The Bourse Regionale des Valeurs Mobilieres (BRVM) is aiming to have a dedicated mining platform in place by 2018, according to General Manager Edoh Kossi Amenounve.
Liberty Holdings has announced its intention to list a portion of its premium property portfolio on the main board of the JSE as a Real Estate Investment Trust (REIT) towards the end of 2016.
The acquisition of Prescient’s financial services (PFH) operations by Stellar Capital, a JSE listed investment holding company with a reported net asset value of R1.42bn, is expected to complete by the end of this year.
The City of Cape Town and The Nature Conservancy are looking to establish South Africa’s first water fund in order to safeguard water supplies and biodiversity, while supporting local livelihoods.
African commercial property funds are increasingly running into US dollar-driven volatility and liquidity challenges as local currency earnings devalue against US dollar-denominated debt, according to Standard Bank.
Old Mutual Investment Group (OMIG) has announced its plans to expand its commercial real estate and agriculture footprints in Africa through a partnership with Nigerian Sovereign Investment Authority (NSIA), Nigeria’s sovereign wealth fund.
Exotix Partners, a global finance and investment firm, has added Nigeria T-bills to its top-5 global picks in frontier markets debt, Africa Global Funds has learned.
Zambia offers a strong policy environment for investors with no exchange control, no capital gains tax and a fairly good legal system protecting property rights, according to Stuart Theobald, Chairman of Intellidex and Imara Contributing Analyst.
The Channel Islands Securities Exchange (CISE) has recently seen more enquiries about Islamic finance products from Africa-based asset managers and is taking steps to capitalize on the renewed interest.
FTSE Russell, a global index and data provider wholly owned by London Stock Exchange Group, has recently launched its new FTSE NSX Index Series, designed to represent the performance of Namibian companies.
Duet Private Equity and AMCON (Asset Management Corporation of Nigeria) have signed an agreement to establish an investment fund focused on Nigeria’s fast-moving consumer goods (FMCG) sector.
Novare, a financial services group in South Africa, has launched two retail fund of hedge funds, the Novare Equity Long/Short Retail Fund of Hedge Funds, and the Novare Low Equity Long/Short Retail Fund of Hedge Funds.
ALTX Africa Group, an investment holding company incorporated in Mauritius, has launched a new financial exchange in Uganda, the first in a series of steps to establish the network of exchanges in Africa.
In a low return or a volatile market environment in South Africa, hedge funds offer the best hope for positive returns, according to Geoff Blount, Managing Director of BayHill Capital.
