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Archive In Investors
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Real Estate
Stanlib Plans $59m Property Investment In Kenya.
Asset management arm of South African-based Liberty Group, Stanlib, is looking to invest Sh5.2 billion ($59 million) for the construction of malls across Kenya.
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Markets
Airtel Earmarks $3.7 Billion For Network Expansion.
The Nigerian unit of India-based telecoms operator, Bharti Airtel, has announced a $3.7 billion investment to upgrade its broadband capacity from 3.75G to 4G.
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Markets
Cold Stone Creamery Enters South Africa Market.
Cold Stone Creamery, an American-based international ice cream confectionery has signed a Master Franchise Agreement with Wilshire Foods SA LTD to launch business in South Africa – making it the 26th country the brand has...
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Markets
Momentum Launches Fixed Income Fund For Investors.
AUM asset manager, Momentum Global Investment Management says it has launched a multi-manager investment fund – the Africa Fixed Income Fund – for institutional investors looking to benefit from opportunities in Africa.
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Markets
Chinese Firm To Construct $342m Power Dam In Kenya.
China Hydro-Power Company has announced that it will begin preliminary work for the construction of an electricity dam in Kenya next month.
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Markets
LeapFrog Raises Over $200m For Emerging Markets.
Private equity investor, LeapFrog Investments, has raised $204 million to invest in companies in Africa, South Asia and Southeast Asia, in its quest to provide financial services to emerging low-income individuals in the regions.
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Markets
Centum To Acquire Stake In Genesis Kenya Fund Management Business.
East Africa’s largest quoted Investment Company, Centum Investment Company Limited (Centum) has announced its intention to buy 73.4 percent shareholding stake in Genesis Kenya Investment Management Ltd. for an undisclosed sum.
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Stocks & Bonds
Nigeria Sovereign Wealth Fund Invests $200m In US Bonds.
The Nigerian Sovereign Wealth Fund (SWF) has invested $200 million, via its management partners, in the US bond market.
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Real Estate
Africa’s Property Market Offers Great Investor Prospects.
Standard Bank believes that Africa’s residential property market proffers profitable prospects for investors.
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Markets
Singapore’s Blumont Group To Buy 15% Stake In RES Coal Business.
As part of its effort to diversify its business, Blumont Group, a Singapore-based company has signed a share subscription agreement to acquire 15 percent interest in South African coal miner Resource Generation (RES).