Features

KINSHASA (Capital Markets in Africa) – Democratic Republic of Congo opposition leader Moise Katumbiabandoned plans to fly back to the country and will instead attempt to enter by land after the government said a warrant for his arrest had been issued. Katumbi, 53, is trying to return to the central African nation after two years in exile to register as a candidate in presidential elections scheduled for Dec. 23. He was convicted in absentia in 2016…

Africa is a buoyant continent which is rising, however, it suffers from large gaps in infrastructure and public finance, and on its own will not be able to fill these gaps. As an example, 35% of the population in Sub-Saharan Africa don’t have access to electricity. Private investments in the form of Private Equity are helping the continent to bridge these gaps to provide people with access to basic infrastructure needs. Those Private Equity firms…

KINSHASA (Capital Markets in Africa) – Opposition leader Jean-Pierre Bemba returned to the Democratic Republic of Congo to prepare his latest bid for the presidency, after spending the past 10 years in prison. A former vice president, Bemba is one of four key opposition figures expected to register to compete in elections scheduled for December. He was acquitted of war crimes in the International Criminal Court in June and released after a decade of detention in The…

LAGOS (Capital Markets in Africa) – Nigerian leader Muhammadu Buhari lost a key supporter in his northern stronghold, a day after the senate president walked out of the ruling party amid a wave of defections to a swelling opposition movement ahead of elections in February. The governor of north western Sokoto state, Aminu Tambuwal, left the All Progressives Congress to join the People’s Democratic Party, which ruled Nigeria for 16 years until Buhari’s 2015 win, the governor’s…