The Editorial Team |

South Africa Equity Markets |10 Sep 2015: JSE All Share index lower, South African Rand appreciates …

Johannesburg, South Africa Capital Markets in Africa — On the Johannesburg Stock Exchange (JSE), the JSE All Share (the broadest measure of the equity market performance) lost 0.39 percent or 195.42 points to settle at 49,528.12 points and the benchmark JSE Top 40 index ended 223.58 points or 0.51 percent lower to end at 44,025.81 points. From the sector viewpoint, financial sector index dropped 0.11 percent or 46.21 points at 42,940.61 points. Industrial sector index and industrial 25 index sagged by…

Nigerian Equity Markets | 10 Sep 2015: Banking Counters drag Market…NSE ASI down 81bps

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Lagos, Nigeria, Capital Markets in Africa — Nigerian Bourse remained weak today as the benchmark equities gauge – All Share Index (ASI) – shed 0.2% to close at 29,403.12 points, while YTD loss rose to –15.2%. Market Capitalization also declined N10.3bn to at N10.1tn. The decline in the benchmark index was against the backdrop of profit-taking in banking stocks – UBA (-8.7%), FBNH (-7.2%), STANBIC (-5.0%) and ETI (-3.2%) and GUARANTY (-1.2%). Market activity measured…

Cote D’Ivoire Stock Markets | 10 Sep 2015: BRVM Composite index lost 0.23%, market cap down by US$31 Mill …

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Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Thursday, lower than the previous day. BRVM 10 index decreased from 295.58 to 294.10 points, a drop of 0.50 percent. BRVM Composite index lost 0.23 percent to 294.60 against 295.29 points previously. The equity market capitalization sagged by XOF 18 billion (about US$31 million) to close at XOF 7,269 billion relative to previous trading…

Kenya Equity Markets | 10 Sep 2015: Nairobi Securities Exchange equity adds US$86 Mill, Kenyan Shilling wax stronger …

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Nairobi, Kenya Capital Markets in Africa — On Thursday equity trading backed to green on the Nairobi Securities Exchange. The equity market capitalization ended at KES 2,053 billion after gaining KES 9 billion (c.US$85.5 million) or 0.09 percent from the market capitalization of KES 2,044 billion recorded at previous trading session. The Nairobi All Share Index advanced by 0.48 percent or 0.68 points to end at 146.19 points but the Nairobi Securities Exchange (NSE20) index sagged by 2.11…

IFC Launches $100 million Sukuk to Support Private Sector Development

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Lagos, Nigeria, Capital Markets in Africa — IFC, a member of the World Bank Group, announced today that it issued a $100 million trust certificates through a special purpose vehicle, IFC Sukuk Company, in an effort to spur growth in developing economies. The five-year Sukuk will support IFC’s developmental financing activities in the Middle East and North Africa (MENA), and other parts of the world. It will initially be listed on NASDAQ Dubai. An…

‘2015 – a turning point for Africa and Foreign Direct Investment. 8 of Africa’s Ministers of Energy and Finance gather in Beijing to outline current investment opportunities’

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The need to address the continent’s energy deficit, and the critical requirement to connect those living without access to electricity, is undisputed – 13% of the world’s population live without electricity, versus 48% of the global population who live in Africa. This year Africa will have witnessed 19 elections, and the formation of many new governments. Many of these administrations will seek to improve living conditions through access to electricity, and subsequently, added employment…

Investisseurs & Partenaires announces investment in SCRIMAD Group

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Madagascar,Capital Markets in Africa —- Investisseurs & Partenaires welcomes a new company in its portfolio IPAE: the agribusiness company SCRIMAD Group, located in Madagascar. This is the third investment of the Fund I&P Afrique Entrepreneurs in Madagascar, after IOT (aquaculture) et ACEP Madagascar (Microfinance). Founded in 1993 and managed by Simon Rakotondrahova, SCRIMAD is specialized in the collect and export of litchi production, among other fruits and spices (vanilla, black pepper, cinnamon, etc.). The partnership with…

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