The Editorial Team |

Helios Investment Partners Satisfies US$50 Million OPIC’s Loan

Lagos, Nigeria, Capital Markets in Africa — Helios Investment Partners (“Helios”) has repaid in full a $50 million loan to the Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution. The OPIC loan, which was issued in 2006, helped capitalize Helios Investors, L.P. (the “Fund”) a $305 million growth equity fund that invested across various sectors in sub-Saharan Africa. With a focused investment strategy to build market-leading companies operating in core economic sectors of…

Mauritius Equity Markets | 8 Sep 2015 : Stock Exchange of Mauritius equity trading ends in mixed mood, market cap higher but index lower ..

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PORT LOUIS, Mauritius, Capital Markets in Africa — Stock Exchange of Mauritius equity trading ended today’s trading on a mixed feelings, the equity market capitalization closed at MUR 216.069 after losing MUR 23 million (US$0.6 million) relative to previous market capitalization of MUR 216.092 billion. The Mauritius All Share Index (SEMDEX index) sagged by 0.01 percent or 0.20 points to close at 1,940.25 points but SEM10 index closed at 370.21 points after adding 0.02 percent or 0.08…

South Africa Equity Markets | 7 Sep 2015: Johannesburg Stock Exchange equity markets in bearish mood ….

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JOHANNESBURG, South Africa, Capital Markets in Africa — Equity trading on the Johannesburg Stock Exchange (JSE) began the week by ending in red zone in line with global equity market declined. The JSE All Share closed 0.52 percent or 255.45 points lower to end at 48,847.05 points and the JSE Top 40 index sagged by 158.15 points or 0.36 percent to end at 43,389.01 points. Still on the bear sentiment, the JSE Financial sector index also declined…

Nigerian Equity Markets | 7 Sep 2015: Nigerian Equities Open the Week Bullish… ASI up 1.8%

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Lagos, Nigeria, Capital Markets in Africa —The Nigerian Equity Market opened the week on a bullish note as investors’ sentiment on the bourse stayed positive. The benchmark equity index – All Share Index (ASI) — appreciated 1.8% to close at 30,052.29 points, further paring YTD losses to -13.3%. Similarly, Market Capitalization rose N181.6bn to close at N10.3tn. The rally in the market today was broadly driven by bargain hunting in DANGOTE CEMENT (+2.9%) and sustained…

AfricInvest exits investment in Brookhouse

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Tunis, Tunisia, Capital Markets in Africa — AfricInvest, a pan-African SME-focused private equity firm, is pleased to announce that its AfricInvest Fund II, along with other shareholders, has successfully concluded its exit from Brookhouse Schools Ltd (“Brookhouse”) to UK-based Educas LLC in August 2015. Brookhouse is a private school in East Africa, providing British national curriculum co-educational day and boarding programs to pupils aged 2-19. It is based in Karen, Kenya, a suburb of the capital…

Tanzania Equity Markets | 7 Sep 2015 : Bear reappears on DSE, DES All share index 0.43% lower

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DAR ES SALAAM Tanzania, Capital Markets in Africa — The Dar es Salaam Stock Exchange equity markets opened the week on a negative sentiment and the equity market capitalization went about TZS 93 billion (about US$44 million) to end at TZS 21,784 billion relative to market capitalization of TZS 21,877 billion recorded at previous trading session. Still in the bear mood, the Dar es Salaam Stock Exchange index (DSEI) sagged by 10.72 points or 0.43…

Kenya Equity Markets | 7 Sep 2015: Bullish mood persists on Nairobi Securities Exchange

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NAIROBI, Kenya, Capital Markets in Africa — The Bull continued to conquer the equity markets and the equity market capitalization ended at KES 2,039 billion after adding KES 14.97 billion (c.US$142 million) or 0.74 percent from the market capitalization of KES 2,023 billion recorded at previous trading session. In addition, the Nairobi All Share Index surged by 1.o7 points or 0.74 percent to end at 145.11 points and the Nairobi Securities Exchange (NSE20) index rose by 60.32…

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