February 3rd, 2017 by Tom Minney
Institutional savings – pension, insurance and other funds – are transformative for Africa’s economies. How to get there best will be the theme at AME Trade’s Pension Funds & Alternative Investment Africa conference (PIAFRICA), Mauritius 15– 16 March.
August 25th, 2011 by Tom Minney
Kenyan financial services firm British-American Investments Company Ltd. said on 23 August that its initial public offering (IPO) had only attracted 60.09% of the targeted KSh5.85 billion ($63million).
July 15th, 2011 by Tom Minney
British American Investment Company (Kenya) Ltd launched its initial public offer (IPO) this week. It aims to raise KES 5.58 billion (US$62.2 million) for expansion. The offer is open until 5 August, and it to list its shares on the Nairobi Stock Exchange.
January 10th, 2011 by Tom Minney
Results have recently been released of the share offer of insurance company Alliance Assurances on the Algiers Stock Exchange. The share offer was open from 2 November until 1 December and was oversubscribed, with private individuals flocking to receive the shares. Alliance aims to be the first private company to list on the Bourse d’Alger. A total of 1,804,511 shares were subscribed, the full amount offered, at a price of 830 Algerian dinars (USD11.17) each.