12 Aug
News > Funds > Markets and Industry News
Prudential has attained a Level 1 Broad-Based Black Economic Empowerment (B-BBEE) rating. This follows its latest Financial Sector Council scorecard audit that was finalised in July 2021, based on its FY2020 financial results.
22 Jul
News > Funds > Markets and Industry News
Egypt’s local debt assets look well placed to continue attracting yield-seeking investors, against a backdrop of accommodative global liquidity conditions, according to Regis Chatellier, Director EM Strategy at Oxford Economics.
18 Jun
News > Funds > Markets and Industry News
There were no cross-border Initial Public Offerings (IPOs) on African exchanges in the first half of 2021 (H1 2021) according to new Baker McKenzie analysis, H1 IPO Snapshot: Unfolding Trends for 2021.
17 May
News > Funds > Markets and Industry News
Absa Group, one of Africa’s largest diversified financial services groups, has partnered with Invest African, a business and investment platform for African markets, to support the development of business and investment on the Continent.
18 Mar
News > Funds > Markets and Industry News
The African Development Bank Group has launched a project to support development of domestic debt markets and financial systems in four West African Monetary Zone (WAMZ) countries: the Gambia, Sierra Leone, Guinea and Liberia.
15 Mar
News > Funds > Markets and Industry News
The Republic of Congo has launched a public bond offering "EOCG 6.25% NET 2021-2026 ” which aims to raise 100bn CFA francs, at a net interest rate of 6.25% and a maturity of five years.
10 Mar
News > Funds > Markets and Industry News
The Nigerian Stock Exchange (NSE) has received final approvals of its demutualisation plan from the Securities and Exchange Commission (SEC) and Corporate Affairs Commission (CAC) respectively.
9 Mar
News > Funds > Markets and Industry News
Prudential Investment Managers has announced that it will be further strengthening its ties with its global global parent and founding shareholder, M&G Investments, taking advantage of new opportunities that have arisen from the de-merger of M&G from Prudential in October 2019.
11 Feb
News > Funds > Markets and Industry News
Ecobank Nigeria, a wholly owned subsidiary of Ecobank Transnational Incorporated, the parent company of the Ecobank Group, has successfully priced its $300m bond issuance maturing in February 2026, with settlement of the bond to take place on February 16, 2021.
1 Feb
News > Funds > Markets and Industry News
In 2021, Sub–Saharan Africa’s (SSA) macro outlook will be shaped by three themes: FX policy; a sluggish services sector and a fiscal overhang, according to Renaissance Capital.
19 Jan
News > Funds > Markets and Industry News
The African Development Bank has announced the addition of two new countries - Mauritius and Morocco - to its Bloomberg African Bond Indices (ABABI), marking a steady progress in the Bank’s efforts to deepen the continent’s local currency bond market.
18 Nov
News > Funds > Markets and Industry News
Centum Real Estate, a subsidiary of the NSE-listed Centum Investment Company, has opened a KES4bn project bond issue to finance its ongoing housing projects.
17 Nov
News > Funds > Markets and Industry News
Old Mutual, a Pan-African financial services Group, has concluded a successful bond issuance, raising R2bn and attracting new investors in the process.
4 Nov
News > Funds > Markets and Industry News
The Emerging Africa Infrastructure Fund (EAIF) has invested XOF 8.3bn ($15m) in a local currency capital market bond issue by Senegal’s Port Autonome de Dakar (PAD), the owner of the Port of Dakar.