Money, minerals make for Africa-China marriage
JOHANNESBURG - China has been Africa's No. 1 investor for years and its newly affluent could soon follow by sending large flows of cash into the quickly emerging continent looking for better returns than in Asia.
Nigeria to restructure bourse, sees more IPOs
LAGOS - Nigeria's stock exchange needs to be restructured before it presses ahead with demutualization plans, interim administrator Emmanuel Ikazoboh said on Thursday.
Patience, tenacity key to business in Africa
JOHANNESBURG - Doing business in Africa is not for the faint-hearted and requires patience, good local staff and above all respect for the continent, bankers and executives say.
Time for outside force in Ivory Coast: Raila Odinga
NAIROBI - Ivory Coast's Laurent Gbagbo has no business clinging onto power after losing elections and the time for outside military intervention has come, Kenyan Prime Minister Raila Odinga said on Thursday.
JSE head sees "little doubt" for future tie-up
JOHANNESBURG - The Johannesburg Stock Exchange, Africa's biggest bourse, is likely to see a capital alliance or merger with a big overseas exchange eventually, although not in the immediate future, the head of the JSE Ltd said on Thursday.
North Africa turmoil shines rosy light on rest of continent
JOHANNESBURG - Political turmoil sweeping through North Africa is likely to mean more investment scrutiny for countries across the continent, although many south of the Sahara are likely to pass the test comfortably.
RenCap eyes Egypt, targets Angola deals
JOHANNESBURG - Emerging markets investment bank Renaissance Capital aims to expand its African presence with a move into Egypt soon, possibly through an acquisition, its head for the region said on Thursday.
JSE warns firms over results releases
JOHANNESBURG - The Johannesburg Stock Exchange has warned companies to tighten procedures around announcing results after Reuters reported FirstRand results a day early when they appeared on a publicly available page on the banking group's website.
Nigerian bourse plans new bond index
LAGOS - Nigeria's stock exchange plans to create an index for fixed income securities by the end of the second quarter and plans to widen trading hours to attract more U.S. investors, its interim chief executive said on Thursday.
Profile: Africa's burgeoning middle class
NAIROBI/LAGOS - Africa's middle classes are growing, providing the backbone of an economic revolution that is attracting billions of dollars of foreign capital and changing the face of the poorest continent.
Kingdom Zephyr eyes $300 million in Africa deals
JOHANNESBURG - Africa-focused private equity firm Kingdom Zephyr plans to invest about $300 million over the next three years by taking minority stakes in six or seven companies across the continent, its managing partner said.
Speakers
| Summit | Date | Category |
|---|---|---|
| Aerospace and Defense | Sep 3 - 5 | Aerospace/Defense |
| Global Consumer and Retail | Sep 9 - 12 | Consumer Retail |
| Russia Investment | Sep 23 - 25 | Financial Services/Exchanges |
| Washington | Oct 21 - 24 | Country Summits |
| Middle East Investment | Oct 28 - 30 | Financial Services/Exchanges |
| Global Commodities | Nov 4 - 7 | Financial Services/Exchanges |
| Global Investment Outlook | Nov 18 - 21 | Financial Services/Exchanges |
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