VANTAGE Capital, Africa’s leading mezzanine debt provider, today announced it has provided $10m of funding to Simba Properties Investment Company, the property investment arm of Simba Group in Uganda which houses five prime property developments in Uganda, three of which are operating and two of which are under development.
Category: Investing
Ghana, Kenya Sign 7 Pacts To Deepen Bilateral Ties
GHANA’S President John Dramani Mahama and his Kenyan host, President Uhuru Kenyatta, have supervised the signing of seven key agreements to strengthen the bonds of friendship and cooperation between the two nations, at the conclusion of a three-day state visit of the Ghanaian leader.
Agams Group Clears Air On Indebtedness To Gov’t
The attention of management of the Agams Holdings has been drawn to publications and commentaries in the media on the above issue, some aspects of which requires clarifications.
Analysis: 2015 – Viatical Settlement
What is a Viatical Settlement? A viatical settlement occurs when a person who is chronically or terminally ill sells his or her whole or universal life insurance policy to a third party that maintains the premium payments and receives the death benefit when the insured dies. How does a Viatical Settlement work? Let’s say John Doe has a year to live. He’s decided […]
Max Int Expands To Africa, Opens Ghana Office
MAX International, global brand producers of wellness and weight-loss supplements and products, has launched its operations on African continent following the opening of an office in Ghana to serve the continent.
Report: International SMEs Not Recognizing Africa’s Growth Potential
AN in-depth study conducted by the Economist Intelligence Unit (EIU) on behalf of DHL Express approximately 40% of global SMEs (small and medium-sized enterprises) do not perceive Africa as a growth opportunity, despite the positive economic growth stories and growing middle class in the regions. The report further reveals that while many multinationals and state-owned […]
Ghana: IEA Warns Gov’t Over Reckless Spending
THE Institute of Economic Affairs (IEA), Ghana a leading Accra-based economic and governance think-tank has warned the Mahama-led government against reckless spending particularly in the upcoming 2016 elections.
Databank’s Analysis: 2015 Budget Points To ‘Significant Austerity Measures’
GHANA’S budget statement for 2015 reveals the GoG’s intention to employ significant austerity measures aimed at achieving a front-loaded adjustment in the fiscal deficit.
Nigeria: Currency instability could raise Election Stakes
NIGERIA’S embattled currency, the Naira, has continued to slide on the back of low oil prices, closing at record intra-day lows against the dollar, even as the central bank intervenes.
US$1 Billion Eurobond Missing In 2015 Budget
A renowned Ghanaian economist, Dr Mahamudu Bawumia has asked the government to account for the $1billion Eurobond it issued recently.











