In Sub-Saharan Africa, private equity funds offer investors access to competitively priced assets that have strong growth potential in a region where stock exchanges are still developing.
The sorry state of South African governance may be dominating headlines, but a closer inspection of Africa’s financial news reveals a heartening trend in the continent’s frontier economies.
First-quarter sales rose 7.1 percent boosted by Nigeria and Iran. Carrier still has ‘work to do’ to meet full-year targets
Botswana is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2016 by Quantum Global’s independent research arm, Quantum Global Research Lab.
East African property markets have demonstrated desirable levels of resilience over the past few years.
With a track record exhibiting profound resilience and foresight, it comes as no surprise that Dangote Group and its Founder and CEO, Aliko Dangote, are ardent on building the multinational conglomerate into a $100 billion market capitalization business.
Abraaj Group, the private equity firm that invests across emerging markets, is interested in buying a stake in Barclays Plc’s South African business.
It has long been known that e-health has tremendous potential to make the delivery of healthcare in Africa more efficient. It is now becoming clear that this will be in the diagnostics space.
Coca-Cola Co. will pay $3.15 billion to buy Anheuser-Busch InBev NV out of an African bottling joint venture after the Budweiser brewer’s takeover of the U.S. beverage company’s partner in the region.
Africa’s largest fiber network will be formed as Liquid Telecom buys South African converged network operator Neotel.
Between 2010 and 2016 H1, there were 277 reported private equity deals in Southern Africa totaling $3.5 billion.
Tanzania expects to begin importing electricity from Ethiopia in 2019 when the eastern African nations complete interconnection grids currently to form a regional power pool.
Debt capital markets across Africa’s sub-regions have remained robust despite the macroeconomic and political challenges presented.
In Zambia, one of their blogs is the undisputed arbiter of style. In South Africa, one of their apps is the gateway to private beaches and pop-up dining.
While on a road show for US clients, Bryan Leith, chief operating officer of KPMG’s global Africa practice, sat down with Global Finance to discuss the continent’s economic prospects.
Retail in Kenya is dominated by informal sellers, but recent years have seen a boom in modern trade, with home-grown supermarket chains expanding their footprint and international brands (such as Carrefour and Massmart’s Game banner) entering the market.
Sub-Saharan Africa is a diverse region that presents risks, challenges and opportunities for the insurance industry. No “one-size-fits-all” approach is likely to succeed across individual markets and countries.
Visualizations of Real GDP Growth Rates of Countries in Africa (Interactive Map & Chart) from 2007 – 2017.
The last mapping exercise done by the World Bank in September 2015 listed less than 120 tech hubs in Africa. As of July 2016, GSMA’s research suggests there are 314 active tech hubs in Africa.
A new development-finance venture that will control banking and other assets worth more than $660 million across sub-Saharan Africa plans to hire as many as 20 people including analysts to manage its investments and help it spend another $300 million on acquisitions.
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.
At the end of 2015, 46% of the population in Africa subscribed to mobile services, equivalent to more than half a billion people. The region’s three dominant markets – Egypt, Nigeria and South Africa – together accounted for around a third of the region’s total subscriber base.
The now infamous memoir, In Congo’s Shadow by Scottish actress Louise Linton, is no longer for sale.
Novare Africa Property Fund II, the fund with a mandate to invest in retail and commercial real estate in sub-Saharan Africa outside of South Africa, has announced its final close at the end of June 2016.
If there is one media narrative about Africa that refuses to be squashed, it’s the White-Savior-in-Africa bug.
Western writer sparks social media storm over book outlining her experiences of war, spiders and ‘smiling children with HIV’.
On Friday, The Telegraph ran what has to be the dumbest, most egregious piece of writing on Africa of the 21st century.
In 2010 the McKinsey Global Institute (MGI) described the potential and progress of African economies as “lions on the move”.
MTN’s new chief executive Rob Shuter has been brought in to boost profits at Africa’s biggest mobile phone group after a $1.7 billion fine in Nigeria, by persuading its 200 million clients to use their handsets to store money and pay bills.
FastJet has hired Nico Bezuidenhout, CEO of Mango Airlines, South African Airways’ low cost unit, as CEO to help revive the U.K. discount airline following a plunge in its share price and an escalating spat with a top investor.
The former Nigeria and Togo manager, who died on Tuesday evening aged just 54, was, at the international level, the finest African coach of his generation.
Kenya and Tanzania have long competed to have the most important port in East Africa and their rivalry is about to become more intense as they compete for the region’s business.
General Electric Africa (GE), Mara Group and Atlas Merchant Capital have partnered to help address infrastructure challenges in Africa through investments in equity projects.
The future looks bright for air travel across Africa. It’s predicted that by 2034, 190 million more flights segments will be flown across the continent.
United Bank for Africa (UBA) plans to increase its presence in Africa outside Nigeria to 25 countries from 18 now and inject capital into its subsidiaries in Kenya, Tanzania and Uganda, its chairman said on Tuesday.
The Nigerian writer and satirist on his first novel, Born on a Tuesday, a study of a young man caught up in Islamic fundamentalism.