The continuous decline in crude oil prices is posing a number of challenges for Sub-Saharan Africa, according to Fusion Group.
High net worth individuals will be key driver for small and new South African funds going forward, according to some of the participants at the latest Opalesque South Africa Roundtable.
The microfinance market in Sub-Saharan Africa is expected to achieve growth rates of 10-20% in 2015, according to the Microfinance Market Outlook by responsAbility Investments.
The Franco-American Alliance for Islamic Finance (FAAIF) and the African Islamic Economic Foundation (AFRIEF) have joined forces to promote Islamic finance in Africa.
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.
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.
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).
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.
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.
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).
