Market News 2.27.17

Top selected capital market headlines for Africa and Latin America | February 27, 2017 AFRICA MARKET NEWS: The Central Bank of Nigeria has introduced a policy with new charges on deposits and withdrawals nationwide. The new charges are expected to take effect April 1st, 2017. Barclays and African subsidiary – Barclays Africa Group Ltd – reach agreement on separation terms. ...

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Market News 2.24.17

Top selected capital market headlines for Africa and Latin America | February 24, 2017 AFRICA MARKET NEWS Zambia’s central bank cut its benchmark lending rate by 150 basis points to 14%. German firm ATM Holding has acquired 25.5 percent of Murray & Roberts (M&R), a South African construction group. The move makes ATM Holding the largest shareholder in M&R – causing ...

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Strengthening the Resilience of African Economies: The Miracle of Green Bonds

Africa was once labelled as the hopeless continent by The Economist Magazine. While this label did not go well with many African researchers, it was difficult to refute this claim as in the early 1990s, Africa was in a sorry state. With weak economic governance, rising unemployment, low growth figures, deepening poverty, civil unrest, widening inequality and a huge infrastructural gap, ...

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Market News 2.22.17

Top selected capital market headlines for Africa and Latin America | February 22, 2017 AFRICA MARKET NEWS Planned IPOs for Airtel Tanzania and Tigo Tanzania to take longer than expected. Last year, Tanzania passed a law compelling all mobile phone firms to offload 25 percent of their shares on the Dar es Salaam Stock Exchange. The Estée Lauder Companies partner ...

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Market News 2.20.17

Top capital market headlines for Africa and Latin America | As of February 20, 2017 AFRICA MARKET NEWS Minergy, a coal and energy company, plans to list on the Botswana Stock Exchange in the first half of 2017 – reports various news outlets. It is also planning a Johannesburg Stock Exchange listing in the latter part of 2017. Central bank ...

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Market News 2.17.17

Summarizing capital market headlines for Africa and Latin America | As of February 17, 2017 AFRICA MARKET NEWS The Capital Markets Authority (CMA) granted approval for the listing of the first-ever Exchange Traded Fund (ETF) in Kenya. The ETF will track the price of gold, said the regulator. CMA’s statement also said the ETF will be issued by NewGold Issuer ...

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Inclusive Finance: Mobile Banking and Microfinance in Africa

Mobile Banking

Over the past several years, countries in Africa have experienced significant levels of economic growth. Finance has played a major role towards facilitating activities that has influenced the development taking place on the continent. According to the African Development Bank, recent growth has been due to growth in sales in commodities, services, and manufacturing. Sub-Saharan Africa, in particular, is expected ...

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Frontier Markets: Trade volume and share price

A stock’s trading volume – or volume – is the number of shares that changed hands during a given day. Trade volume can help identify momentum, market interest, and liquidity. Liquidity is important for financial securities – this is especially true for frontier markets (FM) and emerging markets (EM) where trade volume tends to be lower relative to developed markets. ...

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Africa Performance and Year in Review: 2016

Markets Struggle

Overall, Africa’s stock markets did not perform well in 2016. There were several reasons for the poor performance. Painful currency shortages were widespread throughout Africa and major devaluations impacted U.S. dollar and local returns. Devaluations were particularly impactful in Egypt and Nigeria. Currency weakness has been a major headwind for African investments. This is not just true for 2016, but ...

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Latam Performance and Year in Review: 2016

Latam 2016

Latin American equities performed well in 2016. Most of these markets finished the year with significant gains and outperformed developed markets – such as the U.S. – reinforcing the importance of diversification and including frontier/emerging market equities in our overall portfolio. Not all Latam markets performed strongly. A concrete divergence of performance in 2016 appeared between Mexican and other Latam ...

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