Standard Chartered
Source: Standard Chartered |

Improving digital access offers greatest private-sector investment opportunity in achieving the SDGs in Africa, says Standard Chartered

The study examines the most impactful opportunities for investing in three infrastructure-focused SDGs in five high-growth markets in Africa

Opportunity2030 study reveals an almost USD200 billion private-sector investment opportunity in contributing to the UN Sustainable Development Goals (SDGs) in five African countries; The study examines the most impactful opportunities for investing in three infrastructure-focused SDGs in five high-growth markets in Africa: Ghana, Kenya, Nigeria, Uganda, Zambia. Opportunity2030: The Standard…

African Energy Chamber
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Source: African Energy Chamber |

Atlantic Methanol Production Company to create a methanol-to-gasoline and derivatives unit to further monetize domestic gas produced in Equatorial Guinea

Atlantic Methanol Production Company (AMPCO) is part of a series of foreign investors planning to increase their investment in Equatorial Guinea this year

The Atlantic Methanol Production Company (AMPCO), which runs one of Africa’s largest methanol plant on Bioko Island in Equatorial Guinea, has decided to support the ongoing Year of Investment initiative and invest in the expansion and diversification of the country’s downstream sector. This was discussed during a meeting in Malabo…

Source: African Development Bank Group (AfDB) |

African Development Bank President Akinwumi Adesina opens trading on London Stock Exchange

“My ringing of the bell here today, marks the beginning of a new exciting, strategic, and impactful engagement.” – African Development Bank President Akinwumi Adesina

Don Robert, Chairman of London Stock Exchange Group, welcomed the president of the African Development Bank (https://www.AfDB.org/) to open markets for trading at London Stock Exchange on Wednesday 22 January. The reception in London followed the African Development Bank’s Africa Investment Forum, held in November last year. The innovative market-place…

Source: Bizcommunity |

Afro-disruption: 6 reasons to book for BizTrendsLIVE!2020

BizTrendsLIVE!2020 is where a new vision for Africa becomes reality

Afro-disruption and Afro-centrism will be trending when Bizcommunity in association with Ster-Kinekor and Kantar, bring you BizTrendsLIVE!2020, on Thursday, 30 January 2020. 1. A new vision of Africa 2020 BizTrendsLIVE!2020 is where a new vision for Africa becomes reality. Eight speakers, a 360 perspective, from London to Lagos, Senegal to…

CredoLab
Source: CredoLab |

Raising banks’ Loan to Deposit Ratio while minimising risk

The loan-to-deposit ratio (LDR) is used to assess a bank's liquidity by comparing a bank's total loans to its total deposits for the same period

In developing economies, the key to socio-economic growth is access to finance, but the challenge is to increase loans to individuals and SMEs without suffering the fall-out of bad debt. The Central Bank of Nigeria (CBN) increased the minimum loan-to-deposit ratio (LDR) of commercial banks from 60 percent to 65…

Source: African Development Bank Group (AfDB) |

Ride the wave of the African Continental Free Trade Area, African Development Bank president Adesina Urges United Kingdom (UK) investors

The Bank’s chief argued that Africa and the UK should be significant trading partners

Africa is on the cusp of unmatched economic transformation, and the UK must engage in a “partnership of change,” African Development Bank (https://www.AfDB.org/) President Akinwumi Adesina said Tuesday in a keynote address at a UK Parliamentary Symposium. “The Africa of the 21st century is very different. The Africa of the…

Source: IT News Africa |

Controversial Author and Co-founder of “Africa’s Amazon” to deliver keynote at Digital Retail Forum, Johannesburg

Founder of Africa's answer to Amazon joins Digital Retail Forum 2020 (DRF2020) as Keynote Speaker

Marek Zmysłowski, Polish-born entrepreneur focused on online businesses in Frontier and Emerging Markets, has been confirmed as a Keynote Speaker at the Digital Retail Forum 2020 (https://DigitalRetailForum.co.za/) — taking place on 29 January at Emperors Palace in Johannesburg, South Africa. #DRF2020 (https://DigitalRetailForum.co.za/) aims to bring together more than 200 retail industry leaders…

Source: African Development Bank Group (AfDB) |

Keynote Speech delivered by Dr. Akinwumi A. Adesina at the UK-Africa Investment Summit, “Sustainable Infrastructure Forum”

The Department for International Development (DFID) is a key strategic partner of the African Development Bank

By Dr. Akinwumi A. Adesina Good morning everyone! It’s a pleasure to join you at this special side event organized as part of the UK-Africa Investment Summit. Let me congratulate the organizers, the Department for International Development (DFID) and Her Majesty’s Trade Commissioner for Africa for hosting us today. The…

Source: African Development Bank Group (AfDB) |

British Prime Minister, African Leaders urge Investors to accelerate Economic Role on the Continent

The UK-Africa Investment Summit, the first of its kind hosted by the UK Government, was attended by the foreign secretary, Dominic Raab, the international development secretary, Alok Sharma, and Prince Harry

UK companies must leap at the chance to deepen economic ties with Africa, a continent with unmatched investment opportunities, several African leaders said at a high-level panel. At an oversubscribed opening ceremony for the 2020 UK-Africa Investment Summit, Monday, attended by dignitaries and delegates from 16 African countries, including President…

Source: United Kingdom Foreign and Commonwealth Office |

Support for businesses in the UK and Africa to develop trade and investment links

The UK announced the Growth Gateway - a service to help African, UK and other international businesses trade with and invest in each other - at the UK-Africa Investment Summit in January 2020. The service The service will help businesses access the UK government’s trade, investment and finance offer for…