The Editorial Team |

Investec Closes its Second Africa Private Equity Fund at US$295 Mill

Johannesburg, South Africa, Capital Markets in Africa — Investec Asset Management, one of the largest investors in Africa, has successfully closed its sophomore fund, the Investec Africa Private Equity Fund 2 (IAPEF 2) at $295mn. The investor base includes pension funds, endowments, Fund of Funds and development finance institutions from across the US, Europe, the UK and Africa. As with its first African fund, IAPEF 1, launched in 2008, IAPEF 2 will focus broadly on…

Bank of Zambia Keeps Policy Rate Unchanged at 15.50%

Posted on by The Editorial Team

Lusaka, Zambia, Capital Markets in Africa — The Bank of Zambia Monetary Policy Committee (MPC), at its meeting on 11 February 2016, decided to maintain the Policy Rate at 15.5% partly to address volatility in FX market, Bank of Zambia Governor Denny Kalyalya stated at presentation in capital, Lusaka. The MPC noted that although the annual rate of inflation at 21.8% in January 2016 was significantly above single digits, previous measures to tighten monetary policy…

Bonds, Loans and Sukuks Africa: 14-15 March, Cape Town

Posted on by The Editorial Team

This year’s Bonds, Loans & Sukuk Africa conference is now only 4 weeks away and over 250 industry leaders from the African debt markets have already confirmed their attendance. As part of our partnership we would like to invite you to join us at our specially discounted rate of 20% off. > Register online and enter the code CM20 to claim a 20% discount Bonds, Loans & Sukuk Africa is the only event on the continent to provide local and international banks,…

Orange Launches Entrepreneur Club for start-ups in Africa

Posted on by The Editorial Team

LAGOS, Nigeria, Capital Markets in Africa — Orange is launching the Entrepreneur Club, a new space for information in French and English devoted to entrepreneurs in Africa and the Middle East. The website (http://entrepreneurclub.orange) is a source of information for entrepreneurs that puts them in touch with a variety of instruments from Orange that support entrepreneurship. The Entrepreneur Club also provides practical information and tools for company creation. Orange supports start-ups in Africa and the…

WCA EXECUTIVE INVESTMENT SUMMIT & CEO FORUM 2016: MARCH 15-16, Sheraton Addis Ababa.

Posted on by The Editorial Team

Please join Capital Markets in Africa (Event Partner) at one of Africa’s most dynamic and high impact Pan-African “Executive” Summits with a unique track record of delivering tangible results for executives and investors! DOWNLOAD PROGRAM direct from Website for full list of Speakers & Segments: http://www.wcaexecsummit2016.com/program.htmlREGISTER Today at: www.wcaexecsummit2016.com US$500 with Capital Markets Africa discounted promotional code “markets” plus Hotels from US$125/night and Ethiopian Airlines discounts (12%-15%) for registered delegates No Visa or Visa on arrival…

Ghana is willing to revise 2016 Budget if need be, Finance Minister says

Posted on by The Editorial Team

ACCRA, Ghana, Capital Markets in Africa — Ghana is reviewing its budget for 2016 and is ready to revise it if necessary, Minister of Finance Seth Terkper said. The government is monitoring oil prices and will go to Parliament with revisions if prices continue to plunge, he told reporters in Accra, the capital, on Tuesday. There is “strong political will” backing fiscal consolidation, he said. “We are weighing options and scenarios and may go to cabinet and parliament to…

Nigeria Aims to Resuscitate Ajaokuta Steel Mill in 2016 — Dr. Fayemi

Posted on by The Editorial Team

LAGOS, Nigeria, Capital Markets in Africa — Nigeria is aiming to hand over the US$4.5 billion Ajaokuta steel complex to private operators this year as part of a plan to kick start its industrial and mining industries, Dr. Kayode Fayemi, Nigerian Minister of Solid Minerals Development, stated. The Minister explained that construction of Ajaokuta, which lies on the Niger River and was supposed to have an installed capacity of 5 million metric tons of steel a year,…

« 1 … 944 945 946 947 948 … 1,077 »