Tag Archives: Finance

Nigeria outlook

On Monday, the 14th of January, the Nigeria Outlook event is held annually at the offices of Standard Chartered Bank in London. The event will provide an overview of Nigeria’s current macroeconomic position and discuss the political, economic and commercial prospects for the country in the year ahead. The keynote speaker will be Razia Khan, Chief Economist for East Africa and the Middle East at Standard Chartered Bank. Other speakers will be confirmed soon. Invest Africa members can register interest to Philippa Jalland.

Razia Khan – Chief Economist for Africa and the Middle East, Standard Chartered Bank

With over 20 years of experience covering emerging and frontier markets, Razia Khan is a well-known commentator on the region. She has provided regular updates to Central Banks, finance ministries and sovereign wealth funds. She currently serves on the WEF’s Global Future Council on Migration and on the Advisory Board of the Royal African Society. She was named one of the ‘100 Most Influential Africans’ in 2015 by New African Magazine and the ‘100 Africa Economics Leaders’ by Institut Choiseul (2017). Razia holds BSc and MSc (Econ) degrees from the London School of Economics.

Source: Invest Africa

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Africa’s direct investment rebound

The number of foreign direct investment (FDI) projects in Africa increased by 6 % in 2017, despite the continent experiencing sluggish growth, according to a report by EY. The top five FDI destinations – which accounted for over half of total investment – were South Africa, Morocco, Kenya, Nigeria and Ethiopia. The uptick in projects came as economic growth in Africa recovered following the lowest growth in over 20 years in 2016.

Source: African Business, Dec/jan 2ß10

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Upcomming Forum in Johannesburg, South Africa

During November 7-9, 2018 in Johannesburg, South Africa, the Africa Investment Forum is where project sponsors, borrowers, lenders, and public and private sector investors will come together to accelerate Africa’s investment opportunities.

The African Development Bank is championing the inaugural Africa Investment Forum (AIF) a multi-stakeholder, multi-disciplinary collaborative platform for the economy and social development of the continent. The Africa Investment Forum is totally transactional marketplace dedicated to advancing projects to bankable stages, raising capital, and accelerating the financial closure of deals.

Interested parties can register here: https://africainvestmentforum.com/

Source: Africa Investment Forum

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President Trump calls for more investment in Africa

President Donald Trump said that the US would extend economic support for African countries “committed to self reliance” and foster mutual job creation in a speech to African leaders on the sidelines of the UN General Assembly. Trump invoked wealthy friends investing in the continent and added that Africa has “tremendous business potential …for American firms. It’s really become a place that they have to go”.

Source: African Business, October 2017

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