Saturday, September 21, 2019
In Africa, there has been the emergence of an ecosystem built around pension funds. A recent institutional investor study estimated that the ten largest funds in Africa held a combined $310 billion in assets. This has transpired for a number...
WASHINGTON, D.C. – The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today launched its Connect Africa initiative which will mobilize more than $1 billion to projects that support transportation, communications, and value chains in Africa over the next...
Angola plans to allow miners to sell up to 60% of rough diamonds to companies of their choice, including to their own trading divisions, Reuters reported last week. The changes are part of the country’s reforms to its diamond sector...
Investors want policy certainty about the integrated resource plan (IRP) before they put their money behind gas projects, says an independent power producer. Linda Mabhena-Olagunju, founder and managing director of DLO Energy – a group of companies working within the...
LONDON, June 21, 2018 /PRNewswire/ -- Zimbabwe, Egypt and Ghana demonstrate the most positive changes for business, followed closely by Nigeria and Mozambique Zimbabwe, Egypt and Ghana are the leaders when comparing their September 2017 risk-reward score with the score from June 2018, according to the Africa Risk-Reward Index from Control Risks and Oxford Economics. Followed closely by Nigeria and Mozambique, these...
The country’s shady internal politics and complex regulatory framework meant that only the hardiest investors braved Africa’s largest market. As in the Great American West, prospectors would set out with gold in their eyes; seeing risk as opportunity if...
2017 was a moderately busy year for M&A activity in the Sub-Saharan Africa region (SSA), with deal data pointing to a slowdown in M&A, both in terms of the number and monetary value of deals. Recent data shows that the...
2017 was a moderately busy year for M&A activity in the Sub-Saharan Africa region (SSA), with deal data pointing to a slowdown in M&A, both in terms of the number and monetary value of deals. Recent data shows that the...
In bids to expand Nigeria's electricity grid to 20,000MW over the next four years, the World Bank, African Development Bank (AfDB), Japan International Cooperation Agency (JICA) and the French Development Agency have raised $1.57 billion for the Transmission Company...
KIGALI, June 27 (Reuters) – Volkswagen will launch a car assembly facility in Rwanda on Wednesday, the first such factory in the East African nation as Europe’s biggest carmaker expands its presence in the region. Car ownership remains low in...
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