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AIB Capital Completes Merger With Apex Africa

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 29 June 2020.

On June 29, 2020, Nairobi-based stock brokerage firms AIB Capital and Apex Africa Capital announced the completion of their previously announced merger.

The two entities have now fully merged their respective stockbroking, bond trading, derivatives, research, and corporate finance activities and will trade as AIB-AXYS Africa.

AIB-AXYS Africa will now form part of AXYS Group, a Mauritius-based financial services company with subsidiaries in Switzerland, UAE, and Hong Kong. The group has over two decades of experience in financial services, offering a range of services including asset management, wealth management, corporate finance, brokerage, corporate services, and asset financing and deposit taking.

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