Nairobi, Kenya, February 20, 2020/ — Corporate Council on Africa (CCA) in partnership with Kenya Private Sector Alliance (KEPSA) hosted a roundtable discussion with Kenyan and U.S. business leaders and government officials to explore how the private sector can support this bilateral effort and take full advantage of investment and trade opportunities that will arise […]
Category: Investing
African Countries Aren’t Borrowing Too Much: They’re Paying Too Much for Debt
Ethiopia’s economic growth hovered between 8%-11% for over 10 years but its sovereign credit rating has not been upgraded Shutterstock Misheck Mutize, University of Cape Town February 20, 2020//-There is renewed concern about the sustainability of rising debt levels in many African countries. Much of this debt is being incurred through foreign currency denominated Eurobonds […]
ECP Signs Offer to Acquire Burger King South Africa from GPI
Cape Town, South Africa, February 20, 2020//-Emerging Capital Partners (ECP), a leading African private equity firm, has signed a binding offer with Grand Parade Investments (GPI) to acquire Burger King South Africa.
Ghana: Spend Borrowed Money Wisely, Dr Omane Boamah Advises Gov’t
Accra, Ghana, February 19, 2020//-Former Minister for Communications & Presidential Spokesperson, Dr Edward Kofi Omane Boamah has advised the government to spend its multi-billion dollar borrowed money wisely in productive sectors rather than spending in consumables.
Ghana: Gov’t Trapped Into Over $100M Possible Judgment Debt
Accra, Ghana, February 18, 2020//-Government is trapped into a judgment debt or payment of compensation conundrum ranging from $90 million to about $120 million.
Global Investors Look to Diversify Portfolios Amid Coronavirus Crisis
February 18, 2020//-The outbreak of the coronavirus, coupled with record valuations in equity markets, has triggered a global sell-off of high-risk investments and a significant shift in sentiment among global investors.
Coronavirus: The Blow to the Chinese Economy Could be Felt for Years
Chusu He, Coventry University February 18, 2020//-Investors are still being fairly complacent about the novel coronavirus. After the number of new daily cases suddenly shot up to more than 15,000 on February 12 following more than a week of decline, there were some jitters in the markets.
World Leaders, CEOs to Make Global Push for Sustainable Investment
February 17, 2020//-Government leaders, global CEOs and other investment stakeholders will step up efforts to promote investment for sustainable development at the 7th biennial UNCTAD World Investment Forum (WIF) and the first-ever Asian E-Commerce Week to be held in Abu Dhabi from 6 to 10 December this year.
Top 5 Richest Men in 20th Century Worth 3 Times More Than Today’s Top 5 Billionaires
February 17, 2020//-Data gathered and calculated by Learnbonds.com indicates that the top five richest people of the 20th currently have a combined net worth of $1.62 trillion.
Ignoring Alternative Solutions to Banking Sector Cleanup Hurting Ghana’s Economy
Accra, Ghana, February 14, 2020//-Seasoned Ghanaian economic analyst says the decision by the fiscal and monetary policy authorities to ignore alternative solutions to the banking sector cleanup is hurting the Ghanaian economy.