Finance | - Part 90

ARM Kenya in Talks to Hire New CEO as Management Reorganized

NAIROBI (Capital Markets in Africa) – ARM Cement Ltd., a debt-laden Kenyan manufacturer of the building material, said it’s identified a potential new chief executive officer as it named a former director of rival Lafarge Africa Plc among new board members. The management shake-up comes 10 months after ARM began a search for a strategic investor. The company is struggling under the weight of debt that ballooned to 14.4 billion Kenya shillings ($142.9 million) last…

Investment in Malawi: Emerging Opportunities

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) –What investment opportunities are there in a land that extends to 118 484 sq. km in size with a population size of 17.2 million? The answer is that there are many investment opportunities! And the economic environment has so far been supportive of investments in Malawi. In 2017 for example, Real GDP growth came at 5.1% and is projected to slow down to 4.0% in 2018 due to challenges in…

Achieving Growth in Africa: The Challenges and How Trade and Trade Finance Can Help

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – It has been a difficult time economically for much of Africa over the last few years resulting in, with some exceptions, economic growth that has not lived up to hope or expectation. The reasons for this are many and diverse, differing from country to country and this article will be looking at some of the main challenges facing the continent and attempting to show how trade and trade finance…

Mauritius As an Investment Hub For African

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LAGOS (Capital Markets in Africa) – What role can Mauritius play as an investment hub for Africa, at a time where the continent continues to face financing gaps when it comes to the future development of its infrastructure? Energy projects are currently consuming around 60% of African infrastructure investment, and there continues to be significant demand for public and private investment to address the water supply, sanitation and ICT amongst others. It has been estimated…

Investment in Zambia: Emerging Opportunities

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LAGOS (Capital Markets in Africa) – Zambia’s economy has experienced a turnaround following the recovery of commodity prices (especially copper), better rainfall resulting in greater agricultural and hydroelectricity output, strong central bank measures to stabilize the economy, and robust pro-business fiscal policies. Specifically, copper has risen from US$5,000/tonne to over US$7,000/tonne, the Bank of Zambia has lowered the policy rate from 15.5% to 9.75%, and government has removed fuel subsidies and increased electricity tariffs. Consequently,…

The Development of Capital Markets in Sub-Saharan African From an Insurance Perspective

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LAGOS (Capital Markets in Africa) – When we talk about growth in Africa and all its opportunities and challenges, we probably do not relate this to insurance. When I think back to my old days at school, insurance was something for risk-averse people and probably had little to contribute to growth and development. This article argues that the impact of insurance on growth is indeed significant, but that this impact could be even stronger if…

Shell Sees Gas as Answer in Nigeria After Decades of Oil Strife

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LAGOS (Capital Markets in Africa) – After decades of difficulties in Nigeria over crude theft, pollution and oil-related corruption, Royal Dutch Shell Plc still feels optimistic a fossil fuel can improve life in the country. The Anglo-Dutch oil major is seeking to develop Nigeria’s domestic energy market around natural gas. It’s plentiful, harder to steal, better for the environment and can underpin a robust industrial sector that could potentially employ thousands, according to Ed Ubong, the managing director of Shell…

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