August 24, 2018//-Carey Olsen’s corporate team in the Cayman Islands has represented Lendable Inc, a tech-enabled finance platform, on its latest auto loan securitisation with Watu Credit, a Mombasa-based lender.
Category: Capital Market
Impact of Apache Hadoop, Big Data Analytics on Banking & Securities Industry
August 2018//-Apache Hadoop and Big Data Analytics are being integrated by the Banking and Securities industry along with a host of other financial organizations for analyzing strategies linked with their points of sale, transactions, authorizations, and other processes.
These Are Struggling Companies on Ghana Stock Exchange Watch List
Accra, Ghana, August 16, 2018//- The following update is hereby provided in respect of the companies that were put on the Ghana Stock Exchange (GSE) watch-list from December 27, 2017 till date.
MTN Ghana’s IPO Closes on 31st July
Accra, July 26, 2018. MTN Ghana’s Initial Share Offer (IPO) launched on May 29th, 2018 to sell 4,637,394,533 ordinary shares, representing 35% of MTN Ghana (Scancom PLC) is scheduled to end at 5:00pm on July 31st 2018.
AFIG Funds CEO Receives 2018 Private Equity Africa’s Outstanding Leadership Award
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.
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.