Sanlam Investment Management (SIM) has recently launched the SIM Flexible Income Fund, a retail unit trust targeted at investors with a one- to two-year time horizon.
The Republic of Senegal, through the Société Nationale de Gestion et d’Exploitation du Patrimoine Bâti de l’État (SOGEPA SN), has sold XOF 330bn (around $525.4m) in three-tranche Sukuk Ijarah, attracting orders from regional and Middle Eastern investors.
The Investment Analysts Society has partnered with the Profile Group to create an investment portal that allows access to more market data and increases the network for IAS members.
The Eskom Pension and Provident Fund (EPPF) has launched the South African SME Debt Fund, a debt fund designed for South African Small Medium Enterprises (SMEs),
Nigerian Exchange has launched West Africa’s first Exchange Traded Derivatives (ETD) Market, consistent with the Exchange’s commitment to develop the Nigerian capital market.
ESG integration is the leading investing for impact (IFI) strategy in Southern Africa and East Africa, attracting more than $320bn and $6.7bn in assets, respectively, according to the sixth edition of the African Investing for Impact Barometer (AIFIB).
The government of Cabo Verde has launched an AfDB-funded project to propel the development of capital markets in the country.
AFEX, Nigeria’s commodities market player and the country's first private sector commodities exchange, has reopened its $240m (₦100bn) Asset-Backed Commercial Paper (ABCP) to help stabilize Nigeria's agriculture sector.
The Private Infrastructure Development Group (PIDG), through its technical assistance (TA) offering, has announced it is supporting capital market reform studies, capacity building and documentation standardisation for bond issues in the West African Monetary Union (WAMU) region.
AFEX, Nigeria’s commodities market player, has announced a new $100m 10-year bond called The Food Security Fund (FSF).
Gaia Fund Managers, Fibonacci Managers and Kruger International Asset & Wealth Management, have announced the listing of South Africa’s first specialist real estate investment trust (REIT), investing in fibre optic network infrastructure on the Cape Town Stock Exchange (CTSE, formerly 4AX).
The Kigali International Financial Centre (KIFC) has announced a $250m Virunga Africa Fund I to invest in vital sectors that will drive economic and social transformation across the African continent.
The Financial Action Task Force (FATF) has removed Mauritius from its grey list of countries under increased monitoring.
Credit Suisse Group has agreed to pay nearly $475m to US and UK authorities, including nearly $100m to the Securities and Exchange Commission (SEC), for fraudulently misleading investors and violating the Foreign Corrupt Practices Act (FCPA) in a scheme involving two bond offerings and a syndicated loan that raised funds on behalf of state-owned entities in Mozambique.