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.
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).
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.
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.
