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EFG Hermes buys 50% FIM stake for $21.5mln

July 23, 2017

In line with its strategy to expand its asset management business, EFG Hermes, the Egyptian investment bank, is paying $21.5 million for a 50% stake in Frontier Investment Management Partners or FIM [more...]

Brainworks to list on the JSE

June 25, 2017

Zimbabwe-focused investment and advisory company Brainworks Ltd has announced that it will has applied to list on the Main Board of the Johannesburg Stock Exchange. In making the move, the company is [more...]

Covington to open South Africa office

May 7, 2017

Covington and Burling, the global law firm headquartered in the USA, is opening a new office in Johannesburg as part of its expansion of its Project Development and Finance practice, significantly [more...]

Actis-backed MédiS buys Sanofi’s WPS

April 23, 2017

MédiS, a generic pharmaceuticals business with operations in Tunisia and Algeria, has agreed to acquire Winthrop Pharma Senegal from Sanofi in an undisclosed deal. Actis acquired what was described [more...]

Imara de-lists from Botswana Stock Exchange

April 17, 2017

In the latest in a series of recent moves, asset management and advisory firm Imara Holdings was de-listed from the Venture Capital Board of the Botswana Stock Exchange at the end of March. The news [more...]

Atlas Mara looks for a bounce

April 9, 2017

Macroeconomic factors and adverse currency shifts have pummeled Atlas Mara’s profits in the last year, but through a combination of cost savings and a focus on fintech opportunities, the Financial [more...]
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