The Editorial Team

South Africa Equity Market | 25 Aug 2015: Johannesburg Stock Exchange rebounds, gold miners lose 12.22%

Johannesburg, South Africa (Capital Markets in Africa) — South Africa equity markets returned to the North Pole path. JSE All Share closed 2.83 percent or 1,349.65 points higher to end at 48,980.84 points and the JSE Top 40 index jumped by 1,289.81 points or 3.06 percent to end at 43,439.05 points. JSE Financial sector index grew by 3.51 percent or 1,473.13 points at 43,498.49 points. Both Industrial sector index and industrial 25 index advanced by 3.38 percent to close at 70,975.68…

Mr Aliko Dangote and Others agreed to form a partnership to support Entrepreneurship in Africa

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London, UK (Capital Markets in Africa) — The African Entrepreneurship Programme (AEP) will be a new initiative between Pitch@Palace and The Global African Investment Summit (TGAIS) designed to develop the African private sector and stimulate innovation and technology throughout the continent. The AEP will support African entrepreneurs and young businesses in need of capital and mentorship to develop their businesses by giving them the opportunity to present and connect with potential investors. His Royal Highness’s…

Morocco Equity Market | 25 Aug 2015: Moroccan equity markets remain in red zone

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Casablanca, Morocco (Capital Markets in Africa):- Moroccan equity markets remained in red zone at the end of Tuesday’s trading session. The Moroccan benchmark stock index (measured as MASI Index) slumped by 114.10 point or 1.21 percent to close at 9,316.01 points (with a year-to-date performance to -3.61 percent) with total market capitalization at MAD 475.863 billion (a fall of MAD 4.8 billion relative to previous market capitalization of MAD 480.673) and market activities measured as total…

Nigeria Equity Watch | 25 Aug 2015 : Nigerian Equities Market Rout Continues… NSE ASI down 1.4%

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Lagos, Nigeria (Capital Markets in Africa) — As the global equities quiver on the Chinese market rumble, the Nigerian Bourse sustains further loses as against rebounds noticed in some European and the US Markets. This was on the back of additional depreciation in large cap stocks such as NIGERIAN BREWERIES (-5.0%), GUARANTY (-3.9%) and DANGOTE CEMENT (-0.6%). The All Share Index declined 1.4% to 28,807.13pts thereby extending YTD loss to 16.9% while W-o-W decline berthed…

Tanzania Equity Markets | 25 Aug 2015: Dar es Salaam Stock Exchange equity trading down by US$24 million

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Dar es Salaam, Tanzania (Capital Markets in Africa):- Tanzania equity trading continued to stay in the southern region. The equity market capitalization lower by TZS 51.36 billion (about US$24.2 million) to end at TZS 22,300.11 billion relative to market capitalization of TZS 22,351.46 billion recorded at previous trading session. Dar es Salaam Stock Exchange index (DSEI) slumped by 5.90 points or 0.23 percent to end at 2,548.23 points. Tanzanian domestic Share Index plunged by 5.01…

Kenya Equity Markets | 25 Aug 2015: Kenya equity trading shed off US$489 million …

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Nairobi, Kenya (Capital Markets in Africa) — At the Nairobi Securities Exchange the Bear dominated and the equity market capitalization shed off 2.47 percent or KES 50.71 billion (almost US$489 million) to end at KES 2,006 billion relative to market capitalization of KES 2,056 billion recorded at previous trading session. The Nairobi Securities Exchange (NSE20) index fell by 2.18 percent or 94.74 points to close at 4,242.73 points and the Nairobi All Share Index sagged by…

Africa Private Equity Group raises US$1.4 billion for the African continent

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Dubai, UAE Capital Markets in Africa: The Abraaj Group (‘Abraaj’ or the ‘Group’), a leading investor operating in global growth markets, today announced the final close of its second dedicated North Africa private equity Fund at US$ 375 million. The new Fund brings the total amount closed by Abraaj for the African continent in 2015 to US$ 1.37 billion, having raised US$ 990 million in April for its third Sub-Saharan Africa Fund. Abraaj North Africa…

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