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Award Winners

World’s Best Banks 2013: Africa

By Thomas Clouse, Jonathan Gregson, Antonio Guerrero & Gordon Platt MOBILE BANKING STIMULATES ECONOMIC GROWTH IN AFRICA Africa is one of the fastest-growing markets in the world for mobile payments. Money transfers using mobile phones will exceed $200 billion in ...

Emerging & Frontier Markets

Frontier Markets: Namibia

<p>Namibia’s fortunes may be about to change dramatically, as recent surveys have shown its offshore geology could rival the biggest oil discoveries of recent years. But even without its oil prospects, Namibia has quietly established itself as an attractive investment destination. A recent Bloomberg Markets study placed Namibia among the world’s 20 most attractive emerging markets from an investment standpoint.</p>

Capital Raising & Corporate Finance

Newsmakers: Peaceful Election Sets Stage For Investment Bonanza

NEWSMAKERS: KENYA By Dan Keeler Kenya appears set to reap a substantial investment dividend in the wake of its largely peaceful presidential election held in early March. Kenyatta beats his rivals Analysts believe that portfolio flows and foreign ...

Country Report

Country Report: Angola

UP AND RUNNING By Dan Keeler Having regained its footing in the wake of the financial crisis, Angola is now looking to erect a fairer, more balanced economy. As it continues to rebuild its economy and society ...

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 ...

Emerging & Frontier Markets

Frontier Markets Networking Event

LOCATION | NEW YORK CITY To celebrate the launch of its new monthly section on Frontier Markets, Global Finance held a networking event in January at the Harvard Club in New York. Frontier markets specialists and investors from around ...

Capital Raising & Corporate Finance

Frontier Markets Report: Ghana

STAKING ITS CLAIM By Dan Keeler A history of stability, a growing middle class and a rapidly expanding economy are among the key assets of this West African gem. Photo Credits: REUTERS / YAW BIBINI Ghana has ...

Capital Raising & Corporate Finance

Milestone: Comesa Seeks Funding From Within To Drive Down Trade Finance Costs

MILESTONES: AFRICA By Alfred Sayila With member states’ foreign exchange reserves reaching a record $112 billion in 12 years, countries in the Common Market for Eastern and Southern Africa (Comesa), Africa’s leading trade body, may soon have a cheap new ...

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 ...

Emerging & Frontier Markets

Emerging Markets Roundup: Africa

G HANA INVESTS IN RENEWABLES By Antonio Guerrero UK-based Blue Energy will invest $400 million to build Africa’s largest solar photovoltaic power plant in Ghana. The Nzema project will produce 155 megawatts, increasing the country’s generating capacity ...

Emerging & Frontier Markets

Emerging Markets Review: Fast-Growing Economies Drive African Growth

A RACE TO THE FINISH By Jonathan Gregson With several of the world’s fastest-growing economies to be found in sub-Saharan Africa, investors are keen. They are now looking beyond the commodities sector, and China continues to lead the ...

Emerging & Frontier Markets

Investors Wary In Run-Up to Kenya’s Presidential Election

NEWSMAKERS: KENYA By Dan Keeler Nervousness about Kenya’s March 2013 general election is prompting international investors to put their investment plans on hold, says Musalia Mudavadi, one of the leading candidates in the presidential race. Mudavadi: Kenya’s ...