Valu, MENA’s universal financial technology powerhouse, has closed its sixth securitized bond issuance.
The African Securities Exchanges Association (ASEA) has signed a memorandum of understanding with SecondSTAX, a technology company that is building solutions to enhance intra-Africa capital and investment flows, to support the success of the African Exchanges Linkage Project (AELP), which aims to integrate all exchanges across the continent and to facilitate seamless cross-border trading of securities.
Lion’s Head Group, an emerging markets investment bank, has changed its name and rebranded to Cygnum Capital Group.
The Johannesburg Stock Exchange (JSE) will soon launch Colo 2.0, an advanced managed infrastructure as a service (IaaS) solution that will provide JSE clients with cloud-based colocation services.
Ecobank Group has unveiled its Ecobank Single Market Trade Hub with over 300 businesses from 22 countries having signed onto the digital platform so far.
EFG Hermes Holding has rebranded to EFG Holding to ensure the brand evolves in line with the Group’s expansion across three distinct verticals: EFG Hermes, the investment bank, EFG Finance, the non-bank financial institutions (NBFI) platform, and aiBANK, the commercial bank.
Volition Cap, an asset management company empowering the hardworking middle-class to create wealth, has secured a fund management license from the Nigerian Securities and Exchange Commission (SEC), as of December 2022.
Opportunik, a private wealth fund giving Africans and Diasporans access to global investments, has announced its plans to launch a licensed fund on May 2, 2023.
Stanlib has combined its multi-asset investment activities into a single centre managed by the existing Stanlib Multi-Strategy investment team.
The World Federation of Exchanges (WFE), the global body for exchanges and CCPs, has introduced its industry-wide WFE Green Equity Principles, the first global framework for designating stocks and shares as green.
Shares in Premier Group have begun trading on the Johannesburg Stock Exchange (JSE), giving investors exposure to a major South African food and consumer packaged goods (CPG) business.
Flat6Labs, MENA’s seed investor, has launched a new $95m Seed Fund to nurture the growth and development of early-stage tech startups on the African continent.
Global money laundering and terrorist financing watchdog, the Financial Action Task Force (FATF), has placed South Africa on its so-called grey list.
Failure to invest the bare minimum needed to withstand projected climate damage could cost emerging markets hundreds of billions in climate damages and lost GDP growth this decade, according to a new study by Standard Chartered.