London, United Kingdom, June 16, 2018/ — Private Equity Africa (PEA) has awarded Papa Ndiaye, CEO of AFIG Funds, the 2018 Outstanding Leadership Award at a ceremony held in London Tuesday night.
Johannesburg, South Africa, 11 June 2018//- EFG Hermes, a leading financial services corporation serving institutional and individual investors in frontier emerging markets, has for the first time been ranked as the number one frontier market brokerage firm in the Extel Survey 2018, advancing from the 9th place last year.
June 9, 2018//-Tanzanian billionaires Aunali and Sajjad Rajabali have bought seven million shares of Equity Group worth Ksh344 million ($3.4 million), expanding their investment in Nairobi Securities Exchange-listed firms.
Accra, June 5, 2018 – The mood for most of the sessions throughout the last week of May (28 to 31) remained lukewarm on the Ghana Stock Exchange (GSE), as investors exited overvalued stocks in exchange for long-term quality plays.
The governor of the world’s oldest central bank discusses his country’s shift toward digital money May 31, 2018//-Sweden is rapidly moving away from cash. Demand for cash has dropped by more than 50 percent over the past decade as a growing number of people rely on debit cards or a mobile phone application, Swish, which […]
May 28, 2018//- It is a tough week on African markets with most of the markets under coverage closing on negative territories. Tunisia is this week’s best performer closely followed by Malawi.
May 24, 2018//-On June 1, index provider MSCI will include mainland Chinese stocks, known as A-shares, into its benchmarks which are closely watched by international investors and used to guide the allocation of trillions of dollars in assets that are currently tracking them. Kinger Lau, Chief China Strategist of Goldman Sachs Research, and Christina Ma, Head of Greater China Equities […]
New foreign exchange hedging solutions and deeper capital markets are providing multilateral development banks with new ways to derisk financing packages and increase their development multiplier.
May 15, 2018//-In another round of intervention, the Central Bank of Nigeria (CBN) on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange Market to boost liquidity in the system.
Accra, Ghana, May 12, 2018//-The Securities & Exchange Commission (SEC), Ghana’s capital market regulator has commenced investigations into the activities of 10 licenced fund managers in the country.
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