SA is not Alone, Africa has a Plethora of Countries that have Junk Status, here’s the List…
South Africa is among a plethora of countries on the continent whose long-term foreign currency credit rating is rated junk by S&P Global Ratings whilst Botswana is the only country with a very strong investment grade. According to the table... Read More →
Tunis Equity Firm Seeks to Raise Sh22bn to Invest in Africa Banks
Tunis-based private equity fund AfricInvest is targeting to raise €200 million (Sh21.8 billion) through a new fund that will invest in Africa’s banks. The PE firm, which invested in and exited Kenya’s Family Bank, says it has launched the AFSH... Read More →
AFDB Discloses a $12bn Power Plan for Africa
The African Development Bank (AFDB) has unveiled plan to invest $12 billion over the next five years under its new electrification programme. The fund will support its New Deal on energy for Africa which aims to achieve universal access to... Read More →
Why Invest in Africa? The Big Picture
While the last couple of years have been tough for African equities and currencies, we believe the long-term case for investing in Africa remains intact. The worst commodities bust in a generation, the strengthening of the U.S. dollar and indigestion... Read More →