Although a lawsuit has delayed substantial maneuvers, interested parties are moving into Congo
Mining company Eurasian Natural Resources Corp (LSE: ENRC), announced that it had reached a £804m settlement with Canadian company, First Quantum Minerals, over a disputed mine in the Democratic Peoples’ Republic of Congo. The settlement was announced ...
Reforms and resources open doors for investment in Zimbabwe’s growing property markets
For some time, Zimbabwe has been on the ‘no-go’ list as far as international investment is concerned, largely due to the country’s ongoing political instability, AIDS epidemic and a shrinking commercial farming sector in the wake of the government...
New international communication links in 2012 will further support the expanding financial services industry
The Seychelles consists of 115 islands in the Indian Ocean, hosting a population of about 88,000. Being an archipelago, the country is small on land-mass – but it controls a significant area of exclusive economic zone in the sea, which the governmen...
As financial crises go, the Johannesburg Stock Exchange (JSE), Africa’s biggest bourse and one of the world’s top ten exchanges, had a pretty good one. Michael Dynes reports
After the great fall of 2008, which saw share values plummet to record lows in March 2009, recovery took hold and began to gain momentum. Within six months, and despite the toughest market conditions in living memory, the JSE All Share Index had bounced b...
World Finance speaks to Dr Ibraímo Ibraímo about the case for investing in the country’s business environment
The Governor of the Central Bank of Mozambique, Ernesto Gove, has given quite a positive view of the macroeconomic state of the country over the last five years: “Mozambique has a healthy and stable financial system as well as economy.” Can you commen...
Qatar’s real estate market offers attractive opportunities as interest in property investment in the Arab world begins to rise again
With the Qatari government committed to increasing services and improving infrastructure in the country – it has allocated $130bn to real estate and infrastructure development over the next six years – and as the country’s construction industry cont...
A novel public private partnership is stimulating privately financed infrastructure in Africa, writes Keith Palmer
There is a huge infrastructure deficit in Africa – more than $45bn per annum, according to the World Bank – and the current rapid economic growth is unsustainable without very large increases in infrastructure investment. But there is no way t...
As the island nation realigns its economy in the aftermath of the prolonged civil war, the banking and finance sector must innovate quickly to catch up for lost growth
Leading the way is Nations Trust Bank, Sri Lanka – the recipient of the World Finance award for Most Innovative Bank in Sri Lanka. In an age when banks and financial institutions are constantly placed under the microscope in terms of transparency, e...
CDG is a public financial institution created by the Moroccan State in 1959 with the mission of collecting and managing specific funds and savings that require legal protection
CDG manages saving funds mainly composed of social security funds and postal savings. The company also manages two public retirement and provident funds: CNRA and RCAR. Territorial development has been a key feature of CDG’s strategy in recent years...
As oil contracts grow, emerging markets are expected to contribute 75 percent of total global economic growth in 2011. But the economies of Kuwait, and the GCC, need to diversify to survive, writes Shoyeb Ali
If 2009 was the ‘Year of Hope,’ then 2010 will be remembered as the rather less pithy, ‘Year of Continued Recovery.’ Investors across the globe were seen eagerly reading and reacting to the various economic swings in various financ...
234.1% of GDP, pariah of debt markets, but with hopes for a healthy twelve months ahead
197.5%, hard-hit by the tsunami, and reeling from the internal corruption allegations
142.8%, possibly heading for default, and considered one of many eurozone bad boys
133.8%, deceptively, has a strong banking sector, but little more in an ailing economy
126%, hopelessly indebted banks and very little light at the end of a long and gloomy tunnel
119% of GDP, in need of reform, paying over 7% for its debt thanks to technocratic leadership
106%, to many an idyllic investment destination, a great borrower, repayer, and long term option
101%, no government for most of 2011 didn’t help a weak economy in dire need of stimulus
90%, high but it’s recovering from a long and protracted revolution and aiming high
82%, stronger countries like Germany are contaminated by the weakest. It could go on…