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Banking

Country Report: Lebanon

DRAGGING A GEOPOLITICAL ANCHOR By Justin Keay There were few bright spots for Lebanon over the past year. However, the banking and real estate sectors showed encouraging signs, and a recovery has begun. Despite their traditional stoicism, ...

Capital Raising & Corporate Finance

Emerging Markets Roundup: Africa

CHEVRON BOOSTS ITS INVEST-MENT IN AFRICAN BLACK GOLD By Antonio Guerrero Global oil group Chevron approved a $5.6 billion development project in Angola. The Mafumeira Sul offshore oil field will be its second-largest African investment, after the Agbami ...

Capital Raising & Corporate Finance

Billion-Dollar Woman Dressed For Success

NEWSMAKERS: NIGERIA By Valentina Pasquali A 61-year-old Nigerian oil tycoon is now the richest black woman in the world, having recently overtaken American entertainment mogul Oprah Winfrey for the title. Her name is Folorunsho Alakija and she ...

Capital Raising & Corporate Finance

DRs: Huge Pipeline For Asian IPOs

CORPORATE FINANCING NEWS: GLOBAL EQUITY / DRS By Gordon Platt   The Asian markets accounted for 76% of global funds raised in initial public offerings in the third quarter of 2012, and there are more than 200 Asian companies in ...

Capital Raising & Corporate Finance

FX Supplement: The Renminbi As A Reserve Currency

THE RENMINBI GOES GLOBAL   By Gordon Platt   Pressure from BRIC countries for a new international reserve currency to replace the dollar is growing.   China, the world’s leading trading nation, would like to reap some of the benefits ...

Banking

Africa: Growth Of Pan-African Banks

BANKING ON AFRICA   By Erik Heinrich   A continent-wide boom is shaping a new breed of pan-African lenders.   The future has never looked brighter for sub-Saharan Africa. Many of its economies are expanding at annual rates of 6% ...

Banking

Africa: Oil & Gas

DIFFFICULT CHOICES   By Antonio Guerrero   African oil producers stand to benefit from continued sanctions on Iranian oil exports. But their path is not without challenges.   As the US and EU tighten the screws on Iran, imposing sanctions ...
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