🇲🇺 Stock Exchange of Mauritius

Bharat Telecom Ltd is now officially delisted from the Development & Enterprise Market (DEM) of the Stock Exchange of Mauritius (SEM) following the previous communiques of the company.

Africa-focused private investment firm, Helios Investment Partners LLP and trading commodities company, Vitol Group, are set to buy Shell’s 20 percent equity in Vivo Energy. This $250 million deal is expected to be complete in the first half of 2017 though it is subject to regulatory approval.

The Board of Directors of the African Development Bank (AfDB) has approved a seed equity capital investment of USD 25 million into the African Domestic Bond Fund (ADBF). The ADBF was conceived as part of the African Financial Markets Initiative (AFMI, www.africanbondmarkets.org), dating back to 2008. Its objectives are to contribute to the development of local debt markets in Africa, by strengthening the domestic bond market infrastructure and investing in local currency-denominated debts. The AFMI’s activities are implemented through its two pillars which are the African Financial Markets Database (AFMD) and the African Domestic Bond Fund (ADBF).

Mauritian bank group SBM Holdings will acquire full ownership of Kenya's Fidelity Bank, a small lender, in a deal valued at 100 shillings ($0.98), SBM said in a filing with the Mauritian bourse on Tuesday.