Innovative structure for $94m fund for health innovations
Merchant bank Lion’s Head is moving fast forward with the Global Health Investment Fund to invest in and advance late-stage drugs, vaccines and other global health technologies, aiming to impact poorest countries while winning financial returns in developed markets. It has attracted $94m in commitments and top global backing.
Sub-Saharan African sovereigns outside SA to raise $7bn in fixed income
African countries (apart from South Africa) are set to place $7 billion of debt this year, buoyed by low interest rates and a huge global appetite. It is more than the previous 5 years combined and African capital markets are feeling the boom.
