A sharp
focus on one market: Africa. Throwing knife with
blade shaped like a bird’s head,these knives were
important trade items and served as status symbols
for chiefs. Gabon, Equatorial Africa, 19th century. |
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Afrinvest (West Africa) Limited (“Afrinvest”) is a
management majority-owned securities firm involved in
investment banking, securities trading, asset management and
investment research with a focus on West Africa. Afrinvest
emerged from the December 2005 investment by Afrinvest
International in Securities Transactions & Trust Company
Limited (“SecTrust”) which led to SecTrust changing its name
to Afrinvest. Established in 1995 SecTrust was previously
organised as an integrated securities brokerage, asset
management and investment research firm with an enviable
reputation in the Nigerian financial services industry.
November 2007, the shareholders of Afrinvest Limited (“AFLUK”) based in
London agreed to sell a significant stake in the company to
United Bank for Africa Plc (“UBA”). AFLUK and Afrinvest have
operated since 1995 as two separately incorporated and
independently held legal entities without any direct cross
ownership. Therefore, the sale will not result in any change
in the ownership structure and operations of Afrinvest.
Afrinvest will continue to focus on its
four key business lines - investment banking, asset
management, securities trading and investment research, and
seek across each area to provide the highest level of
service to all our stakeholders interested in sub-Saharan
Africa.
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Management Team
