2014

Sub-Saharan Africa: Mind The Gap

REGIONAL FOCUS By Dan Keeler Perceptions of poverty and corruption have long dogged sub-Saharan African countries looking for investment. But as growing interest in Africa’s economies has morphed into a frenzy of investment, a new perception gap is appearing. Sub-Saharan ...

2013

Africa Auditions For A Leading Role

ANNUAL SUPPLEMENT: AFRICA 2013 With a stunning twist of fate, companies that are looking for a refuge from the turmoil of recent years in developed markets are turning their attention to the continent that for much of the past century ...

North Africa: Trading In Stability

ANNUAL SUPPLEMENT: AFRICA 2013 By Dan Keeler Developed-markets watchers hope tightening trade ties and increasing foreign direct investment will help ease tensions in North Africa. Two years after the Arab Spring swept through North Africa and beyond, toppling entrenched regimes ...

Africa's Infrastructure: Power To The People

ANNUAL SUPPLEMENT: AFRICA 2013 By Dan Keeler Innovative financing techniques and growing investor sophistication are prompting a surge of interest in sub-Saharan infrastructure projects. Sub-Saharan Africa is rapidly turning into the growth and investment story of the decade. With a ...

Frontier Markets Report: Ecuador

WAIT AND SEE By Dan Keeler As it tries to establish a new model for economic development, Ecuador presents a challenge for companies considering investing there. Ecuador presents inward investors with a conundrum. The country is politically stable, but its ...

THE OIL AND GAS WINDFALL

East Africa is a hotbed of new oil and natural gas finds. Most countries are taking a slow and measured approach to developing their resource boon, but will they avoid the resource curse that plagued many early-developers?

Frontier Markets Focus: Panama

MEETING POINT By Dan Keeler Panama is working hard to become the dominant corporate hub in Central America. With its stable and open economy and its uniquely favorable location as the bridge between North and South America, Panama has long ...

Frontier Markets: Namibia

RISING STAR By Dan Keeler Namibia’s fortunes may be about to change dramatically. Sandwiched between regional titans South Africa and Angola, Namibia is better known for its colossal sand dunes and the jagged carcasses of ships that have foundered on ...

Newsmakers: Peaceful Election Sets Stage For Investment Bonanza

NEWSMAKERS: KENYA By Dan Keeler Kenya appears set to reap a substantial investment dividend in the wake of its largely peaceful presidential election held in early March. Kenyatta beats his rivals Analysts believe that portfolio flows and foreign direct investment ...

Frontier Markets Report: Bangladesh

PRIME PROSPECT By Dan Keeler Companies that ignore Bangladesh may be missing a key investment opportunity. Photo Credits: FRITZ16 / Shutterstock.com Often portrayed in the media as a basket case that lurches from one natural disaster to another, Bangladesh is ...

Country Report: Angola

UP AND RUNNING By Dan Keeler Having regained its footing in the wake of the financial crisis, Angola is now looking to erect a fairer, more balanced economy. As it continues to rebuild its economy and society in the wake ...

Frontier Markets Report: Ghana

STAKING ITS CLAIM By Dan Keeler A history of stability, a growing middle class and a rapidly expanding economy are among the key assets of this West African gem. Photo Credits: REUTERS / YAW BIBINI Ghana has long been considered ...

Frontier Markets Networking Event

LOCATION | NEW YORK CITY To celebrate the launch of its new monthly section on Frontier Markets, Global Finance held a networking event in January at the Harvard Club in New York. Frontier markets specialists and investors from around the ...

Frontier Markets Focus

WORLD OF OPPORTUNITY By Dan Keeler In a new monthly feature, Global Finance delves deep into the opportunities in frontier markets. With youthful populations, underutilized natural resources and eagerness to join the global economic community, the world’s frontier markets are ...

2012

Roundtable: Turkey Banking And Finance

AN INVESTMENT-GRADE STORY Moderated by Dan Keeler Global Finance hosted Turkey’s central bank governor and Turkish financial executives at a roundtable in Istanbul in September to discuss economic development, the importance of Turkey’s upgrade to investment grade and the strength ...

Investors Wary In Run-Up to Kenya’s Presidential Election

NEWSMAKERS: KENYA By Dan Keeler Nervousness about Kenya’s March 2013 general election is prompting international investors to put their investment plans on hold, says Musalia Mudavadi, one of the leading candidates in the presidential race. Mudavadi: Kenya’s growth potential is ...

Newsmaker: Turkey Transitions To Investment Grade

NEWSMAKERS: TURKEY By Dan Keeler Turkey’s authorities are concerned that the economic boost provided by an upgrade to investment grade by Fitch Ratings could trigger some unwelcome side effects. Erdem Başçı says he can keep inflation in check At a ...

Colombia Reaps Big Rewards From Free-Trade Agreements

MILESTONES: COLOMBIA By Dan Keeler Three months after its free-trade agreement with the United States went into effect, Colombia is already reaping the benefits, in terms of investment, export growth and job creation. González, Proexport Colombia: Colombia's trade agreements have ...

Country Report: Angola

LAND OF OPPORTUNITIES By Dan Keeler The improving economic and investment environment makes Angola a tempting target for foreign direct investors. But changes aimed at improving the business environment and building infrastructure must move forward before the country reaches its ...

