01/25/2018
The International Finance Corporation (IFC) is investing $55 million to support the close of project financing for Mozambique’s first gas-fired power plant to reach commercial operation.
01/25/2018
The fund will launch with $105 million in seed capital and expects to close its initial round of fundraising in the first half of the year, the ICD told Reuters
01/25/2018
Citing World Bank estimates showing that Somali GDP growing by 5 percent in 2015 and 6 percent in 2016, he emphasized the urgent need to explore Somalia’s other untapped sectors
01/25/2018
The continent’s development is a triumph for free trade, says Daniel Hannan in The Sunday Telegraph.
01/24/2018
Danso shared African investor’s delight in partnering with the World Pensions Council and other pensions associations in support of mobilising one per cent of global assets towards African infrastructure.
01/23/2018
The brokerage’s founder and shareholder Stanely Ngaine is also on the board as chairman with another directorship being held by Reithfield (K) Limited, the business’ third co-owner.
01/23/2018
The deal, as previously reported by ALB, was also the world’s first project financing of a floating LNG facility.
01/23/2018
Tunisia faced great economic challenges in the post-Arab Spring era. Now, the country is ready to open up the foreign exchange market to retailers
01/22/2018
What are set to be the most influential moments and movements for African private equity in 2018?
01/22/2018
Type IIa diamonds contain very little or no nitrogen atoms and are the most expensive stones.
01/21/2018
Europe-based VC firm expands to Africa to help develop talents and businesses in the region
01/21/2018
According to Cole, the world is in urgent need of a more coordinated level of shared expertise, resources and influences to forge ahead on key developmental fronts.
01/19/2018
Standard Bank acts as commercial facility agent, onshore account bank and security trustee in respect of the project.
01/19/2018
The move, however, backfired as it resulted in a crisis in confidence and capital flight causing the emergence of a strong foreign currency black mark
01/16/2018
South Africa's hedge fund industry is changing. New regulations have increased operational costs and placed limits on what hedge fund managers can do
01/16/2018
Gem sold a 357-carat stone for $19.3 million in 2015 and in 2006 found the 603-carat Lesotho Promise.
01/15/2018
Zheng, who did not disclose the amounts that would be invested, expressed interest in getting involved in the region’s development plan
01/15/2018
Gross domestic product expanded faster than the majority of countries in the Middle East and North Africa in 2017
01/12/2018
Siyabonga Mbanjwa, SENER Southern Africa Regional Managing Director
01/11/2018
Financial services division makes third deal in six months.