Africa suffers from a severe deficit in infrastructure, Standard Bank Group Chief Executive, Sim Tshabalala, has said.
The Johannesburg Stock Exchange (JSE) has announced that MMI Holdings, a South African based financial services group, will now be included, for the first time since listing in December 2010, in the JSE Top 40 Index.
Despite the challenging economic conditions facing the South African small and medium enterprise (SME) sector, the appetite for finance and growth amongst these businesses still seems to be healthy and robust, Nazeem Martin, Managing Director of BUSINESS/PARTNERS, has said.
NN Investment Partners (NN IP), formerly known as ING Investment Management, and the Dutch development bank FMO have joined forces in developing an emerging markets loans fund.
Mergence Investment Managers has recently provided financing to Project Isizwe to accelerate the roll-out of a free WiFi project supported by the Tshwane Municipality, which could set the pattern for social impact bonds in South Africa.
Kagiso Tiso Holdings Proprietary (KTH) has realised the value of its investment in Emira Property Fund through a significantly oversubscribed accelerated offering of all of KTH’s 29,316,187 participatory interests (PIs) in Emira, representing 5.74% of its PIs in issue.
The investment management industry can use their own data to design, manufacture and market solutions more effectively with a view to generating outcomes that are more aligned to investor expectations, according to Daron Pearce, Global Investment Manager Segment Head for Investment Services at BNY Mellon.
Specialist risk financer for small and medium enterprises (SMEs), Business Partners (BUSINESS/PARTNERS), has committed $6m along with other international investors to establish Business Partners International East Africa (BPI EA).
While Sino-African ties have been a boon in many ways for Sub-Saharan Africa (SSA), the region's vulnerabilities to China have also increased, according to S&P;’s report.
Chase Bank Kenya has launched its Kes.10bn medium term multi currency note programme to strengthen its capital base and support its strategic initiatives.
Index tracking products in Africa are gaining assets faster than ever before, according to Zack Bezuidenhout, Head of South Africa and Sub-Saharan Africa at S&P; Dow Jones Indices.
The Tripartite Free Trade Area, a single free trade area across 26 nations in Africa, will promote active trade between South Africa and the rest of the continent, according to Jonathan Horn, MD of Maersk Line Southern Africa.
South African institutions are, on average, lacking significant commitment to alternative assets and private equity investments, with many funds having no exposure at all, according to Paul Boynton, CEO of Old Mutual Alternative Investments.
Nigeria is a unique sweet spot for investors right now, Will Tindall, co-founder of Emerging Crowd, has said.
