The Editorial Team |

INTO AFRICA March 2017 Edition: Africa’s Lions: Trust in Fundamentals

LAGOS, Nigeria, Capital Markets in Africa: Welcome to March edition of INTO AFRICA, the publication with fresh insight into Africa’s emerging capital markets. Please download by clicking: INTO AFRICA PUBLICATION: MARCH 2017 EDITION. Recent years have been challenging for Africa: so is the honeymoon over or did the wedding even take place? The oil price crash has had a serious impact on several African countries; the strength of the dollar is causing financing and FX issues; incidences of terrorism…

Sahel Capital and CardinalStone Capital Invest in Crest Agro Products, Nigeria

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – Sahel Capital, fund managers for the Fund for Agricultural Finance in Nigeria (“FAFIN”) and CardinalStone Capital Advisers (“CCA”), a Nigerian Private Equity Fund Manager, are pleased to announce that definitive agreements have been executed for an investment in Crest Agro Products Limited (“Crest Agro”), an integrated cassava processor based in Kogi State. Founded in 2013, Crest Agro was set up to harness opportunities in the cassava starch sub‐sector. The…

Botswana keeps lending rate unchanged at 5.5%, sees low and stable inflation

Posted on by The Editorial Team

GABORONE (Capital Markets in Africa) – Botswana’s central bank maintained its benchmark Bank Rate at 5.50 percent and forecast low and stable inflation in the medium term, consistent with the 3-6 percent target range, that augurs well for accommodative monetary policy that can support lending to businesses and households. Bank Botswana (BB), which cut its rate by 50 basis points in August 2016, also said it aimed for a 0.26 percent upward rate of crawl…

The market’s premier pan-African trade finance gathering returns to Cape Town on March 9-10

Posted on by The Editorial Team

Peter Ndoro (SABC) Journalist & Broadcaster providing keynote address, with over 300 delegates expected in attendance Over 300 of the continent’s leading corporates, FIs, regulators, risk managers, lawyers, insurers and trade experts will convene at the Westin Cape Town on March 9-10 to assess the growth of one of the world’s fastest-developing regions. GTR Africa Trade Finance Week returns for its 11th year in 2017, which for the first time also includes the annual West…

AIIM acquires majority stake in DSM Corridor Group

Posted on by The Editorial Team

Dar es Salam (Capital Markets in Africa) – African Infrastructure Investment Managers (AIIM), a leading African infrastructure equity investment manager and member of Old Mutual Alternative Investments (OMAI), has announced the successful acquisition of a 60% effective interest in DSM Corridor Group Tanzania (DCG), a specialist dry bulk terminal operator in the Port of Dar es Salaam. AIIM develops, advises and manages private equity infrastructure funds designed to invest long-term institutional equity in African infrastructure…

Injaro sells stake in Burkina Faso seed producer

Posted on by The Editorial Team

Lagos (Capital Markets in Africa) – Injaro Investments, the manager of the agricultural impact fund IACHL, announces the sale of its 30% stake in seed producer NAFASO SA to the founders and other shareholders. This share sale represents a full exit from Nafaso after a holding period of just under four years. Injaro invested in Nafaso in March 2013. The company’s aim was to leverage the investment from Injaro (i) to increase Nafaso’s output of…

GM plans to sell stake in East African unit to Isuzu

Posted on by The Editorial Team

NAIROBI (Capital Markets in Africa) – General Motors Co on Tuesday said it plans to sell its majority ownership stake in General Motors East Africa to its Japanese partner Isuzu Motors Ltd, as the U.S. carmaker continues to streamline by exiting non-core operations. Isuzu will acquire GM’s 57.7 percent stake in the unit in Kenya, which produces trucks under the Isuzu brand and sells imported Chevrolet-brand vehicles. More than 90 percent of the vehicles sold…

« 1 … 731 732 733 734 735 … 1,077 »