Africa Finance Corporation and others Commit US$350m to Rwanda’s Power Projects

Africa Finance Corporation and others Commit US$350m to Rwanda’s Power Projects

LAGOS (Capital Markets in Africa)- A US$350 million deal to finance an 80 megawatt (MW) peat to power project in Rwanda, which will improve access to electricity for the three quarters of the country’s population that is currently off the grid, has reached financial close.   The power plant, which is expected to increase installed capacity in Rwanda by 40%, will utilise the Country’s significant peat reserves to improve the national installed generation capacity. Despite its…

Read More

Will Income Tax & Petrol Price Rises Trigger Debt Spirals in South Africa?

Will Income Tax & Petrol Price Rises Trigger Debt Spirals in South Africa?

Personal debt levels may have at long last begun to fall in South Africa, but future income tax and petrol price hikes have triggered fears that growing financial pressures on South African households could see this positive change reversed. What’s on the horizon? There are a number of upcoming financial challenges which may affect South African households in the coming year. This February, for instance, continuing fuel price rises are predicted to hit forecourts across…

Read More

Powerful Finance Tips To Help Lower Your Risk Of Going Into Debt

Powerful Finance Tips To Help Lower Your Risk Of Going Into Debt

Melbourne (Capital Markets in Africa) – For many businesses, especially young or growing businesses, the proverbial question is not how to grow or succeed, but how to avoid taking on risky debt in order to do so. In the long and storied history of finance, the concept of debt is relatively new. Many of the world’s largest and most successful firms were those that generated or held the most debts from others. Morgan and Baring,…

Read More

Why Investors Should Consider A “Private Equity Approach” To Africa

Why Investors Should Consider A “Private Equity Approach” To Africa

LAGOS (Capital Markets  Investors are desperately searching for new opportunities in order to counter the challenging current low-interest rate environment. For those who have turned to “frontier markets”—and particularly Africa—there has been something of a roller-coaster ride. In 2000, as the world entered the new millennium with great optimism, Africa was viewed with suspicion. It was even branded “the hopeless continent” by The Economist. And yet, between 2002 and 2008, the African stock markets enjoyed…

Read More

Will Nigerian Equity Markets Rebound in 2017?

Will Nigerian Equity Markets Rebound in 2017?

LAGOS (Capital Markets in Africa) – The equity market could be headed for another tough year with economic concerns surrounding FX and weak corporate earnings continue to downplay the attractive valuations of blue chip stocks. We reiterate the strong correlation of the Nigerian equity market to oil prices and with the price of Brent crude oil hovering around $55/bbl coming into 2017, we think losses will be less steep this year with the potential for…

Read More

Botswana Equity Markets: Where do Opportunities Lie

Botswana Equity Markets: Where do Opportunities Lie

GABORONE (Capital Markets in Africa) – The year 2017 is going to be a mixed bag on the Botswana Stock Exchange. The banking sector is likely to grow at a smaller pace mainly due to the tight economic situation mirrored by the low-interest rate environment (Bank rate 5.5%). Impairments are also likely to rise mainly led by the closure of some mines in the country. Already Stanchart and FNBB have issued cautionary statements as they expect an increase in impairments mainly due to…

Read More

Kenya Stock Markets: Identifying Opportunities in 2017

Kenya Stock Markets: Identifying Opportunities in 2017

NAIROBI (Capital Markets in Africa) – The Kenyan stock market is going through a hard-hitting period, one that has been prevalent for the last three years. In 2016, the stock market carried on its lackluster performance registering a 29.7% y/y drop in turnover to USD 1.5B for the second year running, having shed 2.9% y/y in 2015. Foreign investor participation remained dominant, averaging at 67.8% compared to 59.4% in 2015. The NSE 20 share index…

Read More
1 721 722 723 724 725 1,073