The Fund for Africa Private Sector Assistance (FAPA) of the African Development Bank (AfDB) made a $400,000 seed investment in Africlear Global to enhance the efficiency of capital markets by “supporting the modernization of central securities depository infrastructure across Africa,” officials say. (FAPA signed the agreement with Africlear on March 5, 2015.) The Africlear Global… Read More >>
Standard Bank to Deploy Cloud-Based Solution
The private clients business of Standard Bank in South Africa will be deploying accounting and enterprise data management solutions from Eagle Investment Systems to support key fund accounting and data functions of its middle- and back-office operations, officials say. Eagle officials describe the offering as a real-time, web-based, hosted accounting system running on top of… Read More >>
