The Editorial Team |

South Africa Equity Markets | 13 Oct 2015: JSE ends higher, industrial sector lead gains by 1.53%, resources 0.85% lower …

JOHANNESBURG, South Africa, Capital Markets in Africa — The South Africa equity backed to positive mood after a day in negative territory. Johannesburg Stock Exchange (JSE) All Share index closed 0.58 percent or 305.46 points higher to close at 53,063.06 points. The JSE Top 40 index also added 402.10 points or 0.85 percent to end at 47,643.86 points. Looking at the sector indices, JSE financial sector index fell by 0.65 percent to end at 43,925.77 points. Both Industrial and industrial…

Mediterrania Capital Partners in Société Meunière Tunisienne acquisiton

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Tunis, Tunisia, Capital Markets in Africa — Mediterrania Capital Partners, the regional Private Equity firm focusing in growth investments for SMEs in North Africa and Sub-Saharan countries, announces the acquisition of a 23% stake in Société Meunière Tunisienne through its second fund Mediterrania Capital II (“MC II”). Mediterrania Capital II has acquired a 23% stake in Société Meunière Tunisienne (SMT), a Tunisian company specialising in wheat collection, transformation and distribution. SMT, with its brand “Randa”,…

Nigeria’s President asks head of biggest private equity firm to join cabinet

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Lagos, Nigeria, Capital Markets in Africa — Nigeria’s President Muhammadu Buhari has asked the head of the country’s biggest private equity firm to join his cabinet, Senate President Bukola Saraki said on Tuesday, as lawmakers started screening candidates for a long-awaited government. Saraki did not specify a portfolio for Okechukwu Enyinna Enelamah, head of African Capital Alliance (ACA), as he read out a second batch of Buhari’s cabinet nominees that need to be approved by…

Nigerian Equity Markets | 13 Oct 2015: Nigerian Equities Market Retracts Uptrend… ASI Down 57bps

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Lagos, Nigeria, Capital Markets in Africa — The Nigerian equities market retracted two consecutive days of gains as the composite index fell 57bps to close at 30,058.40 points after today’s trading session. In a similar manner, market capitalization lost N59.2bn to settle at N10.3tn. Today’s pullback was consequent on sell offs in DANGOTE CEMENT (-1.8%), NIGERIAN BREWERIES (-1.1%) and PZ (-3.9%). At end of trade, total volume and value of transactions traded declined 7.7% and 6.6%…

Tanzania Equity Markets | 13 Oct 2015 : All share index 0.70% lower, domestic share index 0.68% up …

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DAR ES SALAAM Tanzania, Capital Markets in Africa — Tanzania Dar Es Salaam Stock continued in the red zone, as the equity market capitalization dipped by TZS 146 billion (about US$67.5 million) to end at TZS 20,945 billion relative to market capitalization of TZS 21,091 billion recorded at previous trading session. The Dar es Salaam Stock Exchange All Share index (DSEI) declined by 16.80 points or 0.70 percent to end at 2,390.72 points. Also, Tanzanian…

Kenya Equity Markets | 13 Oct 2015: Nairobi Securities Exchange Ends in Red Again, Market Cap US$141 Mill down …

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Nairobi, Kenya Capital Markets in Africa — Nairobi Securities Exchange continued to walk toward the southern region at the end of Tuesday’s trading session. The equity market capitalization ended at KES 1,967 billion after losing KES 14.59 billion (c.US$141 million) or 0.74 percent from the market capitalization of KES 1,982 billion recorded at previous trading session. The Nairobi All Share Index declined by 0.75 percent or 1.05 points to end at 139.87 points and the Nairobi Securities…

Morocco Equity Markets | 13 Oct 2015: MASI Index 0.71% lower, MADEX Index 0.76% lower, Market cap drops US$346 million

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Casablanca, Morocco, Capital Markets in Africa —Casablanca Stock Exchange backed to negative territory after two days in the positive region. The Moroccan benchmark stock index (measured as MASI Index) edged down by 0.71 percent to end at 8,989 points (with a year-to-date performance to -6.56 percent) with total market capitalization at MAD 452.870 billion (a decrease of MAD 3.32 billion or US$346 million relative to previous market capitalization of MAD 456.191 billion). The market activity measured…

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