limburg Stirum have invested in Afriwise, an online legal-information solution across Africa, joining the company’s board of directors.
South Africa’s Government Employees Pension Fund (GEPF), the largest pension fund in Africa, has reappointed Standard Bank to provide a comprehensive range of investor services product and service solutions for its portfolio of assets currently worth over R2trn.
Guernsey Finance, the promotional body for the island’s financial services industry, has appointed its first dedicated representative in South Africa.
Apex Group, a global financial services provider, has announced the final close of the acquisition of GFin Corporate Services following regulatory approval from the Financial Services Commission.
IQ-EQ has launched IQ-EQ Compass, an innovative and integrated service offering that simplifies Environmental, Social and Governance (ESG) compliance to help its clients build sustainable value and reputational resilience.
Emerging Asset Management (EAM), a part of the Apex Group, that provides turnkey solutions for fund launches, has reached the milestone of $1bn of assets under management (AUM).
Apex Group, a global financial services provider, has launched Invest Check, a tool to help financial market participants collect the necessary data to report on and comply with the upcoming EU Sustainable Finance Disclosure Regulation (EU SFDR).
EFG Hermes, a financial services corporation in Frontier Emerging Markets (FEM), has successfully closed the fourth issuance of Premium International for Credit Services (Premium)’s EGP 2bn securitization program in a transaction worth EGP 170m.
Charles Russell Speechlys has advised Daystar Power, a provider of hybrid solar power solutions to businesses in West Africa, on its $38m Series B investment from a consortium of investors.
Thuso Incubation Partners, an independent, majority black-owned asset manager and incubation specialist, has selected Prescient Fund Services as the Fund Administrator to its Fund of Private Equity Funds and associated incubation programme.
RepRisk, an ESG data science firm combining machine learning with human intelligence to identify and assess ESG risks, and Apex Group, a global financial services provider, have entered into a strategic partnership to expand access to material ESG risk data for private markets participants.