Special Report: BRICs

Shifting Trade Flows And The New Consumer By Dan Keeler Fast-growing trade between BRIC countries has been fueled by an expanding middle class. Western rivals face stiff local and regional competition in building emerging markets growth. A decade has passed ...

Seeking Alternatives

COVER STORY: ALTERNATIVE FINANCING By Laurence Neville Small and medium-size companies are vital to economic growth and critical to corporate supply chains. Yet traditional lending is virtually closed to SMEs in most markets—certainly in developed markets of the West. However, ...

2011

Roundtable: Sub-Custody

SPONSORED ROUNDTABLE: IN SAFE HANDS Moderated by Dan Keeler Key figures from the world’s leading sub-custodians discuss how they are helping their clients deal with the effects of the flood of new regulation. Florence Fontan BNP Paribas Securities Services Florence ...

Ireland: New Government Hopes For Export-Led Recovery

NEWSMAKERS: IRELAND By Dan Keeler When Ireland’s voters unceremoniously booted out the Fianna Fail-led government in early March election, they were hoping that new leadership would give the country a fresh start. IDA’s O’Leary: Confident Humbled by the near-meltdown of ...

Israel: Finance Chief Suggests Two-Year Budgets

NEWSMAKERS: ISRAEL By Dan Keeler Steinitz: One-year budgets are a “terrible mistake” Just two years after being mired in the depths of the global financial crisis, Israel is experiencing a sharp and sustained recovery that is the envy of many ...

Publisher's Letter

Global Finance has a new editor. He is Andrea Fiano and he succeeds Dan Keeler, who will move on to other projects but continue a close association with Global Finance ...

WORLD'S BEST INVESTMENT BANKS 2011

Global Finance names the World’s Best Investment Banks 2011 New York, February 22, 2011 — Global Finance announces its selection of the World's Best Investment Banks 2011 to be published in its April 2011 issue. Global Finance editors, with input ...

Country Report: Angola

ANGOLA: ON THE ROAD TO RECOVERY By Dan Keeler Ravaged by a 27-year civil war and buffeted by the recent global financial crisis, Angola has suffered more than its fair share of challenges. Undaunted, its leaders are striving to reshape ...

Tread Lightly

There is no question that the newly emerging markets—often dubbed the frontier markets—present Western firms with mouthwatering opportunities...

Biggest Emerging Market Banks 2010

ANNUAL SURVEY: EM 200 By Dan Keeler Regional powerhouses in Asia and Latin America continue to build their presence as their markets recover strongly from the global recession. While much of the developed world continues to wrestle with the debilitating ...

An Eerie Sense Of Déjà Vu

In our cover story this month we take a sobering look at the prospects for the year ahead, and what we find is eerily familiar...

2010

BIGGEST BANKS IN THE MIDDLE EAST 2010

Global Finance ranks the 10 Biggest Banks in the Middle East NEW YORK, December 6, 2010 — As the world's key emerging markets continue to drive the global economy out of recession, Global Finance unveils its third annual Global Finance ...

BIGGEST BANKS IN LATIN AMERICA 2010

Global Finance ranks the 10 Biggest Banks in Latin America NEW YORK, December 6, 2010 — As the world's key emerging markets continue to drive the global economy out of recession, Global Finance unveils its third annual Global Finance 200, ...

200 BIGGEST EMERGING MARKET BANKS 2010

Global Finance ranks the 200 Biggest Emerging Market Banks NEW YORK, December 6, 2010 — As the world's key emerging markets continue to drive the global economy out of recession, Global Finance unveils its third annual Global Finance 200, the ...

BIGGEST BANKS IN ASIA 2010

Global Finance ranks the 10 Biggest Banks in Asia NEW YORK, December 6, 2010 — As the world's key emerging markets continue to drive the global economy out of recession, Global Finance unveils its third annual Global Finance 200, the ...

BIGGEST BANKS IN AFRICA 2010

Global Finance ranks the 10 Biggest Banks in Africa NEW YORK, December 6, 2010 — As the world's key emerging markets continue to drive the global economy out of recession, Global Finance unveils its third annual Global Finance 200, the ...

Global: World Bank's Environment Valuation

NEWSMAKERS: GLOBAL By Dan Keeler Zoellick: Promoting fair value of ecosystems In an attempt to help countries calculate the true value of their natural assets, the World Bank has launched a project that will create an ecosystem valuation model. Unveiling ...

Gee Whizz

Last month's G20 meeting in Seoul may well have been the most-hyped gathering of global leaders in recent years...

Africa’s Lion Awakens

COVER STORY: KENYA – REBIRTH OF A NATION By Dan Keeler With a new constitution, bold economic targets and an ambitious social development strategy, Kenya is determined to become the new star of Africa. All the signs so far suggest ...

High Hopes

With the world still reeling from the beating it took during the financial crisis and with many countries rashly—and bafflingly—talking their way into what threaten to be costly and damaging currency confrontations...

Editor's Letter: Settling Up

In this month's cover story we find that the alarming specter of sovereign risk has the potential to drive the global economy back into recession and spawn a new frenzy of risk aversion among investors...

World’s Safest Banks 2010

ANNUAL SURVEY: SAFEST BANKS by Dan Keeler Global Finance selects the world's safest banks—the 50 institutions with the highest ratings from the leading international credit ratings agencies—and the safest banks in seven regions. It is a measure of how much ...