Latest News for: Africa fund manager


Prosus faces investor criticism over $144 million fee for Naspers share swap

Metro USA 27 Jul 2021
“I wouldn’t want to see such huge amounts of money being paid,” said Peter Takaendesa, head of equities at Mergence Investment Managers in South Africa ... Mergence was among 36 fund managers from South Africa who wrote to Prosus’ management in June opposing the transaction.

AfCFTA, the long road to Africa's promised land of trade and prosperity |26 July 2021

Nation 26 Jul 2021
Can Africa pull this off? ... Moreover, global corporates, asset and fund managers see the opportunity presented by a single market in Africa and the potential evident in factors such as labour competitiveness that make the continent supremely primed for manufacturing and large-scale industrial development.

IFC invests USD 25 mln in Digital Infrastructure Fund from Convergence Partners

Telecom Paper 23 Jul 2021
... Africa, an investment management firm specialising in the TMT sectors in Africa.

IFC to boost digital access in Africa

New Business Ethiopia 22 Jul 2021
Together, we can help connect more homes and businesses in Africa by supporting funds such as the Convergence Partners Digital Infrastructure Fund to bridge the $100 billion digital infrastructure financing gap to reach universal connectivity by 2030,” said Makhtar Diop, IFC’s Managing Director.

The media trial of Arif Naqvi

Dawn 21 Jul 2021
Abraaj was the biggest private equity firm in the Middle East and North Africa until investors raised concerns about the management of its $1 billion healthcare fund, which led to its collapse.

RxAll grabs $3.15M to scale its drug checking and counterfeiting tech across Africa

Crunch 20 Jul 2021
Despite the company’s innovation, funding has been few and far between, as with many deep tech platforms with a significant focus on Africa ... Launch Africa led the round with participation from SOSV’s HAX and Keisuke Honda via his KSK fund. Speaking on the round, managing ...

ALM Programme Manager - MAT Cover

Reliefweb 19 Jul 2021
We manage health programmes that ensure vulnerable women and children can access the high-quality health services they need ... The effective and efficient project management of the Africa Led Movement to End FGM programme (ALM) which is funded by the FCDO and is due to run for 5 years ... Experience of managing large, complex donor-funded budgets.

Economic impact of last week’s riots

Moneyweb 19 Jul 2021
Sanlam Investments Global Emerging Markets fund portfolio manager ...

Swiss State Secretariat Helps Blockchain Incubator Firm Set Up Base in South Africa

Bitcoin 16 Jul 2021
However, according to Gideon Greaves, the managing director of CVVC South Africa hub, the African blockchain start-ups applying for funding need to demonstrate that their projects can solve challenges that are specific to their regions.

Liberty’s share price leaps on Standard Bank’s plan to acquire all its shares

Independent online (SA) 16 Jul 2021
Standard Bank said the integration of the companies would create a strong and established, unified financial services powerhouse in Africa ... Mike Gresty, a fund manager and analyst at Anchor Capital, said given the market’s depressed valuation of Liberty prior to the announcement, it was an opportune time for Standard Bank to make a bid.

Mediterranean carcerality and acts of escape

Open Democracy 16 Jul 2021
Since 2017, €57.2m from the EU Trust Fund for Africa has funded Libya’s ‘integrated border management’, on top of which hundreds of millions of euros were transferred by EU member states to Libyan authorities through bilateral agreements.

ARISE Africa calls for climate resilient infrastructure investment

Reliefweb 15 Jul 2021
Representatives from UNDRR, ARISE, PFAN, Global Compact South Africa and RBN Fund Managers unanimously agreed on the importance for African countries to build more climate resilient infrastructure, underlining the significant role of the private sector in this field.

OTI Regional Team Leader - Washington, D.C. (GS-14)

Reliefweb 15 Jul 2021
This is a program-funded USPSC position that focuses the vast majority of its time on managing country programs ... Lead and oversee the West and Central Africa OTI Regional Team, including Deputy Team Leader(s) and Program Managers in Washington D.C.; and Country Representatives and implementing partners in the field and at headquarters.

GTBank Named Olusanya as MD, Agbaje Remains GCEO of Parent Company

This Day 15 Jul 2021
Miriam Olusanya, as its new managing director (MD) ... Jide Okuntola (Deputy Managing Director) ... We also believe that we are in a better position to drive an asset management business and a pension fund business, given our strong retail base and digital-first approach to financial services, which we have honed over the past decade,” he said.

Dubai regulator fines former Abraaj finance chief $1.7 million

Reuters 14 Jul 2021
... investors in Abraaj funds ... Dubai-based Abraaj was the largest buyout fund in the Middle East and North Africa until its collapse in 2018, after investors raised concerns about the management of its $1 billion healthcare fund.Reporting by Davide Barbuscia; editing by Barbara Lewis.

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