Nigeria Capital Markets Update Week Ending Nov 11 2016

Nigeria Capital Markets Update Week Ending Nov 11 2016

Equities Market Review and Outlook Unperturbed by events in the global political environment, the Nigerian equities market maintained its bearish momentum. The local Bourse closed lower all through the week save for Thursday due to strong interest in Banking Stocks. Consequently, the All Share Index (ASI) slumped 3.0% W-o-W in contrast to the dramatic surge in share prices in major exchanges around the world. The weak performance of the benchmark index was driven by heavy…

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Flint Atlantic invests in Africa Healthcare Network

Flint Atlantic invests in Africa Healthcare Network

LAGOS (Capital Markets in Africa) – Flint Atlantic Capital Partners (Flint Atlantic), a Nigerian based healthcare impact investment firm, has announced an investment into Africa Healthcare Network (AHN), the largest dialysis and kidney care services chain in Rwanda. The investment was made jointly with US-based Polaris Partners (Polaris), a leading global healthcare venture capital firm and will help to fund AHN’s expansion in Rwanda and across Africa over the next two years. AHN operates dialysis units…

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A strong Case for Real Estate Investment in Africa

A strong Case for Real Estate Investment in Africa

LAGOS (Capital Markets in Africa) – Africa is experiencing the world’s fastest rate of urbanisation, with rapid growth in middle class populations in sub-Saharan cities driving demand for quality products and a modern shopping experience. While uncertainty and volatility have clouded the near term investment outlook for Africa, astute real estate investors with a longer term perspective recognise the continent’s potential based on positive demographics, urbanisation and growing personal incomes. The continent’s challenges have tended…

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Cities Face Tough Competition For Business Investment if they are not National Capitals

Cities Face Tough Competition For Business Investment if they are not National Capitals

LAGOS (Capital Markets in Africa) – Every city official knows that if you’re not running a global capital city, you’re going to have to work twice as hard to attract business investment. Being a second or third city might seem to be a handicap but it forces you to innovate, which can only be a good thing. Innovation doesn’t have to be difficult, though. Most city officials are looking for an epiphany that will bring…

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RICS: Increasing Confidence in South Africa Property Markets

RICS: Increasing Confidence in South Africa Property Markets

LAGOS (Capital Markets in Africa) – In the extensive travel that I do in my role I get to talk to professionals and market leaders right across the UK, Europe, Middle East and Africa. I also get to talk to governments and policy makers. What is very clear to me is that for all these parties the Royal Institution of Chartered Surveyors (RICS) name promises the consistent delivery of standards – bringing confidence to the…

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African Hotels and Resorts: Investors’ Hidden Treasures

African Hotels and Resorts: Investors’ Hidden Treasures

LAGOS (Capital Markets in Africa) – In 2015 the latest of the biannual reports by Hotel Partners Africa outlined the huge opportunity that was available for hotel investors in sub-Saharan Africa, echoing many earlier reports by a whole series of academic and professional luminaries. Everyone knows about Africa’s potential, created by the population explosion, the demographic profile of the population and the commodities “lottery win”. However, the shortage of hotel bedrooms provides one of the…

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DECLARATION OF THE MEMBERS OF THE AFRICAN UNION FOR HOUSING FINANCE (AUHF) FOLLOWING THE ANNUAL GENERAL MEETING HELD IN ABUJA, NIGERIA ON 16 SEPTEMBER 2016

DECLARATION OF THE MEMBERS OF THE AFRICAN UNION FOR HOUSING FINANCE (AUHF)  FOLLOWING THE ANNUAL GENERAL MEETING HELD IN ABUJA, NIGERIA ON 16 SEPTEMBER 2016

We, the members of the African Union for Housing Finance, having met with colleagues from the public and private sectors from over twenty countries over the past three days, and having held our 32nd annual general meeting in Abuja, Nigeria, on 16 September 2016, express our commitment to driving investment in Africa’s housing sector so that it contributes substantially to Africa’s growth agenda. We note: Affordable housing delivery to meet an ever increasing demand presents…

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