HSBC News

Attaendees at a Speed Meet Africa event discuss new opportunities

Goodbye Europe, Hello Africa: Frances Mensah Williams, Managing Editor, ReConnect Africa

When Ernestina Ellen Boadi resigned from her job as an Events Management Executive in London, it wasn’t because she planned to switch to a better job in the city.

Profits and pitfalls on the private equity path into Africa: Hurley Doddy, Co-Founder, Managing Director & Co-CEO of Emerging Capital Partners

Profits and pitfalls on the private equity path into Africa: Hurley Doddy, Founding Partner, Emerging Capital Partners

Africa is home to some of the world’s fastest growing economies and an increasing number of investors believe private equity could prove an effective way in.

JPMorgan hires HSBC trader Lebogang Moropa to start up South Africa prime brokerage business

JPMorgan hires HSBC trader Lebogang Moropa to start up South Africa prime brokerage business

JPMorgan Chase & Co. rehired a trader from HSBC Holdings Plc as the biggest U.S. bank sets up prime brokerage operations in South Africa for the first time.

Central Bank of Nigeria sees pressure on Naira easing after vote

Central Bank of Nigeria sees pressure on Naira easing after vote

Portfolio inflows to Nigeria jumped since last month’s presidential elections, easing pressure on the currency of Africa’s biggest oil producer, according to the central bank.

Solar Farm

Private equity firm Actis to set up $1.9B pan-African renewable energy business

Actis, the UK-listed private equity group, is to set up a $1.9bn renewable energy business in Africa, in an attempt to tap the continent’s resources and meet its growing demand for electricity.

The Johannesburg Stock Exchange (JSE)

Africa: Now a major player in emerging markets financial services

The Africa Finance & Investment Forum 2014 represented something of a landmark for the oldest continent and its plans for the future. Held in Cologne, it was the first such conference to be held in Germany, Europe’s economic motor and a strategic partner in several African ventures.

Lesetja Kganyago, Deputy Governor of the South African Reserve Bank

Lesetja Kganyago appointed new governor of South African Reserve Bank (SARB)

The South African rand has been on the up all day.

Udayan Goyal, Founder and Managing Partner at Anthemis Group

Apis Partners launches private equity growth fund to invest in financial technology in Africa and Asia

Strong appetite for investments in financial technology has prompted the launch of a private equity firm dedicated to the sector in emerging markets.