STANLIB acquires SIMS Ghana
STANLIB, and its holding company, Liberty Holdings, have acquired 100% shareholding in Stanbic Investment Management Services (SIMS) Ghana.
STANLIB, and its holding company, Liberty Holdings, have acquired 100% shareholding in Stanbic Investment Management Services (SIMS) Ghana.
Business Partners, a specialist risk finance company for formal small and medium enterprises (SMEs), has launched a R300m ($27m) manufacturing fund, which aims to assist SMEs that operate within the manufacturing sector.
Old Mutual Global Investors has collaborated with its colleagues, Old Mutual Investment Group in South Africa, to launch the Old Mutual Pan African Fund for a global client base.
A sharp increase in lending to sub-Saharan African countries could leave many with crippling debts over the next decade, a new report by the Jubilee Debt Campaign has warned.
The African Development Bank, the African Union Commission (AUC) and the Economic Commission for Africa (ECA), have launched the Clim-Dev Special Fund (CDSF), a multi-donor fund, which aims to address the challenges associated with climate data and information.
In the wake of the recent rebasing of estimates of gross domestic product (GDP) by Ghana and Nigeria, Kenya is now the latest African country to rebase its national accounts data.
Barclays Africa has expanded its exchange traded fund (ETF) offering in Mauritius with the listing of its eRAFI Overall SA Index ETF (eRAFI Overall SA ETF) on the Stock Exchange of Mauritius (SEM).
African growth may exceed 5% in 2015-16, but Ebola, terrorism and other risks pose concern, according to the World Bank’s Africa Pulse analysis of the issues shaping economic prospects in the region.
Regulation has impacted how each and every stakeholder in the financial services industry conducts business, most notably how one stakeholder interacts with another.
The German development Agency KfW and the Dutch catholic development organization Cordaid have jointly launched FPM SA, a refinancing vehicle targeting microfinance institutions and MSME banks in the Democratic Republic of Congo (DRC).
The South African government, in collaboration with private companies and donors, have unveiled the Ebola Response Fund to contribute in the fight against the intensifying virus outbreak in West Africa.
The National Treasury of South Africa has issued debut $500m Islamic bond in the international capital markets.
Increased Internet access will generate more consumer spend than any other media product or service in the next five years in the South African entertainment and media industry, according to a report issued by PwC.
The volume of issues of corporate bonds in key Sub-Sahara Africa markets has recently picked up, and appetite among investors for SSA corporate bonds is strong, according to Fusion Group.