African fund managers look for governance in new markets

African fund managers look for governance in new markets

"Governance at the heart of investment decisions of African fund managers" Governance, good regulation and availability of market data and prices help African fund managers decide on investing into other African markets, according to a survey of 50 African asset-managers for the African Exchanges Linkage Project (AELP) project. Key factors when they choose new markets […]

Half of Kenya Power directors quit

Half of Kenya Power directors quit

Energy Cabinet Secretary Charles Keter. FILE PHOTO | NMG Five non-executive directors of Kenya Power representing half of the board on Monday resigned without the electricity distributor announcing their replacement. The Nairobi Securities Exchange-listed firm said Adil Khawaja, Kairo Thuo, Wilson Kimutai Mugung’ei, Brenda Kokoi and Zipporah Kering had resigned as independent directors. The company […]

African economies batten down the hatches as COVID-19 hits, but medium-term forecast looks brighter

African economies batten down the hatches as COVID-19 hits, but medium-term forecast looks brighter

Mergers and acquisitions (M&A) have decreased across Africa in the first half of 2020 in terms of both volume and value, with some exceptions in Nigeria. Going forward, dark clouds remain over the M&A market in Africa in the short-term, with economic uncertainty likely to cause a reduction in foreign investment. However, recent developments regarding […]