PIC Completes Migration to Confluence Revolution Platform
The Public Investment Corporation (PIC), one of Africa’s largest asset managers, has successfully completed its migration to Confluence’s cloud-based Revolution platform.
The Public Investment Corporation (PIC), one of Africa’s largest asset managers, has successfully completed its migration to Confluence’s cloud-based Revolution platform.
S&P Global has announced the launch of its iLEVEL Snowflake integration, a no-code solution that is designed to enable private markets investors to seamlessly extract core raw datasets from S&P Global's iLEVEL portfolio monitoring platform directly to their Snowflake environment.
Stears, Africa’s financial data provider, and Ventures Platform, a seed-stage venture capital firm in Africa, have launched the Stears-VP Liquidity Index (SVL Index), a first-of-its-kind index designed to unlock the next phase of capital flow into Africa by creating trusted, standardised data infrastructure across African private markets.
Standard Bank Group, Africa’s largest financial institution by assets, has launched a Representative Office in Egypt to strengthen trade and investment flows between Egypt, Sub-Saharan Africa, and the Middle East, recognising Egypt’s role as a vital gateway in Africa's north-south trade corridor.
Verdant IMAP has acted as sole financial advisor and arranger to Ctrack Holding on the successful closing of a $23.4m (ZAR 406m) equity raise for Ctrack Holdings.
Marex has launched EMEA Emerging Markets (EM) Credit desk, offering a hybrid model that combines agency execution with selective principal risk-taking abilities to better serve institutional clients across sovereign and corporate debt.
ISI Markets, a global market intelligence provider, has launched REDD for Sovereign Debt.
Africa Merchant Capital Advisory (AMCA) has acted as financial adviser to the Lagata Group on its acquisition of majority stake, and investment into, Miro Forestry Developments, a sustainable forestry and plywood manufacturing business operating across Sierra Leone and Ghana.
With the Exchange Traded Funds (ETFs) industry reaching record highs worldwide, Prescient Fund Services, a global full-suite fund services firm, has released a special ETF Evolution Report, offering an overview of the current state and future potential of the South African ETF market.
Apex Group, a global financial services provider, has launched WealthTech platform, an AI-powered platform designed to unlock access to private markets for retail investors.
Afriwise, Africa’s fastest-growing legal-intelligence platform, has acquired LawExplorer, South Africa’s most established provider of regulatory monitoring and analysis tools. “This is not just an acquisition. It’s a strategic leap forward for how companies in Africa manage regulatory change,” said Steven De Backer, CEO and Founder of Afriwise.
Charles Russell Speechlys has advised Miro Forestry Developments, a UK headquartered sustainable forestry and plywood manufacturer, operating from locations across West Africa, on its latest fundraising round.
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), has announced that its investment banking division has successfully closed the issuance of a senior unsecured short-term note for the Hermes Securities Brokerage Company (HSB), a wholly owned subsidiary of EFG Holding, in an EGP 900m transaction.
Verdant IMAP has successfully closed a $18m senior secured debt funding for Zeepay Ghana.