Delisting and take-private trend is a sign of progress rather than crisis for South Africa

Delisting and take-private trend is a sign of progress rather than crisis for South Africa

JOHANNESBURG, Capital Markets in Africa – This exclusive opinion piece by Nanga Kwinana, Partner at Bowmans, offers a perspective on the current debate about JSE delistings in South Africa. Nanga argues that South Africa is experiencing the same structural shifts seen in global markets – and that delistings and take‑privates are signs of a maturing capital‑markets ecosystem. There has been a mixed response to the trends of declining company listings and increasing delistings on the…

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Afreximbank delivered exceptional 2024 financial performance

Afreximbank delivered exceptional 2024 financial performance

Cairo, Egypt 14 April 2025: – African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its subsidiaries, for the year ended 31 December 2024. Financial Highlights Afreximbank reported strong financial performance despite a complex global economic landscape marked by geopolitical tensions, inflationary pressures, and elevated interest rate, posting a net income of US$973.5 million for FY 2024, a 29% increase from the previous year – with subsidiaries…

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18th Edition Connected Banking Summit – Innovation & Excellence Awards – West Africa 2024.

18th Edition Connected Banking Summit – Innovation & Excellence Awards – West Africa 2024.

The International Center for Strategic Alliances (ICSA) proudly announces the 18th Edition of the Connected Banking Summit – Innovation & Excellence Awards – West Africa 2024, set to take place in the vibrant city of Accra, Ghana, on November 19-20, 2024. This premier event promises to deliver two days filled with cutting-edge insights, dynamic discussions, and unparalleled networking opportunities. Transforming the Future of Banking Join global executives, industry experts, and visionary leaders from the Banking,…

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Mastercard Foundation Fund for Resilience and Prosperity

Mastercard Foundation Fund for Resilience and Prosperity

AFSIC – Investing in Africa is wholly focused on accelerating Africa’s economic emergence by matching investment opportunities in Africa transforming Africa’s business, trade and investment environment sustainably growing Africa’s economy and increasing African incomes in all business sectors at a continental scale. AFSIC – Investing in Africa aims to partner with companies that align on this purpose and are therefore delighted to welcome on board The Mastercard Foundation Fund for Resilience and Prosperity as a…

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15th Edition Connected Banking Summit – Innovation and Excellence Awards 2024; Ethiopia

15th Edition Connected Banking Summit – Innovation and Excellence Awards 2024; Ethiopia

Ethiopia  – The 15th Edition Connected Banking Summit – Innovation and Excellence Awards 2024 arrives in Addis Ababa, hosted by The International Center for Strategic Alliances. Under the theme “Bolstering the Economy with Digitization and Financial Inclusion”. Esteemed global executives, experts, and leaders will gather to propel the banking industry forward into an era defined by innovation and excellence. This collaborative summit, in conjunction with the prestigious Connected Banking Innovation & Excellence Awards, will unite…

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IFC, British International Investment and Proparco agree €87 million loan to Support Sonatel’s Telecoms Expansion in Senegal

IFC, British International Investment and Proparco agree €87 million loan to Support Sonatel’s Telecoms Expansion in Senegal

KIGALI (Capital Markets in Africa) – To accelerate Senegal’s digital transformation, IFC and partners British International Investment (BII) and Proparco today announced a financing package for Sonatel to improve essential telecommunications infrastructure in the country and expand access to reliable, affordable mobile and fixed broadband services.  The local currency equivalent €87 million, sustainability-linked loan includes €32 million from IFC, €25 million from BII, and €30 million from Proparco. The funding will help Sonatel, the largest…

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Market update: FTSE 100 revs up a gear again

Market update: FTSE 100 revs up a gear again

LONDON (Capital Markets in Africa) – The FTSE 100 has set off on a climb higher, nudging ahead again on a record-breaking run. The fresh pulse of positivity comes as ceasefire negotiations in the Middle East continue and a more optimistic sentiment washes over the London market. Even the surprise resignation of HSBC boss Noel Quinn, didn’t stop the banking giant from posting share price gains this morning. Sharp gains may be held back, with…

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