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.
Category: Capital Market
EFG Hermes Named Top Frontier Markets Brokerage Firm in Extel Survey
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.
Tanzania Billionaires Buy Equity Bank Stake
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.
Ghana Stock Exchange Continues on Losing Spree
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.
Going Cashless
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 […]
Tough Week for African Markets
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.
Briefly…on Taking China’s Stock Market Global
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 […]
Dev’t Banks Build Appetite for Local Currency Finance
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.
Nigeria Boosts Foreign Exchange Market With $210 Million
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.
Ghana’s Capital Market Regulator Investigates 10 Fund Managers
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.