Namibia News

Spotlight on Southern Africa Private Equity: African Private Equity and Venture Capital Association (AVCA)

Spotlight on Southern Africa Private Equity (Report & Infographic): African Private Equity and Venture Capital Association (AVCA)

Between 2010 and 2016 H1, there were 277 reported private equity deals in Southern Africa totaling $3.5 billion.

Zoya Sisulu, ‎Head of Debt Primary Markets, South Africa, Standard Bank. Credit: Business Day (South Africa)

African debt capital markets resilient in face of growth challenges

Debt capital markets across Africa’s sub-regions have remained robust despite the macroeconomic and political challenges presented.

Africa Digital Market Outlook

Fact of the Day: Africa to pass 1 billion mobile subscriptions by end of 2016, says Ovum (Infographic)

Africa is expected to cross 1 billion mobile subscriptions in the fourth quarter of 2016, reaching 1.02 billion by year-end, according to global advisory firm Ovum.

Real GDP Growth Rates (2007 - 2017) of Countries in Africa (Interactive Map & Chart)

Real GDP Growth Rates (2007 - 2017) of Countries in Africa (Interactive Map & Chart)

Visualizations of Real GDP Growth Rates of Countries in Africa (Interactive Map & Chart) from 2007 – 2017.

Africa attractiveness program 2016: EY

Africa attractiveness program 2016: EY (Infographics & Reports)

We are at an inflection point in terms of the structural evolution of most African economies. Decisions made and actions taken now will determine, which of these economies consolidate the gains made over the past decade as a platform for sustainable growth in coming decades.

Cape Town, South Africa. Photograph: Eric Nathan/Alamy

A New Map for Business in Africa

Only a few years ago, Africa was being dubbed “the next Asia,” and multinationals watched with mounting interest as local economies boomed across the continent.

3 reasons things are looking up for African economies: McKinsey & World Economic Forum

3 reasons things are looking up for African economies: McKinsey & World Economic Forum

In 2010 the McKinsey Global Institute (MGI) described the potential and progress of African economies as “lions on the move”.

South African supermarket chain Pick n Pay to partner with AG Leventis in Nigeria expansion move

South African supermarket chain Pick n Pay to partner with AG Leventis in Nigeria expansion move

South African supermarket operator Pick n Pay plans to expand into Nigeria next year through a partnership with a local conglomerate, as it seeks to reduce its reliance on its home market, it said on Tuesday.

The Landmark Centre, Lagos, Nigeria

Vantage Capital commits $20 million to leading Nigerian property development company Landmark Africa

Vantage Capital, Africa’s largest mezzanine fund manager, announced on Wednesday that it has committed $20 million to Landmark Africa, one of Nigeria’s leading property developers.

Shop Africa 2016: Knight Frank

Shop Africa 2016 (Report & Infographics): Knight Frank

Sub-Saharan Africa is experiencing a wave of modern shopping mall development. The retail sector has become a major focus for development activity in recent years, as investors have been attracted by the growth potential of African consumer markets.

African IPOs Set to Double Capital Raised in 2016 - Baker & McKenzie

African IPOs Set to Double Capital Raised in 2016: Baker & McKenzie (Infographics)

Africa’s equity capital markets are set for a strong 2016 following a reasonable 2015 despite commodity price falls and capital flight from emerging markets hitting the continent’s major economies.

Uber basks in phenomenal South Africa growth

Uber basks in phenomenal South Africa growth (Infographic)

On-demand driving service Uber has seen phenomenal growth since launching in South Africa in 2013.

Sub-Saharan Africa's most and least resilient economies

Sub-Saharan Africa's most and least resilient economies (Infographics): Anna Rosenberg, Head, Sub-Saharan Africa Research, Frontier Strategy Group

While SSA was predicted to grow above 5% year-over-year in 2015 at the beginning of the year, actual GDP growth is more likely to come in at around 3–4% year-over-year.

Eazi Group

Ethos Private Equity pays $97M for control of South African equipment company Eazi Group

Ethos Private Equity Ltd. bought a 65 percent stake in South African equipment rental and sales company Eazi Group Ltd. for 1.6 billion rand ($97 million) in the fifth private-equity investment by its Ethos Fund VI in the past year.

Koeberg Nuclear Power Station in South Africa is the only nuclear power plant on the African continent.

Nuclear and renewables: South Africa's ambitious new energy mix (Video)

Heavily reliant on coal-fired electricity, South Africa is launching ambitious new projects aimed at diversifying its energy sources and avoiding power cuts.

