EFG Hermes Holding has rebranded to EFG Holding to ensure the brand evolves in line with the Group’s expansion across three distinct verticals: EFG Hermes, the investment bank, EFG Finance, the non-bank financial institutions (NBFI) platform, and aiBANK, the commercial bank.
Volition Cap, an asset management company empowering the hardworking middle-class to create wealth, has secured a fund management license from the Nigerian Securities and Exchange Commission (SEC), as of December 2022.
Stanlib has combined its multi-asset investment activities into a single centre managed by the existing Stanlib Multi-Strategy investment team.
The World Federation of Exchanges (WFE), the global body for exchanges and CCPs, has introduced its industry-wide WFE Green Equity Principles, the first global framework for designating stocks and shares as green.
Shares in Premier Group have begun trading on the Johannesburg Stock Exchange (JSE), giving investors exposure to a major South African food and consumer packaged goods (CPG) business.
Global money laundering and terrorist financing watchdog, the Financial Action Task Force (FATF), has placed South Africa on its so-called grey list.
Failure to invest the bare minimum needed to withstand projected climate damage could cost emerging markets hundreds of billions in climate damages and lost GDP growth this decade, according to a new study by Standard Chartered.
Sanlam and Absa have merged their investment management businesses in South Africa.
Standard Bank has successfully syndicated an up to $306m sustainability-linked debt refinancing facility for pan-African impact real estate investment and management company, GRIT Real Estate Income Group (GRIT).
African countries have responded positively to the need to develop domestic financial markets to protect economies from external shocks, according to the OMFIF’s 2022 Absa Africa Financial Markets Index.
Agrarius Sustainability Engineered has launched Africa's first JSE listed R10bn Shari’ah compliant sustainability related note programme in the agriculture sector value chain.
Moody’s has assigned the Emerging Africa Infrastructure Fund (EAIF) a foreign currency long-term issuer rating of A2 with a stable outlook.
Fitch Ratings has downgraded Ghana's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to 'CCC' from 'B-'.
AFEX, Nigeria’s commodities exchange and commodities market player, announces its expansion into Kenya, following a successful pilot phase in the most diversified economy in East Africa.
