Growthpoint Investec African Properties, a property investment holding company led by Investec Asset Management and Growthpoint Properties, is looking to deploy capital in the near future, according to Thomas Reilly, Managing Director.
Markets & Industry News
Shortages of hard currency in Africa’s rapidly growing real estate sector remain a real and persistent operational challenge, according to Gerhard Zeelie, Head, Real Estate Finance, Africa regions for Standard Bank.
The Sanlam Group, through its subsidiary Sanlam Emerging Markets, has finalised a deal to acquire PineBridge’s majority stake in PineBridge Investments East Africa Ltd in Kenya (PIEAL).
Africa Capital Group favors education stocks and is investing heavily in this fast-growing sector through three key holdings, according to Ryan Hoover, Portfolio Manager.
Foresight Solar Fund is planing to raise in excess of £50m ($61.48m) by way of an inward secondary listing on the main board of the JSE and private placement in South Africa of new ordinary shares.
Nigerian banks appear to be navigating current challenges better than anticipated, according to Tolu Alamutu, Analyst at Exotix Partners.
The Capital Markets Authority (CMA) of Kenya has granted approval for the listing of the first Exchange Traded Fund (ETF) to be issued by NewGold Issuer (RF) Ltd.
Falling African equity prices and valuations over the past 30 months have laid the groundwork for better returns ahead, according to Andrew Lapping, Fund Manager at Allan Gray.
TriLinc Global Impact Fund has funded an excess of $500m in total aggregate investments since inception, across 20 countries and 38 sectors through its global network of institutional-class sub-advisors.
In the wake of lower economic growth and political upheaval around the globe, 2016 marked a challenging year for African equity markets, according to a PwC report.
In East Africa, there are a number of investment opportunities within the listed utilities space, according to a recent research by Exotix Partners.
Old Mutual Investment Group (OMIG) has increased their expected longer-term real return for local property to 5.5% a year and for local equities to 5% a year over the next five years, up from 4.5%.
Rand Merchant Bank (RMB), a division of FirstRand Bank, has listed a new product on the Johannesburg Stock Exchange (JSE), which will enable companies and individuals to hold unlimited quantities of cash in US dollars.
The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA) has approved a $992k grant to support the preparation of 7.8-MW hydropower project (HPP) in Kenya.