Features | - Part 3

China: Risk of macro fallout will see policy err on side of caution

LAGOS (Capital Markets in Africa): Our house view is that recent bank failures are largely contained and in and of themselves do not represent a systemic threat. But market repricing and a shifting economic environment in the US/EU, alongside the PBOC’s surprise RRR cut, have led some to (once again) question China’s recovery and any associated contagion risk from tighter US and global financial conditions. This is so despite the recent contrast between US and…

Today’s main economic and political developments across the continent

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa): Zambia’s new dawn has given way to a chilly and overcast day. The country has effectively been in debt restructuring talks since 2020, and even the Hichilema administration, with the backing of business and multilaterals, has been able to make real inroads in this regard. The next two weeks will bring some clarity regarding the state of affairs and the way forward. In neighbouring Angola, the central bank has cut…

Investment: East African Survey Deep Dives into Challenges and Opportunities

Posted on by The Editorial Team

NAIROBI (Capital Markets in Africa) — The lack of access to investors, the reliance on international VCs and global recessions trends are perceived as threats by respectively 59%, 56% and 55% of respondents; 28% of respondents indicated that covid 19 had slowed down investment across the East African start-up landscape, making it the biggest impacting factor over the last twelve months; 54% of seed businesses rely on family and friends to provide funding; 74% of…

The Misplaced Fury around Sound: Time to Put the Record Straight – NJ Ayuk

Posted on by The Editorial Team

Climate activists are making more than noise about 3D seismic studies being used to delineate oil and gas reserves offshore Africa. They’ve proceeded with legal action that may force Shell Plc to pull the plug permanently on its search for hydrocarbons along South Africa’s Wild Coast, the country’s poorest province. Seismic surveys use sound waves to help oil and gas companies build an image of hydrocarbon deposits buried deep underground. They are considered a fast…

Canon to spotlight sustainability activists and forward-thinking organisations

Posted on by The Editorial Team

DUBAI, United Arab Emirates, February 13, 2023/ — Canon EMEA, the world’s leading imaging company, is partnering with1 sustainability focused award programme the Global Good Awards for the fourth year running. Alongside the annual Canon Young Champion of the Year category, Canon has introduced a new education focused award category, which will recognise organisations that have rolled out Canon’s Young People Programme. Entries for the Canon Young Champion and Education category open today. The Canon…

Africa Marks Special Day at 27th United Nations Climate Conference (COP27)

Posted on by The Editorial Team

CAIRO (Capital Markets in Africa) – African nations on Tuesday marked a special day on the sidelines of the 27th United Nations Climate Conference (COP27) in Egypt, with a common resolve to mobilize internal and external resources to tackle climate change. The event, dubbed ‘Africa Day,’ provided countries and development partners, including the African Development Bank, the opportunity to highlight measures to tap the continent’s unique economic potential. The African Union Commission, African Development Bank,…

WEBINAR | Pre-emptive debt restructuring: a viable scenario for fragile African sovereigns?

Posted on by The Editorial Team

30 Sep 2022 | The expiry of Covid-19-related support coupled with a surge in the goods import bill has exacerbated pressure on external trade positions for various African sovereigns. We see headwinds intensifying from 2023 onwards in the form of a deepening drought in East Africa, populist-leaning policies aimed at appeasing voter frustrations, large redemptions of external public debt facilities, and moral hazard. The risk profile is fragmented but a common thread can be found…

« 1 2 3 4 5 … 259 »