Latest News for: Africa fund manager

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PIC flexes muscle in SA equity market

Business Day 11 Oct 2024
The PIC, Africa’s largest fund manager, last week said it would have loved to invest more in the financial services sector, but had hit a limit in investing in the sector.
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ARC Investments stocks dip as it mulls delisting

Independent online (SA) 09 Oct 2024
Apart from this, ARC Investments will be seeking to consolidate resources in the ARCH Emerging Markets Fund and focusing on a single, Africa-focused infrastructure investment fund to facilitate growth in funds under management.
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Sentinel REIT bags prestigious award at API Summit

B & FT Online 04 Oct 2024
“We are honoured and humbled to have been recognized by players in the Africa real estate space and will like to thank the pension fund schemes and managers who provided the equity funding for the OAS acquisition.
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Investing in innovation: Should South African hedge funds embrace machine learning?

Independent online (SA) 03 Oct 2024
The integration of artificial intelligence (AI), machine learning (ML), and fintech innovations is redefining how hedge funds operate, invest, and manage risk ... Africa’s volatile market environment.
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GNU optimism pushes PIC assets to record R3-trillion

Business Day 02 Oct 2024
The Public Investment Corporation (PIC), Africa’s biggest fund manager by assets, has emerged as the biggest winner as SA Inc hots up after the formation of a government of national unity (GNU), with ...
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Haiti becomes 12th Caribbean Community (CARICOM) member state to accede to the Afreximbank Partnership Agreement

Capital Ethiopia 30 Sep 2024
Afreximbank has evolved into a group entity comprising the Bank, its impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”).
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South Africa's municipalities aren't fixing roads, supplying clean water or keeping the lights on: new study explains why

Beijing News 29 Sep 2024
South Africa has a massive ... Most of South Africa's 257 municipalities lack the required capacity for managing infrastructure ... Poor allocation of funds ... But debates on municipal infrastructure in South Africa have largely focused on funding shortfalls.
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Celebrating Visionary Aigboje Aig-Imoukhuede at 58

This Day 28 Sep 2024
... Securities Exchange, has shown the greatness in Africans to the world.  In 2010, he led Access Bank as Group Managing Director to donate $1million to the Global Fund’s Gift from AfricaProject.
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African Development Bank Group’s Sustainable Energy Fund for Africa approves €6 Million for Desert to ...

Capital Ethiopia 27 Sep 2024
The African Development Bank Group (www.AfDB.org) has approved a €6 million concessional financing package from the Sustainable Energy Fund for Africa (SEFA), a special multi-donor fund managed by the ...
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Chuffed SA fund managers see reforms accelerating and rand strengthening

Independent online (SA) 26 Sep 2024
Ahead of South Africa’s ... Now, Bank of America’s latest South Africa Fund Manager Survey shows that more than half of surveyed fund managers at 56% “see reform, a firmer rand and lower rates” forecast.
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AFC to fund Itana to build first digital economic zone in Africa

Business Day Online 26 Sep 2024
The Africa Finance Corporation (AFC) will fund Itana, a digital economic zone management company, in a partnership to develop the. read more AFC to fund Itana to build first digital economic zone in Africa ... .
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The EU is failing to dissuade African migrants despite spending billions, auditors say

Beaumont Enterprise 25 Sep 2024
... on the bloc’s Emergency Trust Fund for Africa ... The European Commission-managed fund is meant to address the reasons why people leave Africa.

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AP / Taiwan Coast Guard via AP
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