The Member News Archive
Structuring and reaching your legacy goals
Our report explores how affluent people across Europe, Africa and the Middle East interpret legacy and how it is shaped by wealth decisions throughout a lifetime. It reveals insights on the paths taken to prosperity, the impact of investment decisions, the challenges faced and the continuous evolution of legacy objectives to achieve inheritance goals. Read the report below to discover more.
Africa Risk-Reward Index 2021: Resilience and Recovery
In the sixth Africa Risk-Reward Index, Control Risks and Oxford Economics Africa plot the most likely trajectory of Africa’s recovery from the COVID-19 pandemic. This recovery will not be simply about GDP growth, but about a wider transformation, innovation, and development in areas such as biotechnology and healthcare. This will raise as many challenges for investors in a range of sectors, as it does opportunities. The Africa Risk-Reward Index plots each country’s performance relative to its African peers by comparing some of the continent’s largest and emerging markets, offering investors a comparative snapshot of market opportunities and risks across Africa.
NKC African Economics Announces Rebrand
NKC African Economics announced today that it will now be rebranded and referred to as Oxford Economics Africa. Following the 2015 acquisition of a majority stake in NKC by Oxford Economics, the UK-based economic advisory firm, this development enables Oxford Economics Africa to enter the next phase of corporate growth and further enhance its global presence.
Delivering educational transformation in Africa, with Cambridge Partnership for Education
As Head of Global Engagement at Cambridge Partnership for Education, a unit within the University of Cambridge, Annie Michailideou specialises in identifying opportunities to improve education equity and quality by raising standards and giving learners the knowledge, understanding and practical skills to succeed in the modern world. Invest Africa sits down with Annie to find out more about the work Cambridge University Press is doing across Africa and how the unit is driving education reform across the Continent.
GAUGING THE FULL POTENTIAL OF TRADE AGREEMENTS with Mr. Sunil Boodhoo, Director of the International Trade Division at the Ministry of Foreign Affairs
As we navigate the second COVID – 19 wave and its associated impact, we remain optimistic as we soldier on to a better future. Our island’s unique geographic location positions it as a natural gateway between Asia and Africa and a logical extension, promoting investments into Africa forms one of the key focus areas of the MIFC. With the coming into effect of the 2 highly awaited trade agreements– the Mauritius-China Free Trade Agreement (FTA) and the Mauritius-India Comprehensive Economic Cooperation and Partnership Agreement (CECPA), which are effective since 1st January 2021 and 1st April 2021 respectively, global business transactions and international trade flows through the island are expected to increase exponentially.
The President of Ghana, H.E. Nana Akufo-Addo, and key Ministers set to address international investors at Ghana Investment Forum during The Africa Debate 2021
The President of Ghana, H.E. Nana Akufo-Addo, will address international investors and businesses at Invest Africa’s annual Africa Debate from 14th-16th September as part of his government’s drive to diversify the Ghanaian economy and boost foreign direct investment (FDI). The President will be accompanied by the Ministers of Finance, Energy and Food and Agriculture at the dedicated Ghana Investment Forum on 14th September.
Africa Specialty Risks Appoints Managing Director And Launches Recruitment Drive In Mauritius
Africa Specialty Risks (“ASR”), the pan-African focused reinsurance group, is pleased to announce the appointment of Krishna Bheenick as its Managing Director in Mauritius. The company is also launching a recruitment drive to attract qualified professionals to join the business.
MCB Equity Fund, the private equity arm of MCB Group, partners with Metier-led consortium to invest USD 36 million in Africa Mobile Networks Ltd
MCB Equity Fund, the private equity arm of MCB Group, the largest banking group in Mauritius, is pleased to announce the acquisition of a minority stake in Africa Mobile Networks Ltd (“AMN”) as part of a consortium led by Metier, an independent African private equity manager.
Agriculture identified as the most promising sector for investment in sub-Saharan Africa
Agriculture has been identified as the most promising sector for investment in sub-Saharan Africa, according to a survey released by Dubai Chamber.
