February 14, 2017/Arise The recent acquisition of a 27.7 % stake in CAL Bank in Ghana by newly formed investment company, Arise (www.AriseInvest.com) is set to boost the banking sector in the country. The shareholding in CAL Bank was acquired by Arise from DPI, a leading Africa-focused private equity firm […]
Investors Bite
Bamba, a Boutique African Data Collection Agency, Raises $1.1 Million in First Seed Round
February 14, 2017/Bamba Group African data collection startup Bamba (www.BambaGroup.com) has announced today that it has closed its first seed investment round after raising US$1.1 million (Kes. 110 million) in investment funds, making it one of the largest and most successful seed rounds completed by an East African startup. At […]
FGN Bond Offer Circular
February 13, 2017/Cowry Asset Research Lagos (INVESTADVOCATE)-The FGN Bond Auction for the month of February has been scheduled for Wednesday February 15, 2017. Auction Summary Auction Date: Wednesday, February 15, 2017. Settlement Date: Friday, February 17, 2017. Amount/Tenor: N45, 000,000,000 – 14.50% FGN JUL 2021 (5-Yr Re-opening) N20,000,000,000 – 12.50% […]
