By InvestAdvocateLagos (INVESTADVOCATE)- ECP Africa Fund II PCC and its partners (the ECP Fund II Consortium) has said they will divest 50.6 percent stake in Nigerian reinsurance firm, Continental Reinsurance Plc, the company said in a notice to the Nigerian stock exchange (NSE). According to the notice, C-Re Holding is […]

The Zimbabwe government and stockbrokers in the nation’s stock market agreed to halve their combined stake in the bourse to 50 percent before an initial public offering. The 50 percent share of the Zimbabwe Stock Exchange will be valued at $5 million, according to a memorandum of understanding signed today […]

Lotus Capital Limited says it has held a signing ceremony with respect to the proposed initial offer for subscription of the Lotus Halal Equity Exchange Traded Fund. The company said this in a statement made available to our correspondent on Monday. The signing ceremony was held following the receipt of […]