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Obama Meets With African Leaders at Summit

President Barack Obama and African leaders have opened talks on expanding trade, improving security and strengthening government accountability across Africa. The talks, at a series of forums Wednesday, are a highlight of a massive three-day summit in Washington involving some 50 African heads of state and government. In opening remarks Wednesday, President Obama said a […]

Private Equity interest in African agriculture on the up

Private Equity interest in African agriculture on the up

In making 2014 the ‘Year of Agriculture’, the African Union has concentrated its focus on private-sector investment and public-private partnerships to drive the sector. This development is complemented by the level of interest shown by PE firms in the sector. In June 2013, the Africa-focused Future Agricultures Consortium reported that…

Norway’s US$880billion Sovereign Wealth Fund to target frontier markets

Norway’s US$880billion Sovereign Wealth Fund to target frontier markets

Norway’s USD 880bn sovereign wealth fund, the world’s largest, will expand its scope of investments to target “frontier markets” and add more currencies to generate higher returns. These include countries such as Nigeria, Argentina, Ukraine and Kazakhstan, according to MSCI Inc. The MSCI Frontier Market Index is up 16% this…

Sub-Sahara Africa dominates list for most attractive investment destinations for US & EU MNCs

Sub-Sahara Africa dominates list for most attractive investment destinations for US & EU MNCs

Fresh from having its GDP rebased, increasing it by c.89% to USD 510bn, Nigeria has also emerged as the frontier-market economy that is attracting the most attention from American and European multinationals. The Frontier Markets Sentiment Index, created exclusively for the Wall Street Journal by Washington DC-based advisory firm Frontier…