Recent Stories

NSE, CSCS to Commence Post-Trade Allocation Service

The Nigerian Stock Exchange (NSE) and Central Securities Clearing System (CSCS) Plc. have concluded arrangements to commence post-trade allocation service to operators on the NSE by December 1, 2015. Addressing market participants at a forum in Lagos recently, the Operations Manager, Market Operations and Technology Division of the NSE, Mr. Ken...

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SECHA CAPITAL INVESTS IN FOOTWEAR

South African impact investment manager Secha Capital announced that it has agreed to invest in Geestep, a footwear company. The value of the investment remains undisclosed, but Secha Capital typically takes minority stakes in its investments, spending up to R5 million. The deal is the third for Secha Capital VCC,...

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XSML CAPITAL MAKES 4TH INVESTMENT

XSML Capital's African Rivers Fund is making its fourth investment in Uganda. The $50 million fund, which held its final close in May this year, is backing Telcare Ltd, which operates 39 kiosks and 4 shops Kampala under the Go-Phones brand. The capital will be used to support the company's...

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