Tag Archive for 'infrastructure'

Pension funds power Africa’s infrastructure

Here is my article on a critical area for Africa to develop, creating the atmosphere for productive investments by fast-growing pension funds. Published in African Banker magazine.

Conference: Pensions and Alternative Investments Africa 15-16 March

Institutional savings – pension, insurance and other funds – are transformative for Africa’s economies. How to get there best will be the theme at AME Trade’s Pension Funds & Alternative Investment Africa conference (PIAFRICA), Mauritius 15– 16 March.

Kenya’s revolutionary mobile phone M-Akiba bond on 21 Oct

Kenya’s National Treasury will float a KES5 billion ($48.6 million) M-Akiba 5-year infrastructure bond on 21 Oct which will only be purchased through mobile-phone platforms. The minimum investment will be KES3,000 ($29.13) . The bond works with M-Pesa mobile money solutions where 23m Kenyans have accounts.

How do stock exchanges stay relevant to their societies? SMEs and exchanges

How will stock exchanges stay relevant by tackling the problems of their societies, and participating in the giant growth set to follow? That question was posed at the start of the World Exchange Congress in London today, with SME finance among the themes.

Opportunities in Africa’s top 20 cities

Nairobi is ranked the most attractive city for foreign direct investment (FDI) in Africa but North African cities and Johannesburg dominate the continent in an interesting PwC report, highlighting 20 African cities, because cities are the engine of growth worldwide and particularly in Africa.

9 reasons Africa tops investment agendas

9 reasons Africa tops investors’ agenda, Eddy Njoroge told African Securities Exchanges Association, include: economy to rise from $1.1trn to $3.9trn in 5 years, the fastest-growing middle class (from 123m to 1.1bn), population to double to 2.4bn, and record $80bn of foreign investment.

Zambia’s debut $750m Eurobond puts focus on Africa

Zambia went to the global market yesterday (13 September) with its first eurobond, a USD750 million 10-year bond priced at a 5.625%. It will be used to fund its budget and invest in infrastructure and the issue highlights “great appetite” for African credit.

IFC mobilizes $1bn into private infrastructure in Africa

The International Finance Corporation (the private sector investment arm of the World Bank group) will invest and mobilize more than $1 billion into private infrastructure in Africa during 2012, up from $200 million 5 years ago.

Private equity and lenders hop aboard $287m Kenya-Uganda railway

The International Finance Corporation and 6 leading international finance institutions provided $164 million in financing to Rift Valley Railways International to rehabilitate the Kenya-Uganda railway today (2 August).

Does China push out private equity in Africa?

Interesting article in today’s FT Tilt on whether China’s model of cheap loans backing Chinese construction squeezes out private equity. The author suggests there could be a secondary round of infrastructure management projects.