The Editorial Team |

Nigeria’s Economic Recession Creates Opportunities in Real Estate

EXCLUSIVE INTERVIEW with Obinna Onunkwo, Managing Partner of Purple Capital Partners Limited, is a seasoned securities specialist with over 15 years of experience in investment management. He talks to Capital Markets in Africa about challenges and opportunities in Nigerian real estate markets. The perfect storm is brewed with the combination of an acute shortage of dollar inflows, the spectre of currency devaluation, increasing inflation and rising interest rates. How are developers and investors facing these challenges as well…

Francophone Africa: Reality and Opportunities in Real Estate

Posted on by The Editorial Team

ABIDJAN (Capital Markets in Africa) – Africa and its potential have been on every investor’s lips for some time now. This interest is especially relevant when strong trends are emerging across cities of Africa, whether French, English or Portuguese-speaking, including an emerging middle class and rapid urbanization. Early 2000, commodities-driven economies with impressive growth rates such as Nigeria and Angola were the first targets of international investors. However, with the recent fall in commodities price,…

Analysing the Impact of Nigeria’s Foreign Exchange Regulations

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – There have been a few of the adjectives that have been used to describe the recent foreign exchange (‘FX’) policies emanating from the Central Bank of Nigeria (CBN’) over the past 2 years and while opinion remains sharply divided it is clear that debate on these policies have assumed a life of their own. Unquestionably, the main statutory objectives of CBN’s exchange rate policy are to preserve the value…

Are African Markets Large and Instruments Mature Enough to Sustain CCPs?

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – Since the financial crisis, clearing houses – also known as central counterparties (CCPs) – have come to be seen as having a fundamental role in managing risk in financial markets. So far, Africa has lagged behind other regions in adopting CCPs. Do African markets need CCPs? The answer to this question depends on understanding more about the ways in which CCPs contribute to risk management and how much of…

Africa’s Central Banks Reaction Amid Inflation and Growth Concerns

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – Angola’s central bank left its benchmark BNA rate at 16.0% on 30th January 2017. The National Bank of Angola (BNA), which raised its rate 500 basis points last year – most recently in June – to curb inflation, added its monetary policy committee had also taken note of the trend of declining monetary indicators. Botswana’s central bank left its benchmark lending rate unchanged at 5.5% on 28th February 2017, saying…

Which Path Africa’s Inflation Rate is Taking in January?

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – Angola’s inflation slowed to 40.39% year-on-year in January from 41.95% in December, data from the national statistics agency showed. Prices increases on a month-on-month basis rose 2.29% in January compared to 2.17% previously. Botswana’s consumer inflation inched up to 3.1% year-on-year in January from 3.0% in December, data from the statistics office showed. Prices rose 0.4% month-on-month compared to 0.1% previously. Burundi’s year-on-year inflation jumped to 12.9% in January…

Tanzania central bank asks commercial banks to cut lending rates

Posted on by The Editorial Team

DAR ES SALAAM (Capital Markets in Africa) – Tanzania’s central bank has asked commercial banks to consider lowering their lending rates to help spark credit growth in east Africa’s second-largest economy. Bank of Tanzania cut its discount rate to 12 percent from 16 percent effectively from March 6, the first time it has lowered borrowing costs since 2013, after a steep drop in private-sector credit growth last year. There were expectations that the move “will enhance…

« 1 … 727 728 729 730 731 … 1,077 »