The Editorial Team

Stears Announced as Lead Sponsor of AFSIC – Investing in Africa 2023

Stears, one of the world’s leading providers of African data and insights, has been announced as the Lead Sponsor of AFSIC – Investing in Africa 2023. AFSIC 2023, Africa’s Investment Event, which will be held in London on the 9th and 10th October 2023, is the meeting place for focused networking, discussions and executing African investment deals. It has for the past ten years delivered year on year growth as well as success for African…

Exploring the Potential of Sovereign Wealth Funds in Senegal, Mauritania

Posted on by The Editorial Team

DAKAR (Capital Markets in Africa) Sovereign wealth funds in Senegal and Mauritania can serve as tools for managing oil and gas revenues and promoting sustainable development. MSGBC Oil, Gas & Power 2023 conference – which is organized by Energy Capital & Power – will host panel discussions exploring the crucial role sovereign wealth funds can play in helping Senegal and Mauritania address inadequate investments in energy projects developments for energy security. With first oil and…

The role of financial institutions in increasing the pace and scale of Africa’s Renewable Energy Transition

Posted on by The Editorial Team

By James Agin – Executive – Corporate and Investment Banking Absa Bank Kenya The urgent need to combat climate change has thrust renewable energy into the global spotlight. As governments, businesses, and individuals grapple with the challenges of reducing carbon emissions, the role of financial institutions in supporting and propelling the renewable energy transition is becoming increasingly prominent. The financial services sector, with its financial power, extensive networks, and ability to drive systemic change, has…

The future of trade finance in sub-Saharan Africa amidst hard currency challenges

Posted on by The Editorial Team

PORT LOUIS (Capital Markets in Africa) – International Trade is conducted in the currencies of major economic powers, largely the US dollar, European Union Euro, Japanese Yen, Chinese Yuan, and UK Pound Sterling. Thus, these currencies clearly have a major impact on how trade is conducted across borders globally, including on the African continent. By the same token, it is important to note that a foreign currency shortage occurs when the demand for the currency…

Investors eye UK interest rate decision and lower China growth forecasts

Posted on by The Editorial Team

Susannah Streeter, head of money and markets, Hargreaves Lansdown: Investors are lacking Monday motivation today as caution returns amid worries about global growth, ahead of the Bank of England decision on interest rates and testimony from the world’s most influential central banker, the Fed’s Jerome Powell. European indices have opened lower with the FTSE 100 on the backfoot as investors mull what’s ahead for the path of interest rates, given the stubbornness of inflation, while…

African Development Bank fund approves grant for solar electricity

Posted on by The Editorial Team

ABIDJAN (Capital Markets in Africa) — The African Development Bank’s (www.AfDB.org) Urban and Municipal Development Fund (UMDF) (https://apo-opa.info/43CHYIN) has approved a grant of $485,000 for a solar electricity project in Namibia that will power some 50,000 households in the capital city. The “Informal Settlement Renewable Electrification and Upgrading Program” will directly benefit around 200,000 people in Windhoek, where around 20% of the population does not have electricity. The Urban and Municipal Development Fund helps governments…

USAID Commits $3 million to African Water Facility

Posted on by The Editorial Team

;AGOS (Capital Markets in Africa) – The United States Agency for International Development (USAID) (https://www.GlobalWaters.org/) has committed $3 million to the African Water Facility (AWF) (https://apo-opa.info/3JiWiOu). The funding will support the preparation of water and sanitation investment projects in Africa, through the provision of grants and technical assistance to African countries and regional economic communities. The African Water Facility, an initiative of the African Ministers Council on Water (AMCOW), is hosted by the African Development…

« 1 … 20 21 22 23 24 … 1,076 »