South Africa's largest REIT Growthpoint joins forces with Investec and IFC to invest in African real estate

South Africa's largest REIT Growthpoint joins forces with Investec and IFC to invest in African real estate

Growthpoint Properties, South Africa’s largest REIT and a JSE ALSI Top 40 Index company, has entered a joint venture with Investec Asset Management, in partnership with the International Finance Corporation (IFC), to make real estate investments in several African markets outside of South Africa.

African Markets Guide 2015: Barclays

African Markets Guide 2015: Barclays (Report)

African credit markets have continued to grow at a rapid pace, while rising debt and falling commodity prices have put pressure on fundamentals. The recent high correlation of African spreads to global EM credit markets has challenged the thesis that Africa offers diversification, but the meaningful intra-regional dispersion offers opportunities, in our view.

Africa Exchange Guide 2015 - African Alliance

Africa Exchange Guide 2015: African Alliance Capital Markets (Presentation)

Here is general information on exchanges across Africa, including: currencies, time zones, trading hours, open days, market operation, settlement, trading lot sizes, public holidays, monetary policy, taxation & indices. The guide was compiled by African Alliance.

Compelling investment markets in Africa. Credit: sc.com

Compelling investment markets in Africa - Inside Riscura's Bright Africa 2015 Report: Debbie O’Hanlon, Senior Analyst, RisCura (Infographics)

Africa is not a single investment destination with a single set of standardized risk factors and homogenous potential for reward.

Hennie Heymans, incoming Managing Director, DHL Express Sub-Saharan Africa

DHL Express appoints Hennie Heymans as Managing Director for Sub-Saharan Africa

Hennie Heymans, currently Managing Director of DHL Express South Africa, has been appointed as Managing Director of DHL Express Sub-Saharan Africa.

Rendering of Le Grand Marche de Libreville, Gabon

The 2015 African Retail Development Index (Infographics, Video & Report): AT Kearney

Africa’s landscape is changing. As economies rise and a shopping culture emerges, the retail opportunity is greater than ever before.

African Development Bank announces expansion of its African Bond Index

African Development Bank announces expansion of its African Bond Index

The African Development Bank (AfDB) through the African Financial Markets Initiative (AFMI) launched its AfDB/ AFMISM Bloomberg® African Bond Index (ABABI) in February 2015.

Africa Report 2015 - Real Estate Markets in a Continent of Growth and Opportunity - Knight Frank

Africa Report 2015 - Real Estate Markets in a Continent of Growth and Opportunity: Knight Frank (Infographics & Report)

The Africa Report is a unique and market-leading publication which draws on the expertise of Knight Frank’s unrivalled network of property professionals in Africa. The report presents a wealth of material highlighting the growth of Africa’s economies, cities and real estate markets.

Mac Maharaj in Durban, June 2015

Full transcript: FT interview with Mac Maharaj on Mandela, Zuma and South Africa

The following is a transcript of a wide-ranging interview between Alec Russell, News Editor of the Financial Times, and Mac Maharaj, former confidant of Nelson Mandela and until recently the spin-doctor of President Jacob Zuma.

Africa Asset Management 2020 - PwC

Africa Asset Management 2020: PwC (Infographics & Report)

Africa presents an exciting opportunity: As wealth continues to increase, more domestic investors emerge, while improvements in regulatory frameworks are enticing foreign investment and distribution.

Africa’s millionaires are in Nigeria, Egypt, South Africa with some in Kenya too

Africa's millionaires are in Nigeria, Egypt, South Africa with some in Kenya too (Infographics)

It’s beginning to sound like a broken record, but the Africa rising mantra increasingly rings true.

Under the deal, Diageo is selling a 42% stake in DHN Drinks Ltd. and a 15% stake in Namibia Breweries to Heineken. Photographer: Adam Berry/Bloomberg

Diageo Dissolves Heineken Venture to Go Solo in South Africa

Diageo Plc said it’s dissolving a joint venture with Heineken NV in South Africa and neighboring Namibia three years earlier than planned so the world’s largest distiller can fully own its operations in those countries.

In November of last year, French insurer AXA bought control of Nigeria's fourth-largest insurer, Mansard Insurance.

Africa: A growing insurance market

Low penetration across most African markets spell many opportunities for insurers, but success will depend on their ability to devise strategies to expand their foothold in a continent of 54 immensely diverse economies.

Luanda, Angola’s capital city. Angola is rich in national resources, particularly oil and gas.

Angola's capital Luanda remains 'most expensive city' for expats in Mercer's 2015 Cost of Living ranking

The Angolan capital, Luanda, remains the world’s most expensive city for expatriates, according to an annual survey by consultancy Mercer.

