Imperial College London and the Massachusetts Institute of Technology (MIT) have launched a seed fund for ‘blue-skies’ research worth up to $100,000, with a regional focus on Africa.
Britam has launched a unit-linked investment product which offers customers the opportunity to earn high returns while providing them with life insurance protection cover.
Adventis, a specialist investment company focusing on the African continent, has launched two investment vehicles - the Africa Enhanced Income Fund and the Africa Equity Fund. Adventis has agreed to purchase Africa Merchant Capital’s investment management business, which manages the Africa Merchant Sub-Sahara Fund.
Cloud Atlas Investing, a Johannesburg based Pan African Exchange Traded Fund (ETF) issuer, has opened the Initial Public Offer of the AMI Real Estate Fund (AMIRE), running from February 7 to March 2, 2018.
I&P, Comoé Capital, and the Jacobs Foundation have launched a new impact fund dedicated to education in Côte d’Ivoire, the Education Impact Fund (EIF).
Capitalworks, a South African private equity firm, has launched Africa Capitalworks, an investment company that will deploy permanent equity capital in mid-market companies in selected sectors across sub-Saharan Africa, excluding South Africa.
The Federal Government of Nigeria has received credit from the International Development Association (IDA) and intends to apply $30m Naira equivalent of the proceeds towards the establishment and management of a commercially viable SME Investment Fund under the Growth and Employment Project.
Satrix has listed a new exchange traded fund on the Johannesburg Stock Exchange, which tracks the MSCI Emerging Markets Investable Market Index.
Denmark-based A.P. Moller Holding, PKA, PensionDanmark and Lægernes Pension have jointly launched an Africa-focused infrastructure fund.
Impact Investment Trust, an investment company offering exposure to a portfolio of funds investing for impact in developing countries, is planning to raise up to $150m via an IPO on the London Stock Exchange.
Kuramo Capital Management and Nile Capital Management have announced a strategic partnership to launch a new investment management entity called Kuramo Nile Capital Management (Kuramo Nile).
Sanlam and Africa Infrastructure Securities (InfraSec) have launched the Sanlam InfraSec Infrastructure Fund, a US dollar-denominated fund that will invest in infrastructure projects with an emphasis on economic growth, social upliftment and energy.
Amundi and IFC have agreed to create the largest green-bond fund dedicated to emerging markets, a $2bn initiative that aims to deepen local capital markets and expand financing for climate investments.
Cloud Atlas Investing has listed its Africa-focused ETF on the Johannesburg Stock Exchange (JSE) at a NAV price of R11.86 per unit, Africa Global Funds has learned.
