Advance Emerging Capital (AEC) News

Johannesburg Stock Exchange (JSE)

African IPO fund-raising in first half of 2014 surpasses all of 2013

Capital raised through IPO activity on African stock exchanges in 2014 has now surpassed the total raised during the whole of 2013.

Michael Levy, Manager of the Baring Frontier Markets Fund, Baring Asset Management

Africa’s economic lions poised for growth

Nigeria and Kenya should outperform their frontier market peers because of strong economic fundamentals and attractive valuations, managers have said.