Nestle, the world's biggest food group, said on Thursday it would invest 1 billion Swiss francs expanding capacity in Africa over the next two years.
Ghana's stock exchange expects at least four new listings this year, including a local float by oil group Tullow Plc, and predicts that inflows of new pension funds will boost trading volumes.
Safaricom, Kenya's largest company by market capitalisation, dragged down the main
index after losing more than 4.0 percent on Friday.
The Kenyan shilling firmed against the dollar on Friday after the greenback lost ground against major hard currencies, increasing investors' appetite for riskier assets.
Bullish earnings and dividend expectations pushed Industries Qatar (IQCD.QA) (IQ) to a 28-month high on Thursday, helping Doha's Index .QSI reach a similar milestone.
Douglas Clayton, chief executive officer of investment fund manager Leopard Capital, is one of the premier investors of the frontier markets. Based in Phnom Penh, Cambodia, Clayton speaks to IB Times about the ramifications of Laos opening a stock exchange.
While the recent volatility in the Bangladesh stock market raises worries about investing in the so-called “frontier markets,” another developing country, Laos, has opened its own new stock marke
Hundreds of investors rioted in the commercial district of Dhaka, Bangladesh on Sunday after the local stock market suffered its sharpest one-day decline in its history.
(Corrects company name and details of funds under management in 5th paragraph)
Douglas Clayton, chief executive officer of private equity fund manager Leopard Capital, has launched his second fund focused on Cambodia.