Supplement
Africa Supplement 2015
The real question for Africa now is not so much about past economic performance but about what’s coming next.
Africa
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Emerging & Frontier Markets
Kenya: Can New Central Bank Governor Lock In Gains?
Patrick Njoroge was named governor of the Central Bank of Kenya in June, part of a broader change in leadership at the Central Bank, including a new chairman and second deputy governor.
Award Winners
Focus On Broad Relationship, Right Price
In a conversation with Global Finance, Mark Kerns, head of investor services at Standard Bank, describes how booming interest in Africa, led by South Africa and Nigeria, is reshaping the continent’s capital markets.
Country Report
Nigeria–The African Express
Country Report | Nigeria
Nigeria is Africa’s largest economy, but the recent slump in oil prices has halved government revenues. The new Buhari government must now ensure the country’s economic roller coaster ride does not grind to a complete halt.
Capital Raising & Corporate Finance
Zimbabwe Attacking Hyperinflation
Milestones | Zimbabwe
The demonetization of the Zimbabwean dollar began in June and holders of the near worthless currency have until September 30 to exchange it for US dollars.
Country Report
Egyptian Economy Turns As Reforms Take Hold
Country Report | Egypt
Egypt may be on the verge of a major turnaround, as the most populous country in the Arab world looks set for sustained growth, lower unemployment and a manufacturing renaissance under president Abdel Fattah al-Sisi.
Capital Raising & Corporate Finance
AFRICAN GROWTH | OIL ISNT EVERYTHING SAYS TSHABALALA AT STANDARD BANK
Global Finance had a chance to interview Sim Tshabalala in April. The joint chief executive of Standard Bank Group answered questions about Africa’s growth and the substantial demand for banking services on the continent.
Capital Raising & Corporate Finance
MALTA: FCM BANK IS KEEPING IT SIMPLE – VINCENT MA
Launched just three years ago, FCM Bank is the only bank in Malta to specialize solely in savings and fixed-term offerings. During a talk with Global Finance, chief operating officer Vincent Ma explained why FCM Bank has zeroed in on those two products.
Economics, Policy & Regulation
NIGERIA | BUHARI’S SECOND COMING AS PRESIDENT
Newsmakers | Nigeria
Nigeria’s presidential election proved the bookmakers both right and wrong.
Economics, Policy & Regulation
SUB-SAHARAN AFRICA OUTPACES BIGGER COMPETITORS
Regional Report | Africa
Africa’s story is no longer that of a continent with great potential. Increasingly, the leaders and peoples of the continent, in collaboration with outsiders, are translating that potential into concrete achievements.
Banking
BID BATTLE FOR PORTUGUESE BANK HEATS UP
Banking | Portugal/Angola
A tug of war is developing over Portugal’s fourth-largest lender, Banco BPI, between its two largest shareholders.