Kenya

Kenya's Co-operative Bank is to press on with its initial public offering (IPO) despite the slump in the Nairobi bourse (NSE). The bank, the country's fifth-largest, plans to go public... 2008-10-29

The Netherlands Development Finance Company (FMO) has confirmed that is has committed EUR118mn (US$167mn) to nine African private equity funds, in a move that once again shows the... 2008-09-10

EM-specialists and CFW-regular Aureos Capital has successfully sold its stake in Uganda Microfinance (UML) to Equity Bank, a major Kenyan bank listed on the Nairobi exchange. Aureos... 2008-09-03

The Market Vectors Africa Index Exchange-Traded Fund (ETF) was launched on July 14 by New York-based asset manager Van Eck Global. The new ETF is the latest way for investors to tap... 2008-07-17

Kenya's leading mortgage lender Housing Finance (HF) has been given approval by the Capital Markets Authority to undertake a KES2.3bn (US$37mn) rights issue. The company, which... 2008-05-15

Rwanda's finance minister has announced that the government will sell its 10% stake in Sonorwa, an insurance firm, in May. The company will be the first to list on the Rwandan Over-The-Counter... 2008-04-07

Kenya's Safaricom began the subscription process for its share sale on March 28. The much anticipated IPO was met with thousands subscribing on the first day. Interested parties have... 2008-04-07

The regulator of Kenya's Nairobi Stock Exchange (NSE), the Capital Market Authority (CMA), has placed Nyaga Stockbrokers under statutory management and has suspended the issuance... 2008-03-14

Turkey's first major privatisation of the year was completed in late February with British American Tobacco (BAT) winning the bid for cigarette firm Tekel Sigara. BAT was the sole... 2008-02-26