Africa Investment 2015
DAKAR - Private equity will play a key role in developing Africa given the massive needs for capital on the continent, says Blackstone Group , which is focusing on infrastructure projects involving power generation and transmission.
CAPE TOWN - South African IT firm Dimension Data is on track to reach $8 billion in revenues this year, maintaining double digit growth led by its push into data centers, the firm's chief executive said on Friday.
JOHANNESBURG - A lower oil price should give companies operating in Africa a lift but industry is not banking on it as a long-term elixir.
NAIROBI - The Nairobi Securities Exchange will work with three banks to set up a clearing house for its planned offering of derivative instruments from the second quarter of this year, its chief executive said on Friday.
JOHANNESBURG - Falling commodity prices, political upheaval and simmering conflict are exposing the differing fortunes of Africa's economies, undermining the idea that the continent of a billion people is on one collective ascent.
DAKAR - Rapid economic growth in West Africa's CFA-franc zone will keep debt loads manageable despite a recent wave of heavy borrowing by governments, the governor of the regional central bank told Reuters.
JOHANNESBURG - Atlas Mara , the newest entrant to the African banking market, plans to target low-income earners in additional to the multinational companies and middle-class consumers existing lenders have concentrated on, its chief executive said.
LAGOS - Flour Mills of Nigeria expects to cut capital expenditure by almost half this year, down from 40 billion naira a year ago, as the slowdown in the economy, caused by the oil price collapse and the weakening naira, hurts consumer spending.
JOHANNESBURG - South Africa's cash-strapped power utility Eskom [ESCJ.UL] may sell some of its assets to raise capital as it scrambles to light up Africa's most advanced economy, the company's chief executive said on Thursday.
(Corrects March 5 story to make clear Masawara is interested in coal-bed methane gas bloc but does not yet own it)
JOHANNESBURG - Standard Bank said on Thursday it would spend the bulk of the $690 million from the sale of its global unit to capitalize its South African business and to invest more in fast-growing areas like Nigeria, Angola and Mozambique.
|Financial Regulation 2015||May 11 - 15||Financial Services/Exchanges|
|Global Wealth Management 2015||Jun 8 - 12||Financial Services/Exchanges|
|Eastern Europe Investment 2015||Sep 21 - 25||Financial Services/Exchanges|
|Russia Investment 2015||Sep 28 - 30||Financial Services / Exchanges|
|Global Commodities and Energy 2015||Oct 5 - 9||Financial Services / Exchanges|
|Middle East Investment 2015||Nov 2 - 6||Financial Services/Exchanges|
|Global Investment Outlook 2016||Nov 16 - 20||Financial Services/Exchanges|