7/9/2017/Reuters South African black-owned asset manager ARC Investments aims to grow into a fund of up to 25 billion rand ($2 billion), one of its co-chief executives said on Thursday after listing on the Johannesburg stock market. ARC is operating in something of an investment sweet spot, with South African […]
Investors Bite
Afreximbank offers $300 million to private investors in equity
7/9/2017/Reuters The African Export-Import Bank (Afreximbank) is offering up to $300 million in depositary receipts to private investors to boost capital for lending to industries on the continent, a top executive of the bank said on Thursday. The depositary receipts offer investors the same rights as normal shareholders, but issuing […]
UNILEVER N58.8Billion Rights Issue Closes (Today) September 8, 2017
September 8, 2017/Cordros Capital Unilever Nigeria Plc’s (UNILEVER) Rights Issue, opened on 31 July, 2017, will close on Friday, 08 September 2017. The Rights Issue is being undertaken to enable UNILEVER repay its various outstanding loan obligations and to support working capital. Details of the Rights: Being Issued – […]
