Africa is the new emerging market that has yet to be inflated or even largely discovered. While the continent is rife with cultural and infrastructural problems, its resources are vast and its people eager to move into the global mainstream. Nick Kochan has written widely about the scope for investment in Africa, and about the key countries’ opportunities now and in the future. curb on foreign period.
HSBC’s decision to walk away from its proposed $8 billion acquisition of a controlling stake in Nedbank is little short of dramatic. It poses a plethora of questions: why did HSBC do it; what happens to Nedbank; what does it say about the attractiveness of South African banks to global …
When Nigeria comes to the market this month with a £500m sovereign bond, investors will scrabble to get a piece of it. The $500 million ten year bond will be heavily oversubscribed as African credit moves away from the fringe of the emerging market universe to dead centre. Africa is …
