Investors said that emerging market assets are prone to inflation, making them a very risky place to invest in.
Africa
Nigeria set for new Eurobond issue
Nigeria prepares for a new Eurobond issue worth another US$1 billion. (Photo : Reuters)Nigerian Parliament sets on a call to order. Plans for a one week roadshow to be conducted in Britain, Germany and the United States would be undertaken by Nigeria.
Denham Capital invests on Endeavor Energy
Private equity firm Denham Capital gave $100 million to Endeavor Energy as capital to fund the expansion of the company in Afria.
Warburg Pincus to invest in African oil exploration company
Warburg Pincus is set to form an investment fund for Delonex Energy and its plans for oil exploration in Africa.
Tunisia to boost local banks with IMF money
Tunisia received loan facility from IMF to boost capitalization of local banks. (Photo : Reuters)The image is the corporate logo of the International Monetary Fund.
Latest News
East African bloc struggled to draw investment from foreign units. (Photo : Reuters)The image is an African man looking over an oil extraction rig. East African Community economies struggled to draw foreign investment due to internal problems.
Petrobras is selling off half of its African operations of Petroleo Brasiliero SA. (Photo : Reuters)The image is the facade of the corporate headquarters of Brazilian oil conglomerate Petrobras.
The country of Rwanda has no plans to go back into the sovereign debt market after its successful debut last April.
Ooredoo withdraws from the race for Maroc Telecom citing valuation issues as well as frustration with the bidding process.
Tunisia finalizes loan package from Islamic Development Bank and the International Monetary Fund. (Photo : Reuters)The image is the former Tunisian first lady in a file photo.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
Riverstone Holdings named James T. Hackett as new Partner. (Photo : Reuters)This is the logo of Riverstone Holdings LLC Private investment company Riverstone Holdings LLC announced on Thursday that James T.
Exxaro announced the completion of its investments in two wind farms located in the Eastern Cape Province of South Africa.
The Indian government is asking for an explanation about a premature statement issued by ONGC regarding its US$2.5 billion deal with Videocon.
