Abidjan, Ivory Coast, September 13, 2019/ — The African Development Bank has launched a US$ 2 billion 3-year Global Benchmark bond due 16 September 2022, its first US$ benchmark of the year.
Category: Capital Market
Ghana’s Stock Market Hits Lowest Level in Nearly 2 Years
Accra, Ghana, August 26, 2019//-Ghana’s stock market continues record a bearish performance, as the market index dropped to its lowest point in almost two years.
Menzgold CEO Gains Freedom After Meeting GHC1 Billion Bail Bond
Accra, Ghana, August 6, 2019//-The Chief Executive Officer of Menzgold Ghana Limited, Nana Appiah Mensah, has been released from Police custody after meeting a GHC1 billion bail bond which will be paid by a local agency who provides post bail bonds help.
Blue Chips Tighten Grip on the Nairobi Bourse
August 6, 2019//-Blue-chip stocks and listed State bonds have firmed their grip on a subdued market, with five equity counters now accounting for 70 percent of the total value in quarter two.
Ghana: Menzgold CEO NAM 1 Granted GH¢1 Billion Bail
July 25, 2019//-CEO of Menzgold, Nana Appiah Mensah, has been granted bail to the sum of GH¢1billion, by a Circuit Court, believed to be one of the biggest in Ghana’s court.
Financing Social Change Through Social Bonds
June 18, 2019//-Amid the growth of environmental, social and governance (ESG) investing, the private sector is increasingly looking to harness capital markets to finance positive social outcomes.
Menzgold Calls on Gov’t to Revoke Interpol Red Alert on Nana Mensah Appiah
Accra, Ghana, June 4, 2019//-The embattled gold dealership firm, Menzgold has called on the government to revoke its Interpol red alert on the Chief Executive Officer of the company, Nana Appiah Mensah.
Ghana: SEC Hammer Falls Again
Accra, Ghana, April 16, 2019//-The ruffling of feathers on the country’s financial sector seems far from ending with the heavy hand of the Securities and Exchange Commission (SEC) landing on the roof of Gold Coast.
Tapping China, The World’s Third Largest Bond Market
April 16, 2019//-Earlier this month, Chinese bonds debuted in the benchmark Bloomberg Barclays Global Aggregate Index, marking another step toward greater globalization of China’s capital markets.
African Development Bank Board Approves $4.8 Million Grant to Accelerate African Free Trade
Abidjan, Ivory Coast, April 10, 2019/-The Board of the African Development Bank (www.AfDB.org) approved an institutional support grant of $4.8 million to the African Union (AU) to accelerate the momentum of the African Continental Free Trade Area Agreement (AfCFTA), which received its 22nd ratification on 2 April, bringing the agreement into force.