Conyers Dill & Pearman, an international law firm, has launched an innovative Funds eTool, a first of its kind tool for offshore investment funds.
The Orabank Group, present in 12 countries and in four monetary zones in West and Central Africa, has opened a regional and international trading room in Lomé, Togo. In a market previously dominated by players operating from Europe and the US, Oragroup now offers its clients a competitive and up-to-date offer in Africa, to intervene on the foreign exchange market in the monetary areas where its subsidiaries are established.
S&P Dow Jones Indices (S&P DJI), an index provider, has expanded its African index coverage with the launch of the S&P Extended East Africa BMI.
The Nigerian Stock Exchange (NSE) has launched a Data Centre, which has been built to Uptime Institute’s TIER III design standards.
Pan-African law firm Bowmans has opened its new permanent office in Dar es Salaam, Tanzania.
IHS Markit, a provider of critical information, analytics and solutions, has launched a new service designed to help investment firms comply with MiFID II’s RTS 28, which requires them to publicly report their top five trading venues by asset class.
EMPEA has partnered with Palico in an effort to ease capital commitments to emerging market fund managers through Palico’s digital marketplace.
HAVAÍC, an investment and advisory firm, has undertaken a R5m capital raise for Digital Cabinet, which includes the conversion of the convertible loan, extended in July 2016, into equity.
The Global Impact Investing Network (GIIN) has appointed Deloitte Consulting as an advisory collaborator in its Market Roadmap Project, which will assess industry progress on impact investing to date.
Combining top down data such as GDP with bottom up data such as consumer confidence can yield to better investment decisions in Africa, according to a whitepaper report by KASI Insight.
Exotix, a frontier and emerging markets investment firm, has created a Research, Analytics & Data (RAD) division to expand and enhance the insights and services it provides to clients.
Alexander Forbes Group Holdings has acquired a significant stake in African Actuarial Consultants (AAC), one of the largest independent actuarial consultancies based in Zimbabwe with a growing presence in the region.
Synthesis Software Technologies, a specialised financial technology company that provides software development, consulting and integration services to financial institutions, has been acquired by JSE-listed Capital Appreciation.
Standard Chartered Bank has announced its intention to join Thomson Reuters Org ID regional managed service solution for Know Your Customer (KYC) due diligence in South Africa.