Tunisia is planning to issue $1.75bn of dollar-denominated and Islamic bonds in 2015 as it seeks funds to revive economic growth, according to the central bank governor Chadli Ayari.
The Egyptian Exchange (EGX) will start trading on the first exchange traded fund (ETF) on EGX 30 index in the Egyptian market on Wednesday, January 14, 2015.
Old Mutual has acquired a 23.3% stake in UAP Holdings, an East and Central African financial services company with a presence in six countries, for KES 8.88 bn ($97.6m).
Standard Chartered has announced the closure of its institutional cash equities, equity research and equity capital markets (ECM) activities, as the banking group continues to exit or reconfigure non-core and underperforming businesses.
TriLinc Global Impact Fund has recently approved around $3m in trade finance transactions to companies in South Africa and Zambia.
Whilst equities were in the red in 2014, it was a strong year for Africa bond indices, according to Tim Edwards, Senior Director, Index Investment Strategy at S&P; Dow Jones Indices.
The Executive Secretary of the Economic Commission for Africa, Carlos Lopes has called on the international community to consider debt cancellation for Ebola-affected countries as this would create the right conditions for recovery in their post-crisis phase.
Africa is a very significant region for the depositary receipt market, according to Anthony Moro, Head of EMEA at BNY Mellon's Depositary Receipts business.
Imara Holdings has announced the planned sale of one of its subsidiaries, the stockbroker Imara S.P. Reid (ISPR), to MMI Strategic Investments (MMI) for a maximum of R120m ($10.28m).
National Bank of Canada (NBC), the sixth largest bank in Canada, has acquired 9.5% stake in AfrAsia Bank - its first investment deal in Africa.
The Egyptian Exchange (EGX) has continued its efforts to attract new companies to list on the Egyptian main market or in NILEX market for small and medium companies.
The introduction of the AIFMD has increased the attractiveness of European onshore domiciles for non-EU managers, according to a report published by the Association of the Luxembourg Fund Industry (ALFI), carried out by Oliver Wyman.
Asset managers, pension funds, banks and insurers expect to be spending more on tax and regulatory-related change in 2015 and for some years beyond, according to a new poll by BNY Mellon.
S&P; Dow Jones Indices has expanded its factor-based indices in South Africa with the launch of the S&P; GIVI South Africa Indices.
