The Editorial Team |

Spot the Dot – Rupert Thompson, Chief Investment Officer at Kingswood

LONDON (Capital Markets in Africa) – Equity markets slipped back a little last week following their recovery over the previous two weeks. But it is government bonds, rather than equities, which remain the real focus of attention at the moment. If there is one variable market strategists are obsessing over at the moment, it is the 10-year US Treasury yield. It rose further last week to 1.73% and is now up as much as 0.82%…

Deutsche Post DHL Group decides on Science Based Targets and invests EUR 7 billion in climate-neutral logistics until 2030

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LAGOS (Capital Markets in Africa) – New sustainability roadmap defines ambitious sustainability targets; group decides on “Science Based Targets” and aims to reduce greenhouse gas emissions in line with the Paris Climate Agreement; to this end, the Group will invest EUR 7 billion in climate-neutral logistics by 2030; by 2030, 80,000 e-vehicles shall be deployed for last-mile deliveries, resulting in 60% electrification of the fleet; management Board compensation to be linked to new sustainability roadmap;…

What Happens when a Slot Game is Discontinued?

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All good things must come to an end, so they say – and sadly that is just as true of slot games as anything else. TV shows can be axed, books can be removed from publishers’ lists, and slot games can be discontinued, just like unwanted dishes on a restaurant menu – discover here. But what does this mean, and is there anything you can do if your much-loved slot game has been brought to…

3 Genie Wishes

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Get something everybody wants with 3 Genie Wishes. Who wouldn’t love to conjure up a genie from a bottle and get all their wishes granted at request. This magical gaming experience takes you through a wonderland as you play alongside all of your favourite child hood characters – including a wizard. Of the characters ramping up the reels, along with the evil wizard you’ll come across the iconic Aladdin with his monkey and parrot and…

Angola’s Potential $6.4 Billion Sonangol Stake Draws Gemcorp

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LUANDA (Capital Markets in Africa) — Angola can expect interest from Gemcorp Capital LLP, a firm already invested in the nation’s energy sector when it offers a potential 30% stake in oil company Sonangol EP. Under President Joao Lourenco, one of Africa’s biggest oil-producing nations has implemented reforms in recent years to draw investment and mitigate a decline in output. The process is at an early stage, but Sonangol has estimated the value of the stake…

Tanzania’s First Female Leader Sworn In With Authority in Doubt

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DAR ES SALAM (Capital Markets in Africa) — Samia Suluhu Hassan was sworn in as Tanzania’s president two days after the death of incumbent John Magufuli, and now faces the arduous task of securing political control of the East African nation. Hassan, 61, took the oath of office at a ceremony in the commercial hub of Dar es Salaam on Friday. She succeeded Magufuli under a constitutional provision that the president’s deputy will serve out…

Johnson Backs Amnesty for Well-Behaved Illegal Migrants in U.K.

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LODDON (Capital Markets in Africa) — Boris Johnson led Britain out of the European Union on a wave of public anger with high levels of immigration. Now he says he’s open to the idea of an amnesty for migrants who move to the U.K. illegally. “When people have been here for a very long time and haven’t fallen foul of the law, then it makes sense to try to regularize their status,” Johnson told a…

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