
Trade Finance In Wartime
The huge drop-off in trade involving Russia and Ukraine has hit trade finance hard.
Global Finance names the 2011 World's Best Emerging Market Banks in Africa NEW YORK, March 24, 2011 — Global Finance magazine has named the “Best Emerging Market Banks in Africa” in an exclusive survey to be published in the May ...
ROUNDUP: AFRICA By Antonio Guerrero Plans for launching a single West African currency by 2015, to be known as the Eco, are being thwarted by members’ failure to meet the program’s criteria. Zuma: Calling for help Five ...
EAST AFRICA: SUDAN SPLIT RESHAPES EAST AFRICA’S ECONOMY By Jonathan Gregson As Sudan prepares to divide into two countries, plans are already under way to help the South develop its substantial oil reserves. Unless there is a ...
ROUNDUP: AFRICA By Antonio Guerrero Government incentives are paying off for Zambia's copper sector, with output expected to surpass 740,000 tons this year for the first time, pushing it above the record highs of the early 1970s. ...
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 ...
NEWSMAKERS: SOUTHERN SUDAN By Justin Keay Sudan, the largest country in Africa and the Arab World—and the tenth largest in the world—is about to get a good deal smaller. Bold move: Voters decide Southern Sudan's future Preliminary ...
LIBYA: OPENING UP By Justin Keay As its economy slowly becomes more open, Libya is attracting the attention of a wider range of potential investors than just adventurous oil companies. In the old days of the Soviet ...
ROUNDUP: AFRICA By Antonio Guerrero Electricity goes private Nigeria requires annual investments of up to $10 billion to tackle its infrastructure deficit, according to government officials in Abuja. Much of the investment would be focused on meeting the ...
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 ...
ROUNDUP By Antonio Guerrero Good to go: Tullow resolves dispute over Uganda's oil fields Uganda moved closer to becoming an oil producer after UK-based Tullow Oil reached an agreement with the government over a tax dispute. Tullow, which ...
COVER STORY: SEA CHANGE By Jonathan Gregson Africa's economic prospects have never been better. Fifty years after British prime minister Harold Macmillan spoke of a wind of change sweeping across the African continent, the sort of development ...
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 ...
ROUNDUP By Antonio Guerrero Ghana’s mining sector gets a funding boost from China Ghana has become the leading recipient in sub-Saharan Africa of Chinese infrastructure financing, giving China unrivaled access to the country's commodities sector. Ghana signed a ...
NEWSMAKERS: SOUTH AFRICA By Nick Kochan Johannesburg: Setback after HSBC pull-out HSBC's decision to walk away from its proposed $8 billion acquisition of a controlling stake in South African bank Nedbank is little short of dramatic. Having announced ...
Roundup By Antonio Guerrero Foreign ownership of mines in Zimbabwe challenged by law Zimbabwe's government is continuing its campaign against foreign ownership, insisting that businesses with assets of more than $500,000 must be 51%-owned by black Zimbabweans within ...
ROUNDUP By Antonio Guerrero Uneasy balance: Mugabe (right) and Tsvangirai still have issues with power sharing South Africa's state-owned development lender Industrial Development Corporation (IDC) plans to issue bonds and sell an estimated $3.6 billion worth of its ...
EM REGIONAL BANKING FOCUS: AFRICA By Nick Kochan Africa's banks are looking to forge new links as they seek to expand across the continent. The African banking industry has emerged from the global financial crisis largely intact ...
ROUNDUP By Antonio Guerrero Front right: Corruption fighter Goodluck Jonathan Flushed with confidence after its peaceful referendum on a new constitution, Kenya plans to issue $390 million of infrastructure bonds, the government’s fourth such issue. The bonds will ...
KENYA By Dan Keeler Kenya’s Olkaria II geothermal plant generates 70MW Kenya’s government is looking for a strategic investor to buy 19% of the country’s principal electricity supplier, the Kenya Electricity Generating Company (KenGen). Eddy Njoroge, KenGen’s managing ...
Global Finance names the World's Best Internet Banks in Middle East/Africa 2010 NEW YORK, July 26, 2010 – Global Finance has announced the First Round winners in the "World's Best Internet Banks" competition in Middle East/Africa. This is the 11th ...