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Kenya: IFC Injects Equity, Debt Into Kenyan Companies

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Posted by admin 9 days ago (http://allafrica.com)
[The Star]The International Finance Corporation sealed financing deals worth $245 million (Sh21.71 billion) in equity and debt with Kenyan companies in the financial year ended June 30, it said yesterday.

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Kenya: NSE Stock Rises Higher On Second Trading Day

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Posted by admin 9 days ago (http://allafrica.com)
[The Star]The Nairobi all share edged 0.12 points higher to close at 159.94.

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Nigeria: NSE Records Highest Trading Value Since Inception

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Posted by admin 9 days ago (http://allafrica.com)
[Daily Independent]The Nigerian Stock Exchange (NSE) recorded a trading value of N48.708 billion on Monday, the highest daily trading value in the nearly 60 years history of the bourse.

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Zimbabwe: ZSE Reflects Slowing Economy

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Posted by admin 9 days ago (http://allafrica.com)
[Financial Gazette]THE slow pace of economic recovery has resulted in the total value of shares traded on the Zimbabwe Stock Exchange declining to US$260 million for the eight months to August, from US$319 million during the same period last year. Figures from the ZSE show that turnover however increased by 163 percent to US$66,3 million. Foreign investors maintained an appetite for shares on the

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Zimbabwe: Sabmiller, Old Mutual, Nampak Takeover Hunyani

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Posted by admin 9 days ago (http://allafrica.com)
[Financial Gazette]THREE multinational firms have assumed control of the Zimbabwe Stock Exchange-listed packaging giant, Hunyani Holdings Limited, following a landmark transaction three weeks ago that underscored government's climb-down on controversial empowerment laws. The country's indigenisation policy forces offshore investors to hold up to 49 percent shareholding in local enterprises.

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Nigeria: Stocks Value Rise By N6 Billion At NSE

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Posted by admin 9 days ago (http://allafrica.com)
[Daily Independent]Value of shares traded on the Nigerian Stock Exchange on Wednesday rose by N6 billion, moving from N13.49 trillion recorded on Tuesday to N13.50 trillion.

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Nigeria: Capital Market Literacy in Nigeria 16 Percent

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Posted by admin 9 days ago (http://allafrica.com)
[Daily Independent]The Securities and Exchange Commission (SEC) on Wednesday stressed the need for sustained collaboration of all stakeholders for a more vibrant capital market in Nigeria.

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Nigeria: NSE-Asi Rises On Modest Gain As Oscillation Persists

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Posted by admin 9 days ago (http://allafrica.com)
[Guardian]THE equities market closed yesterday on a positive note, as Nigerian Stock Exchange [NSE] All Share Index [ASI] appreciated by 0.04 per cent to close at 40,885.40 basis points, compared with the 0.84 per cent depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at 1.07 per cent.

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