Description
In this month’s issue we focused on the Dar es Salaam Stock Exchange (DSE), which operates a securities exchange in Tanzania. Currently the DSE has 28 listed companies of which 22 are local companies and 6 are cross-listed companies. Several weeks ago, the broking community and other stakeholders, met with the DSE’s management, outlining a number of issues and putting forward proposals to change the rules of the exchange, according to Tim Staermose, CEO, ST Funds Management. Find more on pp. 12-13.
In this month’s issue we also asked industry experts on how to accelerate sustainable private capital in renewable energy in South Africa. Rizaan Samuels of Mergence Investment Managers and Jim Hodges of the European Investment Bank shared their views on pp. 14-15.
In addition, Gregoire Theron, CIO at GraySwan explained why fund of funds unit trusts are the way to go for investors. He said that one of the key selling points of fund of funds unit trusts is that they provide more diversification than single-manager products. Find more on p. 20.
On the fundraising front, a mixed group of investors, including family offices, private investors, and institutional investors, have committed €57m to the first close of uMunthu II fund (news on p.4).
We are also excited to announce the 8th Annual Africa Service Providers Awards. We're accepting submissions and nominations at www.agfawards.com until September 8.