S&P; Dow Jones Indices has launched the Dow Jones Sustainability South Africa Composite Diversified Index, which is part of the Dow Jones Sustainability Diversified family of indices (DJSI Diversified).
There is significant investor appetite and liquid funds available for international equity investment in Sub-Saharan Africa, according to Judith Tyson, research fellow at the Overseas Development Institute.
Standard Chartered has acted as the joint lead arranger and bookrunner for the Republic of Ghana’s latest $1bn sovereign bond issue.
FTSE Russell has launched the FTSE/JSE Responsible Investment Series, developed as a result of the expanded partnership between FTSE Russell and Johannesburg Stock Exchange (JSE), announced earlier this year.
High net worth South Africans have increased their allocation to hedge funds from 14.1% in 2014 to 26.4% in 2015, according to an annual hedge funds survey by Novare Investments.
Sub-Saharan Africa’s growth will slow in 2015 to 3.7% from 4.6% in 2014, reaching the lowest growth rate since 2009, according to new World Bank projections.
Islamic finance can act as the catalyst in mobilizing funding into Africa, thereby resulting in economic growth and sustainable development, according to a report by the Islamic Corporation for the Development of the Private Sector (ICD).
Recent weakness in the Egyptian market is leading investors to look again for opportunities, but currency risks remain the major obstacle, according to Simon Kitchen, Director of MENA Strategy at EFG Hermes.
Aberdeen Asset Management has said it will acquire 100% ownership of Advance Emerging Capital (AEC), a London based specialist investment manager with over $633m (£409m) across a range of investment funds.
With the continued weakening of the South African Rand, offshore allocations should be the foundation of any investment strategy for South African investors, according to Windall Bekker, Senior Vice President of PineBridge Investments.
The expulsion of Nigeria from JPMorgan’s Government Bond Index is an embarrassment to the economic reputation of the Nigerian Government, according to Ayo Salami, CIO of Africa Liquid Strategies at Duet Asset Management.
The African continent loses over $50bn dollars each year as a result of the illicit flow of funds, former president of South Africa Thabo Mbeki has said.
The new Pension and Provident Fund Act that is currently in draft form is set to reshape the Zimbabwean retirement industry, according to RisCura.
Botswana and Namibia will be included in the AfDB/ AFMI Bloomberg African Bond Index (ABABI) in October 2015, the African Development Bank has announced.
