Browsing: africa investment

China's Race For African Resources and Global Dominance through the Belt & Road Initiative
  • China's ambition is to eclipse the United States as the leading economy in the world
  • The Belt and Road Initiative is China's idea to increase economic cooperation with countries along six economic corridors using resources which will be procured from Africa
  • Africa is not among the 6 corridors of the Belt & Road Initiative espoused by China but is the biggest if not the sole supplier of the basic resources necessary for the initiative to succeed
  • China has become a globally recognized military super power
  • China has the largest reserves of United States dollars of any country in the world.
  • Africa needs to become the 7th corridor of the Belt & Road Initiative
  • Africa's resources and China's nearly insatiable appetite for them present a golden opportunity for African countries to grow their economies and emerge out of poverty

China's President Xi Jinping's ambition is to make his country a superpower…

The case for investment in Africa is compelling. At no time before in history has the continent formerly and perhaps harshly referred to as the dark continent been so promising in terms of its economic potential.

The continent has been home to some of the fastest growing economies in the world. The continent according to research conducted by Standard Bank Group published in a report titled “Infrastructure Financing in Sub Saharan Africa for Institutional Investors”, states that in the last decade there have been 4 notable trends in Africa:
1. A larger, younger, and more affluent population
2. Africa’s transformational urban swell
3. Technological advances that have caused the continent to leapfrog
4. A deepening financial sector
These four trends have acted as structural drivers of Africa’s renewed economic promise. Over the last 10 year, specifically between 2010 and 2019 the collective economy of Africa grew by 55%. In monetary…

Emerging markets have become an asset class which investors need to consider to optimize their portfolios. In 2000 investment flows into the 30 markets characterized as emerging markets were at least US$ 250 billion. Institutional investors have been cited by Africa's largest banking groups as a critical component of the development of these emerging markets especially in terms of infrastructure development and funding. Investment in emerging markets has been driven primarily by the sluggish growth of the US and other advanced economies. These economies characterized as emerging economies have recorded impressive growth rates in their respective GDPs however deploying capital in them can be lucrative but also poses significant risks. One of the most poignant cases in point is that of Russia which is counted among the BRICS countries or emerging markets has in the space of being an investment darling to and investment pariah. The value of the currency

“Sokowatch started as this kind of backend brand. We wanted a brand that could be more front and centre for the African retailer and easily pronounced across all markets while reflecting our East African roots. So that’s why we’ve rebranded now to Wasoko, meaning ‘people of the market,” Yu said.

The seven-year-old company said this round of funding will go towards exploring expansion into Nigeria as well as Southern Africa while consolidating its position across its six current markets.

It will also make hires and expand its product offerings to point-of-sale merchant systems, bill payments and social commerce, verticals it might build in-house or back and acquire companies that provide such services.

The company also offers a buy now, pay later option for retailers who need working capital to order more goods. Buy now, pay later offerings are the latest trend for B2B retail and e-commerce companies. They see it …

Ratings agency pronouncements are important in that they determine the financial standing of a country in the markets. When a country has unfavourable ratings, it will find it difficult to borrow without paying high-interest rates.

Conversely, favourable ratings indicate a much more stable credit proposition which will enable a borrower to access funding at concessionary rates.

South Africa has received funding to the tune of tens of billions of Rand from developed countries. This financial package has been to assist the country in reducing its reliance on fossil fuels for its energy. The country received this money immediately after the COP 26 conference last year.…

Subscribe to unlock this article

Login to read this article for free and get 3 free premium articles. Subscribe today for unlimited premium articles and more.

Digital Subscription – Monthly

Monthly renewing
You can cancel anytime.

$5 /Monthly

Digital Subscription – Annually

Despite the effects of Covid-19 Africa remains the ripe land of opportunities and as the conversation about Investing in Africa is shifting from one of deficits and gaps to one about Opportunities, Prospects, Trends, Innovation and creativity, in the Companies and industries who have paid close attention to how business in Africa operates.

Africa continues to be the newest destination for emerging market investors and according to Eric Osiakwan, the managing partner at Chanzo Capital, half of the world’s fastest-growing economies have been in Africa, with Ghana and Ethiopia among the countries which showed a real GDP growth of 8 percent in 2018.

In an interview with this reporter at the Social House hotel in Lavington area of Nairobi, Eric Osiakwan a renowned tech investor and entrepreneur says that Investors seek out emerging markets for the prospect of high returns, as they often experience faster economic growth as measured …

A new report now indicates that women entrepreneurs and in the Middle East and Africa (MEA) are leading the way in tapping into the power of the digital economy to succeed and grow.

According to the inaugural Mastercard MEA SME Confidence Index, women-owned small and medium enterprises (SMEs) believe there are huge benefits of a cash-free economy to their businesses.

As such, 81 percent of the region’s women entrepreneurs have a digital presence for their businesses, compared to 68 percent of their male counterparts.

In terms of a digital footprint of the region’s women entrepreneurs, social media (71 percent) leads the way, followed by a company website (57 percent).

In the Middle East and North Africa, more women entrepreneurs had a website (71 percent) than a social media presence (55 percent).

It also found that over 80 percent of women entrepreneurs have digital readiness for their business compared to their …

The increasing emergence of modern logistic parks in Kenya has been mainly attributed to favorable tax laws, increased e-commerce, intra-regional trade, and growth across various sectors, including manufacturing, retail, and health.

This is according to a new report by Knight Frank which indicates that a couple of logistic projects commenced during the first half of the year.

For example in February, a beverage manufacturer and distributor Kenya Wine Agencies Limited (KWAL) broke ground on its Sh4 billion manufacturing plant located in Tatu Industrial Park in Ruiru.

In June Packaging products manufacturer Super Plastics announced plans to open a manufacturing facility in Tatu Industrial Park.

Africa Logistics Properties (ALP) broke ground in June on phases two, three, and four of its 1,076,390 sq. ft modern warehousing complex located in Tilisi Logistics Park in Limuru.

The Sh1 billion project is expected to be completed in the second half of 2022, Phase one …

Arise, an African investment company has acquired 34.9 per cent of Rabobank shares in the Dar es Salaam Stock Exchange (DSE) listed NMB Bank Plc. Notably, NMB is one of the largest and most successful banks in Tanzania.

The buyout actually took place late last year when on 28 December 2020, having been approved by the  Capital Market and Securities Authority (CMSA) in Tanzania for the transfer of 174,500,000 NMB Bank Plc shares owned by Rabobank to Arise.

The share transfer process was completed on 31 December 2020.

According to Arise Chief Executive Officer, Mr Deepak Malik the conclusion of the share transfer is a significant milestone for the company which partners with sustainable, locally owned financial services providers in Sub -Saharan Africa.

“The organization’s core mandate is to partner with local sustainable financial institutions to strengthen and develop effective, inclusive financial systems in Africa to contribute to economic growth …