Middle East & Africa

The investor’s choice in Morocco, Africa, and beyond

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...

Oil demand rewards MENA economies

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...

Demand grows for African assets

Buyout funds will target natural resources and industrial
goods in 2011, writes Joyce Ollunga

The most important fact for any investment in any country within the African space is that they have someone on the ground 352 days a year monitoring and mentoring investment companies. At Wentworth International we have made two recent investments, the f...

CDG green lights public investment

Caisse de Dépôt et de Gestion is now the largest Moroccan institutional investor, playing a key role in public development policies

The Caisse de Dépôt et de Gestion (CDG) is a public financial institution founded in 1959. The activities of the Caisse de Dépôt et de Gestion flow from its original mandate as legal custodian and manager of funds of private orig...

Qatar in sustainability drive

Dr Al-Horr, chairman and MD of the Barwa and Qatari Diar Research Institute, on his commitment to green building principles

The UN Environmental Programme is directing all developed countries to help emerging nations reduce carbon emissions from buildings and establish worldwide sustainable development assessment systems.Supporters of the UN drive for sustainable development a...

PVI partners with Oman investment fund

Raising capital and partnering with an international finance house are among strategies to turn PVI into a finance-insurance institution, says Chairman Nguyen Anhh Tuan

PetroVietnam Insurance Corporation (PVI) was established in 1996 as a captive insurance company for the Vietnam Oil & Gas Corporation currently known as the Vietnam National Oil & Gas Group (PetroVietnam). PVI has positioned itself as a leader in ...

Investors enter African courtship

Michael Dynes on Africa’s economic recovery and medium to long-term prospects

Eighteen months after the onset of the US-led financial crisis and economic downturn – events which had appeared to shatter more than a decade of uninterrupted growth on the world’s poorest continent – Africa is bouncing back. Not only h...

Libya embraces private sector

Libya has in place a plan for the privatisation of its economic units, 50 percent of which are to be completed within 10 years

Up to date, 111 economic units have been privatised in the industrial sector ; within the next two years, it is expected that another 85 units will undergo privatisation and by the end of the next three years, it is envisaged that the total number of econ...

Zimbabwe slowly returning to normality

Just over a year ago, Zimbabwe had the world’s worst modern-day hyperinflation and the national currency was worthless

Streets in central Harare were lined with black-market traders exchanging huge wads of Zimbabwean dollars for US dollars or South Africa rand.One trader, who did so well illegally dealing in foreign exchange he could afford to take a second wife, has take...

Saudi investor appetite recovers

Saudi Arabia plans aid to Syria as ties improve

Saudi Arabia is discussing extending development loans to Syria as ties between the two countries improve but there will not be direct cash assistance, the Saudi central bank governor said.Diplomatic activity between Damascus and Riyadh has picked up in t...

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Zimbabwe

234.1% of GDP, pariah of debt markets, but with hopes for a healthy twelve months ahead

Japan

197.5%, hard-hit by the tsunami, and reeling from the internal corruption allegations

Greece

142.8%, possibly heading for default, and considered one of many eurozone bad boys

Lebanon

133.8%, deceptively, has a strong banking sector, but little more in an ailing economy

Iceland

126%, hopelessly indebted banks and very little light at the end of a long and gloomy tunnel

Italy

119% of GDP, in need of reform, paying over 7% for its debt thanks to technocratic leadership

Singapore

106%, to many an idyllic investment destination, a great borrower, repayer, and long term option

Belgium

101%, no government for most of 2011 didn’t help a weak economy in dire need of stimulus

Egypt

90%, high but it’s recovering from a long and protracted revolution and aiming high

European Union

82%, stronger countries like Germany are contaminated by the weakest. It could go on…