The African Development Bank has thrown its weight behind a concession agreement for the construction of a high-speed railway in Accra, Ghana’s capital.
The signing took place on the opening day of the second Africa Investment Forum, running from Monday...
By Tope Alake and Alonso Soto August 6, 2019, 6:00 AM GMT+2 Updated on August 6, 2019, 7:50 AM GMT+2
Nigerian trade consultant Bamidele Ayemibo says it’s easier to sell his bean cake snacks to China than to neighboring Benin.
Trading...
JOHANNESBURG – Absa Corporate and Investment Bank (CIB) yesterday said that it planned to expand its agriculture loan book to countries such as Ghana, Kenya, Tanzania, Uganda and Zambia, due to good long-term growth prospects in the rest of...
Cape Town, South Africa, One & Only Hotel; 3 September 2019: Africa investor (Ai), a leading international investment and communications group, today announced the highly-anticipated release of the shortlisted candidates for the 2019 Ai Infrastructure Investment Awards. The Awards...
By David Haglund
Emerging markets offer a broad opportunity set for investors. However, many investors focus on the high-profile stories in Asia and Latin America, overlooking potential opportunities in other regions, as Franklin Templeton Emerging Markets Equity’s David Haglund explains. He...
The AfDB launched its Room2Run initiative last month which effectively freed up $700m off the bank’s balance sheet.
The Africa50 fund officially opened its headquarters in Casablanca, Morocco, in September of this year. Mandated in 2013, during the African Union’s 50th anniversary,...
New Delhi: Half a dozen marque investors, including Warburg Pincus LLC, Temasek Holdings, Singapore Telecommunications Ltd and SoftBank Group Corp, will invest a combined $1.25 billion in Bharti Airtel Ltd’s unit in Africa ahead of a potential initial public offering (IPO). India’s...
Rwanda’s Bank of Kigali has priced its rights issue at 270 francs per share, seeking to raise 60 billion francs ($67.81 million), it said in a statement seen by Reuters on Friday.
The lender, which is Rwanda’s biggest by assets,...
On 2 July, the PSA Group – manufacturer of the Peugeot, Citroën, DS, Opel and Vauxhall brands – produced its first vehicle assembled in Morocco at the brand new factory in Kenitra’s Atlantic Free Zone (AFZ), north of Rabat. Commercial production...
frican exchanges largely performed well in 2018, but there are some challenges taking shape
African stock exchanges have performed fairly well on the whole this year, but the Turkish lira crisis in August sent shockwaves of worry across emerging markets....
