While Sino-African ties have been a boon in many ways for Sub-Saharan Africa (SSA), the region's vulnerabilities to China have also increased, according to S&P;’s report.
Specialist risk financer for small and medium enterprises (SMEs), Business Partners (BUSINESS/PARTNERS), has committed $6m along with other international investors to establish Business Partners International East Africa (BPI EA).
Chase Bank Kenya has launched its Kes.10bn medium term multi currency note programme to strengthen its capital base and support its strategic initiatives.
Index tracking products in Africa are gaining assets faster than ever before, according to Zack Bezuidenhout, Head of South Africa and Sub-Saharan Africa at S&P; Dow Jones Indices.
The Tripartite Free Trade Area, a single free trade area across 26 nations in Africa, will promote active trade between South Africa and the rest of the continent, according to Jonathan Horn, MD of Maersk Line Southern Africa.
South Africa’s stock market is acquiring greater depth and breadth as flourishing sectors such as retail, tourism and financial services attract a new wave of investment, according to members of the Group of Boutique Asset Managers (GBAM).
South African institutions are, on average, lacking significant commitment to alternative assets and private equity investments, with many funds having no exposure at all, according to Paul Boynton, CEO of Old Mutual Alternative Investments.
Nigeria is a unique sweet spot for investors right now, Will Tindall, co-founder of Emerging Crowd, has said.
The Kenya capital markets are gearing up for the launch of the derivatives trading at the Nairobi Securities Exchange (NSE) scheduled to start at the end of June 2015.
California-based firm Africa Capital Group has announced it is now raising capital for its Africa-focused equity fund from US investors.
The Kenyan private sector began the second quarter of 2015 on a positive note, with business conditions improving at the fastest pace in four months, according to CfC Stanbic Bank.
The International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) have decided to support $1.1bn in total debt relief for Chad, of which $1bn is expected to be delivered by multilateral creditors and the remainder by bilateral and commercial creditors.
Access Power MEA, a developer, owner and operator of power assets in the Middle East and Africa, has signed a Memorandum of Understanding with the Egyptian Ministry of Electricity and Renewable Energy (MERE) to develop a 65 MWp of renewable energy.
The Egyptian Exchange (EGX) will launch next Thursday, April 30, the first electronic system for direct disclosure of companies, where the listed companies will be able to post their disclosure reports directly to the trading screens.
