The Editorial Team

Convergence Partners closes $10m investment in 42Markets Group

Mauritius (Capital Markets in Africa) – Convergence Partners has announced the acquisition of a strategic stake in 42Markets Group, an incubator, investor and builder of high-growth specialist businesses in the financial and capital markets sector. The introduction of Convergence Partners as new investors will enable the 42Markets Group to accelerate growth through the buildout of its product set and further geographic expansion. The investment is through its Convergence Partners Digital Infrastructure Fund (CPDIF), a $296m…

Will Manchester United Become the Most Expensive Sports Club in the World Following a Takeover?

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While there is still no guarantee that the Glazer family will sell Manchester United, if a sale does go ahead, Manchester United will instantly become one of history’s most expensive sports teams. According to reports, the bid that is most likely to win will be Qatar’s bid (Sheikh Jassim Bin Hamad Al Thani) or Jim Ratcliffe’s bid. The price for the club is expected to be worth in the region of £6 billion. Find out…

Africa: Positive news from unlikely sources

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LAGOS (Capital Markets in Africa) – Some good news from two African countries that have come to epitomise the continent’s fiscal struggles. A breakthrough regarding Zambian debt discussions is reportedly not too far away. Next month could see the signing of a Memorandum of Understanding with official creditors, which would effectively untie the IMF’s hands and allow the Fund to finally provide support. In Ghana, the Q4 2022 GDP release came in much better than…

Bloomberg’s Design and Make Event in London | Register Now

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Join the Bloomberg Design + Make event next week in London or online, where we bring together the world’s most creative minds to discuss how their respective industries are responding to a world in flux: The challenges they face and the opportunities to be claimed. Those on the cutting edge of design, manufacturing, and entertainment will shine a light on some innovative solutions they are working on that can make the world better, smarter, and more…

Oxford Economics Climate Intelligence for Cities Webinar: Register Now

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The impact of policies to address climate change will have an uneven impact on local economies, due to their unique industrial composition and vulnerability to climate events. In this webinar, we will answer the following questions: how will policies to tackle climate change affect economic growth in cities? Which cities will be most affected, and will there be winners as well as losers? What impact will climate transition policies have on subnational growth disparities? Note:…

Investment ideas for Earth Day and Beyond

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By Dominic Rowles, Lead ESG analyst, Hargreaves Lansdown Every year, on April 22nd, people around the world celebrate Earth Day. It’s a way to mark the achievements of the environmental movement and highlight the work that still needs to be done to preserve the planet for future generations. Environmental issues such as climate change, deforestation, water scarcity, pollution, and biodiversity loss are threatening the health and well-being of our planet, its ecosystems, and its inhabitants….

Commentary: UK inflation Remaining in Double Digits

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LONDON (Capital Markets in Africa)- UK headline inflation falls to from 10.4% to 10.1% in February as Core inflation, stripping out food and energy prices, stays at 6.2%. Food and non-alcoholic beverages rise at fastest rate since 1977. Douglas Grant, Group CEO at Manx Financial Group PLC: Having narrowly avoided a recession, the UK economy could be showing signs of light at the end of the tunnel. However, the latest flatlining GDP data highlighted sluggishness…

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