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 ...

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, ...

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 ...

Africa's Mobile Banking: Boom Or Bust?

ANNUAL SUPPLEMENT: AFRICA 2013   By Erik Heinrich   Africa’s mobile-banking boom is a complicated tale of East versus West. But who’s approach will prove right in the end?   Mobile banking is a force for social and economic change ...

Frontier Markets Report: Côte d’Ivoire

RETURN TO GLORY?
​Côte d’Ivoire has the opportunity to regain its status as a leading African economy. Blessed with a wealth of natural resources, a pleasant climate, a strategical location and a level of infrastructure unrivaled in West Africa, Côte d’Ivoire was long recognized as one of the continent postcolonial stars.

Country Report: Nigeria

THE RIGHT ROUTE FOR GROWTH By Antionio Guerrero   Nigeria has averaged 7% growth over the past decade. But effectively managing its continued expansion is proving problematic. Infrastructure investment is a key challenge.   The Nigeria stock exchange building in ...

World's Best Banks 2013: Africa

By Thomas Clouse, Jonathan Gregson, Antonio Guerrero & Gordon Platt   MOBILE BANKING STIMULATES ECONOMIC GROWTH IN AFRICA Africa is one of the fastest-growing markets in the world for mobile payments. Money transfers using mobile phones will exceed $200 billion in ...

Frontier Markets: Namibia

Namibia’s fortunes may be about to change dramatically, as recent surveys have shown its offshore geology could rival the biggest oil discoveries of recent years. But even without its oil prospects, Namibia has quietly established itself as an attractive investment destination. A recent Bloomberg Markets study placed Namibia among the world’s 20 most attractive emerging markets from an investment standpoint.

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 ...

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 ...

Emerging Markets Roundup: Africa

S OUTH AFRICA MOVES CLOSER TO JUNK STATUS WITH DOWNGRADE   By Antonio Guerrero   South Africa’s weakened economy pushed it closer into junk territory, as Fitch Ratings further downgraded its sovereign rating in January.   The agency cut the country’s ...

Emerging Markets Roundup: Africa

G HANA INVESTS IN RENEWABLES   By Antonio Guerrero   UK-based Blue Energy will invest $400 million to build Africa’s largest solar photovoltaic power plant in Ghana.   The Nzema project will produce 155 megawatts, increasing the country’s generating capacity ...

Emerging Markets Roundup: Africa

AfDB SEEK TO REPATRIATE FOREIGN RESERVES   By Antonio Guerrero   The African Development Bank, (AfDB) a regional development bank based in Tunisia, is working to bring a portion of Africa’s $500 billion in foreign reserves held abroad back to the ...