CDC Group, the UK development finance institution, has launched an updated and fully-web enabled version of its environmental social and governance (ESG) Toolkit for Fund Managers at the 2015 Responsible Investment Forum.
South African hedge funds are at risk of regulatory and enforcement action if they do not register as a collective investment scheme in accordance with new legislation, the Financial Services Board (FSB) has warned.
The Association for Savings and Investment South Africa (ASISA) has voiced concern over the reputational damage to the SA Collective Investment Schemes (CIS) industry caused by the inaccurate information contained in the Morningstar’s report.
The majority of South African equity funds invested in both the domestic and international markets lagged their respective benchmarks over a one-year period, according to the S&P; Dow Jones Indices’ SPIVA South Africa Scorecard.
South African investors remain optimistic about the domestic stock market, with 53% thinking that the market will rise in 2015, according to the 2015 Franklin Templeton Global Investor Sentiment Survey.
Nigeria’s government and tax authorities are taking a tougher line on compliance than ever before, according to Magnus Nmonwu, Regional Director for Sage West Africa.
Xterra Capital Advisors, a corporate finance advisory company focused on the real estate industry in Africa, has partnered with AMS Properties and HassConsult in Kenya.
Access Infra Africa, a developer, owner and operator of power assets in Africa, has announced the four finalists of the Access Co-Development Fund (ACF), a $5m competition launched in April 2015 to bridge the gap between early stage African renewable energy projects and the expertise and funding they require to become operational.
Aurora Wind Power, a venture of ENGIE (formerly GDF SUEZ), Investec Bank and KTH, has started commercial operation of the 94 MW West Coast 1 wind farm.
Gulf Capital, one of the largest and most active alternative investment firms in the Middle East, has signed a debt financing agreement to support Egypt's largest petrochemicals holding company Carbon Holdings.
African governments, investors, and international financial institutions must significantly scale up investment in energy to unlock Africa’s potential as a global low-carbon superpower, according to a new Kofi Annan’s report.
Africa suffers from a severe deficit in infrastructure, Standard Bank Group Chief Executive, Sim Tshabalala, has said.
The Johannesburg Stock Exchange (JSE) has announced that MMI Holdings, a South African based financial services group, will now be included, for the first time since listing in December 2010, in the JSE Top 40 Index.
Despite the challenging economic conditions facing the South African small and medium enterprise (SME) sector, the appetite for finance and growth amongst these businesses still seems to be healthy and robust, Nazeem Martin, Managing Director of BUSINESS/PARTNERS, has said.
