The Markets

LONDON, Capital Markets in Africa –  With the Israel-Iran conflict intensifying, there’s wariness at the start of the week as dangerous geopolitics stay front of mind. However, stronger data from China, indicating growing consumer confidence is helping to provide some optimism. There are worries that the attacks from Iran and Israel could ignite a wider conflict, destabilising the Middle East and affecting oil supplies. BP and Shell are among the gainers in early trade, off…

The majority (87%) of Africans living and working in the UK have been turned down for a mortgage because of circumstances relating to the fact that they are a foreign national, according to research of 500 UK-based African diaspora by specialist lender Afin Bank.  The research found the main reasons African borrowers were refused a mortgage included:  Almost half (48%) said they were turned down because of their visa status Two out of five (41%)…

London (Capital Markets in Africa): The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, has successfully raised $325 million in new debt facilities, bringing recent commitments to $620 million and exceeding the Fund’s $500 million target ahead of schedule. The debt raise cements EAAIF’s position as the go-to partner for investors to access scalable, and untapped opportunities in the emerging market infrastructure debt asset class, through…