Former bankers from UBS, Deutsche Bank and Dresdner Kleinwort are among the senior line-up at the new Africa-focused brokerage and advisory business being launched in a matter of weeks by the Swiss bank's former equities co-head Yassine Bouhara.

Bouhara outlined plans to Financial News a year ago to hire more than 30 staff across Paris, Dubai and Algiers, with plans for London and New York offices also in the frame.