The Mauritius Commercial Bank Limited signs a USD 20M term loan facility with Bank of Kigali Plc to support its strategic growth objectives
A USD 20M loan has been successfully signed between The Mauritius Commercial Bank Limited (MCB) and Bank of Kigali Plc on 29th July 2021. The aim of this loan is to provide additional liquidity to Bank of Kigali Plc over a 1-2 year period, to facilitate execution of its lending strategy. Despite the challenging market conditions, Bank of Kigali Plc maintains a strong financial performance and continues to attract the support of financial institutions, showcasing investors’ confidence in the bank.
Charles Russell Speechlys advises Metier on US$39m investment into Africa Mobile Networks
Charles Russell Speechlys has advised Metier, a leading South African private equity fund manager, on a US$39m investment into Africa Mobile Networks Ltd (AMN). AMN builds, owns, operates and maintains mobile network infrastructure in Africa, delivering services for the biggest Mobile Network Operators across the continent.
Barak Positioned for Post-Pandemic Recovery
The Covid-19 pandemic has continued to impact economic activity globally, forcing industries to adapt to “a new normal.” This has been no different for the investment management industry, particularly those managing certain alternative asset classes. Barak Fund Management ("Barak") has been managing not only the impact of Covid on its existing investments, but also the overall structure of its future funds, management approach and related strategy
Radisson Hotel Group expands Moroccan presence with the opening of four hotels
Radisson Hotel Group is proud to announce the extension of its Moroccan footprint with the opening of four hotels in beloved tourist destinations Al Hoceima, Taghazout Bay, and Saïdia. Located in the south, north and northeast of Morocco, the four hotels consist of three inviting resorts and a comfortable seaside residence, bringing the Group’s fast-growing Moroccan portfolio to more than 10 hotels in operation and under development.
Invest Africa and Standard Chartered Private Bank announce strategic partnership
Invest Africa, the leading business and investment platform for African markets, and Standard Chartered Private Bank, a leading international private bank for emerging market clients, are pleased to announce a strategic partnership, focused on driving the growth of Standard Chartered’s private banking services across the continent.
Buchanan - Africa Rising Series: Episode #2
In this episode, Augustine Chipungu speaks to Paul McDade, Chief Executive of Afentra, a recently formed London listed oil and gas company which seeks to support the exit strategies of international oil companies (IOCs), ensuring a responsible transition for African government towards sustainable future.
Mediterrania Capital Partners invests in Dislog Industries, one of the largest FMCG manufacturers in Morocco
Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces its investment, through its fund MC III, in Dislog Industries, one of the largest FMCG manufacturers in Morocco.
FTI Consulting: Implications of Unrest in South Africa Following the Arrest of Jacob Zuma
In a scathing majority judgment, South African’s Constitutional Court on 29 June found former President Jacob
Zuma guilty of contempt of court and sentenced him to 15 months imprisonment following his refusal to participate in the ongoing Commission of Inquiry into Allegations of State Capture, Corruption and Fraud in the Public Sector.
In the days preceding his arrest, Zuma publicly lambasted the Constitutional Court judgment whilst some of his key supporters warned of dire consequences if he were to be jailed
AMEA Power Commissions 51.75MW Wind power plant in Jordan
AMEA Power, in a joint venture with Xenel Industries of Saudi Arabia, announced today the commissioning of its 51.75MW wind power plant in Jordan. The commercial operation date was officially achieved on July 5th 2021, despite the challenges of Covid-19.
FTI Consulting: Economic regulation of the electricity sector in Ivory Coast
On 1 January 2021, the 12-year agreement signed last October between the Government of Ivory Coast and the country’s integrated electricity utility CIE (Compagnie Ivoirienne d’Electricité) became operational, establishing one of the first incentive-based regulatory regimes in Africa. FTI Consulting acted as advisor on economic and financial aspects to help achieve the Government’s goals: to improve quality of supply, increase cost efficiency and transparency, prepare for sector liberalisation, and establish a clear and dynamic remuneration mechanism.
Crown Agents Bank launches EMpower Pensions
Crown Agents Bank, the UK regulated financial service partner of choice for governments, international development organisations, banks and pension administrators, has today announced the launch of its new pension solution, EMpower Pensions offers effective, end-to-end pensions management from one easy-to-use interactive platform, including Biometric Facial Authentication Proof of Life technology, reporting and convenient administration functions for pension administrators & their pensioners alike.