Jeff Immelt, Chairman & CEO, GE

Accelerating South Africa's economic transformation: Jeff Immelt, Chairman & CEO, GE

Most people do not realize that the General Electric Company first came to South Africa in 1898—it was among our first offices overseas. For a brief period, and as part of the global effort to end apartheid, we left the country.

Bisi Lamikanra, Partner & Head of Management Consulting, KPMG Nigeria

How the finance sector can drive Africa's economic growth: Bisi Lamikanra, Partner, KPMG Nigeria

The rise of Africa’s financial services sector in recent years has been remarkable.

Sun City, South Africa

The top 10 most tourism-ready countries in Sub-Saharan Africa (Infographic)

Check out an infographic of the top 10 most tourism-ready countries in Sub-Saharan Africa.

Real estate: Building the future of Africa - PwC (Report)

Real estate: Building the future of Africa - PwC (Report)

Africa’s young population will drive the demand for real estate and different types of real estate. Across Africa there will be continued urbanisation, an expansion of current cities and the rise of new cities.

Johannesburg Stock Exchange (JSE)

Stock exchanges in South Africa, Kenya, and Nigeria plan more ETF cross-listings

South Africa, Nigeria and Kenya are planning to cross-list more exchange-traded funds on their stock markets to boost liquidity of the securities, according to the Johannesburg Stock Exchange.

Oceana's Lucky Star canned fish is one of the most loved brands in South Africa.

Oceana of South Africa to buy US fishery Daybrook in $382M deal

Oceana Group Ltd., South Africa’s largest fishing company, said it plans to buy Daybrook Fisheries, the U.S.’s second-biggest processor of Gulf menhaden fish, for $382 million.

Equipment at a Main One facility in Lagos, Nigeria. African pension funds are increasingly investing in infrastructure projects. Jason Andrew for The Wall Street Journal

African pension funds ramp up investments in African infrastructure projects

The fiber optic MainOne Cable that entrepreneur, Funke Opeke, laid along the Atlantic seabed from Europe has helped boost the availability of internet services in Nigeria.

Marek Zmyslowski, Managing Director, Jovago

Why you should take chances: Marek Zmyslowski, Managing Director of top African hotel booking website Jovago (Video)

Marek Zmyslowski is the CEO and Managing Director of Lagos-based Jovago. Jovago is an online marketplace that connects travellers across Africa with hotels. Jovago enables customers to secure hotel rooms through an online platform that is faster, cheaper, and easier than the alternative of making a phone call.

A man hold a placard, center, reading 'Africa is all for Africans' prior to a march against immigrant attacks in South Africa, in Cape Town, South Africa, Wednesday, April 22, 2015. Police and soldiers officers raided a hostel considered a hotspot for anti-immigrant attacks in downtown Johannesburg as Sosuth Africa continued a crackdown in xenophobic violence. (AP Photo/Schalk van Zuydam)

South Africa's image suffers after anti-immigrant attacks

Only a few kilometers (miles) separate Alexandra, a gritty Johannesburg township where South Africans attacked immigrants last week, from Sandton, a district jammed with high-end stores, restaurants and gleaming office towers symbolizing the upper reaches of the prosperity that attracted so many job-seekers to South Africa.

South African mercenaries are reportedly operating in Nigeria's remote north-east, fighting the Boko Haram insurgents.

Mercenaries in Africa: South Africa struggles in vain to ban soldiers of fortune

During the 1980s, Leon Lotz fought for the “Koevoet” (“crowbar” in Afrikaans), a South African apartheid-era paramilitary unit charged with rooting out nationalist guerrillas in what is now Namibia — acting as “the crowbar which prises terrorists out of the bushveld like nails from rotten wood,” in the words of South Africa’s then minister of law and order, Louis le Grange.

FastJet

FastJet seeks South African investors to fund growth in bid to become the "first pan-African discount airline"

FastJet Plc is approaching potential South African investors about buying stakes to finance a route expansion in the east and south of the continent and support its effort to become the first pan-African discount airline.

Listing in Africa - Extractive Industries - KPMG

Listing on African Stock Exchanges - Extractive Industries: KPMG (Report)

The recent lack of growth in the developed markets coupled with perceived improvements in political and macroeconomic stability, policy certainty, and legal systems in many African countries, as well as Africa’s growing middle class and rise in consumption is leading to increasing interest by foreign companies and institutions in Africa as an investment destination.

Mo Ibrahim, who started a foundation that bears his name, says his Index of African Governance gives investors the facts to make smart choices among diverse countries. Photograph by Mathias Braschler and Monika Fischer

Billionaire Mo Ibrahim Defies African 'Basket Case' Clichés

Mo Ibrahim, a Sudanese-born billionaire philanthropist, says the Ebola outbreak in West Africa has once again painted the entire continent as a disaster zone.