There’s Still Appetite for Mining in Southern Africa
South Africa and Zimbabwe had the biggest mining investment deals, which accounted for about $323.8 million of global mergers and acquisition (M&A) activity in the mining and metals sector in 2019. The global M&A deals for 2019 were, however, lower than the prior year according to global data and analytics company, GlobalData. Zimbabwe had one […]
West Africa’s New Currency Plans Hit a Snag
Six countries of the Economic Community of West African States (ECOWAS) have rejected the ‘eco’ currency adopted by eight mostly francophone countries. Nigeria, Sierra Leone, Ghana, Liberia and Gambia, who are all English-speaking, as well as Guinea, a francophone country, stated their position on Thursday. West African leaders met in June 2019 and agreed to […]
Kenya Consolidates its Loans
Kenya is in advanced talks with the World Bank for “a fairly priced” loan of up to $991.57 million, nearly half of its required external funding this fiscal year. The East African nation wants to cut debt from overseas capital markets, after a borrowing binge in recent years, including Eurobond offerings, a package of Chinese […]
Business Risk in Africa has Gone Down
Investors, especially those from developed-country institutions, companies and funds, are not feeling the change enough to justify putting their money in jurisdictions with less predictable operating environments than they are used to. Senegal’s minister of economy, planning and cooperation, Amadou Hott, told delegates at the recent African Investment Forum that investors who are not familiar […]
What is Davos? Why Does it Matter?
2020 theme: Stakeholders for a Cohesive and Sustainable WorldThe World Economic Forum Annual Meeting in Davos-Klosters is the foremost creative force for engaging the world’s top leaders in collaborative activities to shape the global, regional and industry agendas at the beginning of each year. It will bring together 3,000 participants from around the world, and […]
Africa Oil & Power Launches Renewables, African LNG And Energy Finance Events
Africa Oil & Power 2020 highlights African integration across borders throughout the entire energy value chain. AOP 2020 welcomes presidents, ministers, national oil company and utility heads, IPP and renewables executives and more for the fifth edition of Africa’s Energy Conference. This year’s event will have a major focus on the driving factors behind Africa’s […]
Chris Legrand To Spearhead The Global Operations Of Broadreach Consulting
BroadReach Consulting, an innovative technology-driven entity, focused on developing global healthcare solutions with many projects in Africa, has announced that Chris LeGrand will take up the position of Global Group CEO as of 1 February 2020. Chris has more than thirty years’ business experience in the public and private health and life sciences sectors in […]
Most Affordable and Most Expensive African Cities
Mercer is the leading provider of data on cost of living and housing for employees sent to work abroad. As part of the ongoing research, Mercer produces these annual rankings of the cost of living in more than 200 of the most prevalent assignment destinations for expatriate employees. The rankings demonstrate how currency fluctuation and shifts in the prices […]
