The Editorial Team |

Morocco Equity Markets | 18 Sep 2015: Casablanca Bourse closes in the negative district, MASI Index 1.49% lower …

Casablanca, Morocco, Capital Markets in Africa — On the last trading day of the week, Casablanca Bourse closed in the negative district. The Moroccan benchmark stock index (measured as MASI Index) fell by 1.49 percent to close at 9,062.19 points (with a year-to-date performance to -5.79 percent) with total market capitalization at MAD 464.541 billion (a decrease of MAD 6,026 million or US$623 million relative to previous market capitalization of MAD 470.567). The market activity…

AfDB unveils a blueprint to get rid of Africa’s energy poverty by 2025

Posted on by The Editorial Team

Abidjan, Cote d’Ivoire, Capital Markets in Africa — The African Development Bank Group (AfDB) unveiled its landmark initiative to solve Africa’s huge energy deficit by 2025 at a High Level Stakeholder Consultative Meeting attended by business and political leaders at its headquarters in Abidjan on 17 September 2015. The “New Deal for Energy in Africa,” which charts the way for a transformative partnership on energy focuses on mobilizing support and funding for the initiative from…

South Africa Equity Markets |17 Sep 2015: South African Equity closes 4-week higher, all sectors in green …

Posted on by The Editorial Team

Johannesburg, South Africa Capital Markets in Africa — On Thursday, South African equity benchmark index reached 4-week high and all key sector indices ended in positive against traders bet on US Fed increased in interest rate. Johannesburg Stock Exchange (JSE) All Share (the broadest measure of the equity market performance) grew by 1.07 percent or 544.33 points to settle at 51,573.57 points and the benchmark JSE Top 40 index ended 549.52 points or 1.21 percent higher…

Tanzania Equity Markets | 17 Sep 2015 : Dar es Salaam Stock Exchange equity market returns to bullish sentiment

Posted on by The Editorial Team

DAR ES SALAAM Tanzania, Capital Markets in Africa — Dar es Salaam Stock Exchange equity market returned to bullish sentiment, market capitalization and All Share index higher. The equity market capitalization surged by TZS 261.63 billion (about US$120.8 million) to end at TZS 22,510 billion relative to market capitalization of TZS 22,248 billion recorded at previous trading session. The Dar es Salaam Stock Exchange index (DSEI) rose by 30.07 points or 1.18 percent to end…

Ghana Equity Markets | 17 Sep 2015: Equity investors on GSE lose US$12 Mill, GSE Composite index 0.41% lower …

Posted on by The Editorial Team

Accra, Ghana Capital Markets in Africa — The Ghana Equity markets continued to stay in the red zone at the end of Thursday’s trading session. The equities market capitalization lost GHS 46.50 million (about US$12 million) to close at GHS 62,464 million relative to market capitalization of GHS 62,510 recorded at previous trading session. The benchmark composite index plunged by 0.41 percent or 8.53 points to close the day at 2,061.96 points, representing a year-to-date performance 0f -8.80 percent….

Synergy Capital Private Equity Fund closes at US$00 million

Posted on by The Editorial Team

Lagos, Nigeria, Capital Markets in Africa — Synergy Private Equity Fund I (SPEF) LP is pleased to announce the final close of its fund. The fund closed above its initial hard cap of $100m on September 9, 2015 ahead of the first anniversary of its first close, which was on September 12, 2014. Fundraising for SPEF, a Mauritius domiciled fund focused on mid- sized investments in high growth sectors in Nigeria and Ghana commenced in…

Egypt central bank keeps its interest rates unchanged at 9.75 percent

Posted on by The Editorial Team

Cairo, Egypt, Capital Markets in Africa — In its meeting held on September 17, 2015, the Central Bank of Egypt (CBE) Monetary Policy Committee (MPC) decided to keep the overnight deposit rate, overnight lending rate, and the rate of the CBE’s main operation unchanged at 8.75 percent, 9.75 percent, and 9.25 percent, respectively. The discount rate was also kept unchanged at 9.25 percent. According to the statement issued by the CBE, the headline Consumer Price…

« 1 … 1,008 1,009 1,010 1,011 1,012 … 1,075 »