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.
Fitch Ratings has affirmed the National Fund Credit Quality Ratings (NFCQRs) and National Fund Volatility Ratings (NFVRs) of six South African money market funds (MMFs) at 'AA+(zaf)'/'V1(zaf)'.
CBOE Holdings, the holding company for Chicago Board Options Exchange (CBOE), will be launching options on the MSCI Emerging Markets Index on Tuesday, April 21.
Realty Africa, a crowdfunding platform dedicated to property investments, will soon start offering investors from all over the world the opportunity to invest in the growth and development of Sub-Saharan Africa.
The Johannesburg Stock Exchange (JSE), Africa's largest exchange, has signed a multi-year licensing agreement with Eris Exchange, a US-based futures exchange group, to list swap futures on the South African Exchange.
The value of announced M&A; transactions involving Sub-Saharan African targets reached $5.7bn during the first quarter of 2015, almost double the value recorded during the same period in 2014 ($2.9bn), according to Thomson Reuters's quarterly investment banking analysis for the SSA region.
Economic woes may be mounting in Zimbabwe, but the country retains strong allure for long-term investors with a focus on sub-Saharan Africa, according to Harare-based Imara Edwards Securities.
STANLIB has recently launched its first Bond Index (ALBI) Tracking Fund, a unit trust fund that provides investors with a low cost exposure to bonds.
Questions are being raised about the sustainability of South African exchange traded products (ETP), with some providers finding it harder to achieve enough investable funding.
Eurasia Group and Nikko Asset Management have partnered to offer global investors a risk-controlled means of getting exposure to emerging markets.
