19 Oct
News > Funds > Markets and Industry News
Credit Suisse Group has agreed to pay nearly $475m to US and UK authorities, including nearly $100m to the Securities and Exchange Commission (SEC), for fraudulently misleading investors and violating the Foreign Corrupt Practices Act (FCPA) in a scheme involving two bond offerings and a syndicated loan that raised funds on behalf of state-owned entities in Mozambique.
6 Oct
News > Funds > Markets and Industry News
Sanlam and Absa have agreed to combine their investment management businesses in a transaction which will result in an asset management company with assets under management, administration and advice in excess of R1trn.
16 Sep
News > Funds > Launches
ARM-Harith Infrastructure Investments, a Mauritius-regulated infrastructure fund manager and parent company of ARM-Harith Infrastructure Investment Nigeria, has announced plans to launch the ARM-Harith Cities and Climate Transition Fund (ACT Fund).
14 Sep
News > Funds > Launches
Africa Finance Corporation (AFC) has created an independent asset management arm, AFC Capital Partners, with a debut offering - the Infrastructure Climate Resilient Fund (ICRF).
9 Sep
News > Funds > Launches
STANLIB has launched a Pan Africa Debt Fund, which will allow investors to tap into the attractive dollar yields, geographic diversification and fast-growing economies presented by the African continent.
12 Aug
News > Funds > Markets and Industry News
Emergence Plaza, the owner of Côte d’Ivoire’s most visited retail complex Cosmos Yopougon, has issued the 8-year notes at a yield of 7.5%.
12 Aug
News > Funds > Markets and Industry News
Prudential has attained a Level 1 Broad-Based Black Economic Empowerment (B-BBEE) rating. This follows its latest Financial Sector Council scorecard audit that was finalised in July 2021, based on its FY2020 financial results.
2 Aug
News > Funds > Launches
Barak Fund Management has decided to launch two new funds - the Emerging Markets Term Fund and the Emerging Market High Yield Fund.
28 Jul
News > Funds > Launches
Mergence Lesotho has launched two unit trust investment products - the Mergence Lesotho Equity Unit Trust Fund and the Mergence Lesotho CPI + 4% Fund.
22 Jul
News > Funds > Markets and Industry News
Egypt’s local debt assets look well placed to continue attracting yield-seeking investors, against a backdrop of accommodative global liquidity conditions, according to Regis Chatellier, Director EM Strategy at Oxford Economics.
28 Jun
News > Funds > Launches
Seedstars Africa Ventures has partnered with LBO France for its $100m fund for African early-stage entrepreneurs, as part of the new African strategy of the French PE firm totaling €6.3bn in commitments.
18 Jun
News > Funds > Markets and Industry News
There were no cross-border Initial Public Offerings (IPOs) on African exchanges in the first half of 2021 (H1 2021) according to new Baker McKenzie analysis, H1 IPO Snapshot: Unfolding Trends for 2021.
10 Jun
News > Funds > Launches
27four has launched 27four Women, an accelerator managed by women for women that will focus on accelerating the trajectory for achieving both transformation and gender parity goals in South African asset management.
17 May
News > Funds > Markets and Industry News
Absa Group, one of Africa’s largest diversified financial services groups, has partnered with Invest African, a business and investment platform for African markets, to support the development of business and investment on the Continent.
