Omegascorpi [Beta] » Finance

World Investment Report

tape — Fri, 18 Sep 2009 14:38:54 +0000

Download the 2009 edition of the world investment report.

African Alliance

tape — Wed, 16 Sep 2009 23:24:27 +0000

African Alliance provides on-the-ground investment banking services across multiple African markets.
The nature of the services include the following:
• Asset management
• Debt origination
• Corporate finance
• Stock broking
• Research
• Private equity
• Third party administration
• Development Finance

Interested in a career at this prestigious company? click here.

Fall of the house of Lehman (timesonline.typepad.com)

Kenya Bank Ranking 2008

tape — Wed, 01 Apr 2009 10:19:08 +0000

Top 10 banks at December 2008

Assets
1. KCB (rank last year – 2) Kshs. 174.7 billion (~$2.19) billion
2 Barclays (1) 168.8b
3 Standard Chartered (3) 99.14b
4 Cooperative (5) 83.9b
5 CFC Stanbic (4) 83.2b
6 Equity (6) 77.2b
7 Commercial Bank of Africa (7) 50.1b
8 Citibank Kenya (8) 47.5b
9 NIC (10) 42.7b
10 National Bank of Kenya (9) 42.7b
Then Diamond Trust, Investment & Mortgages, Prime, Housing Finance, Imperial

Profits
1. Barclays Kshs 8.0 billion (~$100 million)
2. KCB 5.39b
3. Equity 4.76b
4 Standard Chartered 4.7b
5. Citibank Kenya 3.35b
Then Cooperative 3.33b, National Bank of Kenya 1.8b, Commercial Bank of Africa 1.7b, Investment & Mortgages 1.62b, NIC 1.47b

Deposits
1. Barclays Kshs. 126.4 billion (~$1.58 billion)
2. KCB 109.8b
3. Standard Chartered 76.9b
4. Cooperative 65.9b
5. CFC Stanbic 61.5b
Then Equity 50b, Commercial Bank of Africa 41.8b, NIC 35.2b, National Bank of Kenya 34.3b, Diamond Trust 32.7b

Loans
1. Barclays Kshs 108 billion (~$1.35 billion)
2. KCB 79.3b
3. Cooperative 53.3b
4. CFC Stanbic 44.2b
5. Standard Chartered 43.3b
Then Equity 40.9b, NIC 30b, Commercial Bank of Africa 26.3b, Investment & Mortgages 25.9b, Diamond Trust 25.4b
Source: from published audited accounts for 2008[

[Source:Bankele]

Mwana

tape — Sun, 16 Nov 2008 20:46:06 +0000

A pan-African resources company listed on the London Stock Exchange’s Alternative Investment Market[ Aim:MWA]

With operations and exploration activities in Zimbabwe, and a broad range of exploration and development projects in the Democratic Republic of Congo (DRC) and Ghana, the asset base of Mwana Plc is diverse and well spread [gold, nickel, copper, zinc, cobalt,diamonds and oil and gas].

Emerginvest

tape — Wed, 10 Sep 2008 16:10:01 +0000

Emerginvest (a free service) is connecting investors to hundreds of

thousands of undiscovered,African companies by providing data,

research, and tools on African stock exchanges. Emerginvest lets anyone – even those who aren’t familiar with frontier markets – find stocks to invest in. After a few minutes of browsing, investors can find companies in emerging markets like Ghana, Nigeria,Namibia,Botswana,Egypt,kenya and much more

Once a user finds an investment, Emerginvest can recommend all of the ways that an investor can own that particular stock – whether through suggesting local, English-speaking brokerages, or domestic vehicles such as mutual funds, ETFs, and ADRs.

EMERGINVEST

List of African markets covered:

Tunisia

Mauritius

Botsawana

Ghana

Malawi

Tanzania

Nigeria

Zambia

Kenya

Egypt

Morocco

Uganda

South Africa

Global Financial Stability Report [May 2008]

tape — Fri, 29 Aug 2008 13:20:20 +0000

Click on picture to go and read it

Dow Jones 50

tape — Sat, 16 Aug 2008 14:07:34 +0000

The Dow Jones Africa Titans 50 Index^SM measures the stock performance of 50 leading companies that are headquartered or generate the majority of their revenues in Africa. Eligible stocks are traded on recognized domestic and international exchanges.

Stocks are selected to the index by float-adjusted market capitalization, subject to screens for size and liquidity. No more than 15 stocks can be selected from an individual country. The index is modified capitalization weighted, adjusting for free float and to meet diversification requirements.

West African Banks entering en masse the East African market

tape — Tue, 12 Aug 2008 21:14:30 +0000

From the banking industry point of view, within the next three to five years, there’s a big storm coming. Banks from West Africa are already coming with very big cheque books…”

West African banks include big players like,United Bank for Africa[6 million customers],Ecobank[500 branches], Access Bank, and Bank of Africa [Monitor]

Mauritius Stock Exchange to Be Listed on Dow Jones

tape — Tue, 12 Aug 2008 11:56:33 +0000

Port-Louis-

The Mauritius stock exchange will join the Dow Jones Wilshire Global Index on 1st October.

This decision was taken by Dow Jones Indexes and Wilshire Associates which are, respectively, the world’s leading index follower and investment services entity.[Les Afriques]

The Mauritius Stock Exchange joins the South African Stock Exchange,The Moroccan Stock Exchange and Cairo Stock Exchange.

The economy,Economic agents and Ownership

tape — Mon, 04 Aug 2008 21:55:19 +0000

A judicious report by the MyAfrica site should wake up even more the middle and upper class of Africa to the notions of Wealth,Ownership and Patrimony.
The author of the post states that:
“If Kenya were a cake to be shared out,Kenyans would only lay claim to 31 per cent of the country’s total wealth. The rest would go to foreigners. Agriculture,tourism and banking,which combined bring in the country’s largest earnings,are in foreign hands. Last year,tea,tourism,flowers and coffee earned the country Sh140 billion,nearly half of the annual national budget. Of this money,only 31 per cent ended up in the country – as tax and real earnings to the nationals. And shareholding in the richest 20 companies that trade at the Nairobi Stock Exchange is foreign. The skewed distribution of wealth between foreigners and Kenyans puts paid to all efforts since independence to hand control of the country to its citizens.”
read more

That are many methods that African both at home and abroad could as individual investors as well as institutional investors turn the wheel around. We should go trough the different options that are widely known but not necessarily practised by enough individual investors.
That are many investment division at banks,investment funds,online brokerage firms for the individual investor to get involve in the African stock market.
For now we at Africaincorp have opened an account with an online brokerage firm to get ourselves in involved in the African financial market.
In the posts to come we will be happy to share on our portfolio,our strategy as well as the different banks,investment funds and other intermediaries the individual investor may use.

Fax/E-mail/Skype your local African banks:
Bank of Africa
Versus Bank
Cobaci
Attijariwaffa Bank
Ecobank
Commercial Bank of Ethiopia
Banque Atlantique
Societe Generale des banques en Cote D’Ivoire
Mauritius Commercial Bank
Kenya Commercial Bank

If you have done so already,please share with us your experiences and insight on taking ownership of our economy, through the use of real estate,securities and bonds investments in the African markets.