Accra, November 16, 2017//-The 2017 version of Ecobank Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on African markets for investors and businesses, has revealed that African currencies will continue to face downside pressures.
Category: Capital Market
Mixed Trends on African Markets
October 31, 2017//-Still mixed trends this week on African markets with the highlight being signals of a recovery banking sector in Zambia which drove strong performance of the local index.
CEO of Agence Française de Développement Gets New Appointment
Paris, France, October 17, 2017 – Rémy Rioux, Chief Executive Officer of Agence Française de Développement, has been appointed Chairperson of the International Development Finance Club (IDFC) in Washington, USA.
Afreximbank Depositary Receipts Post Gains on First Day of Trading on Stock Exchange of Mauritius
Port Louis, Mauritius, October 9, 2017: – Following the successful close of the private placement with subscription far in excess of the $100 million minimum, Depositary Receipts (DRs) of the African Export-Import Bank (Afreximbank) started trading on the Stock Exchange of Mauritius (SEM) yesterday, with the Bank topping the list of issuers in terms of capital […]
Investors Neglect GAX Despite Improved Performances
Accra, October 4, 2017//-Despite the continuous decline in interest rates on fixed income securities, investors looking to cash in on stocks have and continue to neglect the four listed equities on the Ghana Alternative Exchange (GAX), preferring stick to the main bourse.
Why Banks Shareholders Should Care about Credit Risk
Accra, October 2, 2017//-A number of things will happen in 2018: Russia will be hosting the football/soccer world cup. It will be a century since the end of World War I.
How African Stock Markets Perform
September 25, 2017//-Most of the indices under our watch closed in the green zone with the ZSE reversing part of its gain from last week as doubt regarding the length and the sustainability of the rally is rising.
FSDH Merchant Bank Ltd Announces Investment by AFIG Funds
Mr. Papa Madiaw Ndiaye, CEO of AFIG Funds Lagos, Nigeria, 21 September 2017,-/African Media Agency (AMA)/- FSDH Merchant Bank, a financial services group in Nigeria, announced that Advanced Finance and Investment Group (AFIG Funds), a leading African private equity fund manager has, through the Atlantic Coast Regional Fund (ACRF), completed an investment in […]
‘SSNIT Scheme Unsustainable, Contributors Reducing’
Accra, September 21, 2017//-The Social Security and National Insurance Trust (SSNIT) scheme will not be sustainable by 2030 if the dynamics of the scheme or the contribution rate does not change, a former Managing Director (MD) of SIC Insurance Company (SIC), Mr Peter Osei Duah, has said.
Performance of African Stock Markets
September 19, 2017//-Sentiment was on the bearish side on African markets this week. Most indices under our watch closed on negative territories with the Zimbabwean stock exchange being the exception that proves the rule.