Ivory Coast has issued Eurobonds with two tranches: a dollar-denominated 16-year $1.25bn offering at 6.250%, and an eight-year euro-denominated tranche worth €625m, yielding 5.125%.
Old Mutual Emerging Markets (OMEM) has launched a new Wealth and Investment cluster to be headed by Dave Macready, the current CEO of Old Mutual South Africa (OMSA).
Kuramo Capital Management and Nile Capital Management have announced a strategic partnership to launch a new investment management entity called Kuramo Nile Capital Management (Kuramo Nile).
Following the completion of South Africa’s largest bookbuild in South African rand, Barclays PLC has sold 33.7% of Barclays Africa’s issued share capital at a price of R132 per share.
Sanlam and Africa Infrastructure Securities (InfraSec) have launched the Sanlam InfraSec Infrastructure Fund, a US dollar-denominated fund that will invest in infrastructure projects with an emphasis on economic growth, social upliftment and energy.
As West Africa has become an increasingly attractive investment destination, the importance of a capable infrastructure financial modelling service cannot be understated, Pramodh Debipersad, Project Finance Director for Mazars, has said.
Investments in green energy infrastructure can bolster Africa's economic development and bring it closer to achieving the sustainable development goals (SDGs), according to Juliette Biao Koudenoukpo, Director and Regional Representative of the Africa Office for the UN Environment Programme (UNEP).
Amundi and IFC have agreed to create the largest green-bond fund dedicated to emerging markets, a $2bn initiative that aims to deepen local capital markets and expand financing for climate investments.
Namibia Mortgage Acceptance Corporation (Namibia MAC), a subsidiary of Africa Growth Corporation seeks to raise $250m to accelerate the privately funded affordable housing mortgage market in sub-Saharan Africa.
The South African property market saw a 55,2% increase in investments in 2016, according to a new report by a real estate consulting firm, JLL SSA.
The African Development Bank (AfDB) has expanded its African Bond Index by adding two more countries - Zambia and Ghana.
Economic growth in Sub-Saharan Africa is rebounding in 2017 after registering the worst decline in more than two decades in 2016, according to Africa’s Pulse.
Cloud Atlas Investing has listed its Africa-focused ETF on the Johannesburg Stock Exchange (JSE) at a NAV price of R11.86 per unit, Africa Global Funds has learned.
Growthpoint Investec African Properties, a property investment holding company led by Investec Asset Management and Growthpoint Properties, is looking to deploy capital in the near future, according to Thomas Reilly, Managing Director.
