Investment | - Part 48

Africa’s Net capital inflows at $23bn in 2014

The United Nations estimated net capital inflows to African economies at $23.3bn in 2014, relative to net outflows of $24.2bn in 2013. Net flows to the region fluctuated significantly since 2005 as they reached $26bn in 2005, $109bn in 2006, $11.2bn in 2007, $52.1bn in 2008, $30.2bn in 2009, – $1.2bn in 2010, $20.9bn in 2011 and $60.8bn in 2012. Net private capital inflows to the region accounted for 13.6% of total net private inflows…

SA Mining urgently needs Investor-Friendly Guarantees Framework

Posted on by The Editorial Team

Cape Town, 11 February 2015: The positive message delivered by Mineral Resources Minister Ngoako Ramatlhodi to delegates at the Mining Indaba on Tuesday morning serves as a timeous reassurance to investors, but must urgently be followed by concrete interventions to provide guarantees that their investments will be safe and free from excessive interference into the future, says John Orford, Senior Portfolio Manager for Old Mutual Investment Group’s MacroSolutions boutique. In addition, investors will need to…

DAVOS: Energy high on the agenda of African policy makers

Posted on by The Editorial Team

The world economic forum is creating a working group of African leaders to build political momentum for a sustainable energy transition in Africa. Members of the group –to be known as AFRICAN ENERGY LEADERS GROUP, will come together to share insights and to enhance the overall capacity to build public-private partnerships, leverage political support and mobilize funds for sustainable energy and development initiatives on the continent.The Group noted at the inaugural Press Conference, the importance of…

AfricInvest exits stake UAP Holdings Kenya

Posted on by The Editorial Team

AfricInvest, a leading pan-African SME-focused private equity firm, is pleased to announce that its AfricInvest Fund II (“AFII”) and AfricInvest Financial Sector (“AFS”) Fund, along with two other investors, Aureos Africa Fund (managed by Abraaj) and Swedfund, entered into an agreement to sell their 37.3% collective stake in UAP Holdings Limited (“UAP”) to Old Mutual Holdings, a wholly-owned subsidiary of Old Mutual plc (“Old Mutual”) for KES 14.2 billion (approximately USD155.5 million). Old Mutual had…

Nigeria now most-watched frontier market

Posted on by The Editorial Team

Nigeria has solidified its title as the most-watched frontier market in the latest WSJ Frontiers/FSG Frontier Market Sentiment Index as an increasing proportion of multinationals put the country on their watch list for potential future investment. Nigeria has held the top spot since the index was launched in June 2014 despite having endured a rough ride for the past few months. Followed by Vietnam, Kenya, and Argentina, which all rank among the top 20, Nigeria…

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