Sub Saharan Africa a hotbed for bond yields according to Goldman Sachs. Many Sub-Saharan countries, aside from South Africa, have sold nearly US$7 billion in debt for the year.
Tags: Africa
East African bloc struggles to attract foreign investments
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 sells African interests to Banco BTG
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.
JPMorgan: Africa Has Solid Strength in Sovereign Wealth Funds
JPMorgan Asset Management Inc. said that Africa is experiencing a strong growth over its sovereign wealth funds worldwide.
Congo's Inga 3 Project to be built soon
Congo's Inga 3 project has received commitments to be built to address current shortfalls and future rising demand for electricity in Africa.
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Private equity funds completed $1.16 billion worth of deals in sub-Saharan Africa in 2012 Private equity funds completed $1. 16 billion worth of deals in sub-Saharan Africa in 2012, a near 10 percent increase from the previous year, a survey showed on Tuesday.
There is a lot of hype and excitement around Africa as the next hot spot for global investors but what they are quickly learning is that acquisitions do not come cheap.
Africa is the next big thing, just ask Bob Geldof and other private equity bankers.
The Irish rocker made headlines in February when he announced the launch of his $200 million "8 Mile" fund, a sign the Live Aid organizer had turned from promoting debt forgiveness to private enterprise.
