Bangladesh News

EFG Hermes eyes acquisition in Nigeria, Kenya brokerage licence

EFG Hermes eyes acquisition in Nigeria, Kenya brokerage license

Egypt’s EFG Hermes wants to enter Nigeria through an acquisition and expects to get regulatory approval to start a brokerage business in Kenya this year as part of a big push into frontier markets, a senior executive told Reuters last week.

Live music in Accra, Ghana

Why is Ghana 25 times more successful than Nigeria at attracting tourism revenues?

Tourism should be an easy win for emerging market (EM) and frontier market (FM) economies with weakened currencies, and cheap jet fuel; an opportunity that we think is being missed.

Facebook

Facebook launches "Facebook Lite" in 8 emerging markets, including Nigeria, South Africa, Sudan & Zimbabwe

Facebook has launched a new simplified version of its mobile app called Facebook Lite, and it’s targeted toward Android users in developing countries.

Vans at Idumota Market in Lagos Island, Nigeria

Fact of the Day: Nigeria is the world's most-watched frontier market

Nigeria has consolidated its position 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.

Workers assemble shirts in a garment factory in Hong Kong, China.

Asia garment industry faces Africa as emerging competitor

It was a turbulent year 2014 for Asia’s textile industry: Soaring labour wages in China, violent workers’ protests in Cambodia and collapsing factories in Bangladesh were just some of the bad news that made it into headlines.

Retail therapy: Consumers’ optimism can drive consumption, which drives growth.

Buoyant Frontier Economies Shrug Off Gloomy Global Mood

Slowing global growth in the first quarter of 2014 took a toll on people’s attitudes to their economies, a new study has shown.

Sev Vettivetpillai, Partner, Abraaj Group

Africa the big prize for Abraaj private equity group

After a deal-making spree in Africa in 2013 that included investments in Ghana, Cote d’Ivoire and Kenya, private equity group Abraaj is on track for an equally active 2014.

African Stock Markets

For rapid growth, Africa is the new China - Gavin Graham, Chief Strategy Officer, Integris Pension Management

Many strategists suggest investors forget about emerging markets for now and instead put money in developed economies like the United States and Europe.