Pension Funds Chase Nearly $1bn in Dangote Refinery Share Sale
South Africa’s PIC and Nigerian pension administrators have reportedly applied for nearly $1bn in Dangote Refinery shares, with Nigeria’s SEC due to rule on allotments.
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Mahama Tells Investors Ghana Is Open For Business Again
President Mahama has urged investors to back Ghana, citing reforms to customs procedures, tax incentives and digitised public services aimed at making business faster and simpler.
US regulator moves to close $103m ‘cherry picking’ case against top fund manager
The US Securities and Exchange Commission has asked a court to approve a settlement with former Western Asset co-CIO Ken Leech, part of a $103 million payback to investors.
Treasury Beats Weekly T-Bill Target by 30.5% as Yields Keep Falling
Ghana’s Treasury drew GH¢2.93 billion in bids against a GH¢2.24 billion target last week but accepted only GH¢1.77 billion, as T-bill yields fell across all tenors.
Mahama Leads Ghana Delegation to Egypt’s First Alamein Africa Forum
President Mahama joins over 20 African leaders in Egypt for the inaugural Alamein Africa Forum, leading a Ghanaian delegation focused on trade, financing and investment.
US Regulator Sues Firms Over $15m WhatsApp Investment Scams
The US Securities and Exchange Commission has charged four entities over fake AI trading platforms that used WhatsApp and Facebook to take more than $15 million from investors.