emeafinance News - May 2010
New development partnership for Africa
Institutions encourage private sector investment.
Deutsche: Funding available for green projects
Industry needs to show private sector there's money to be made in climate change, says bank.
Islamic finance case could shape industry
Blom vs Investment Dar is a "material development", says Moody's.
Cresta Marakanelo prepares for IPO
Botswana hotel operator plans stock market listing next month.
African oil and gas buoys global groups
Players with regional exposure outperform those without.
Mixed outlooks for MENA
Oil exports should rebound, but banking troubles remain, says IMF.
Taqa refinances CND$1.3bn
Energy company uses new funds to develop North American interests.
DIB launches Islamic Certificate
Islamic bank provides two-year investment through RBS.
AfDB's Kaberuka to be re-elected
Tripling of the bank’s resources also on the agenda at annual meeting.
Development agency raises US$200mn
African projects to get financial backing following AfDB agreement.
Automotive groups turn to emerging Europe
Region is increasing its share of production, notes UniCredit.
Mid Europa makes Energy 21 move
Private equity firm to fund solar park developer’s growth.
CEE exchanges attract international investment
Vienna, Budapest, Ljubljana and Prague saw upturn last year.
MerchantBridge promotes Iraq to UK investors
Firm plans to attract US$40mn for cement plant investment.
Export Trading secures US$120mn
Banks approve new funds for Tanzanian agricultural supply chain specialist.
Competition rises for green project backing
Countries as well as sponsors compete for funding now, says energy group director.
Mirow: Emerging Europe must find new sources of growth
EBRD president points to "prolonged and patchy" recovery in speech at annual meetings.
Petri Kivinen joins Morgan Stanley
New MD for fixed income capital markets team serving emerging markets.
Standard appoints East Africa insurance head
Mike du Toit to lead Liberty’s operations in East Africa following demerger.
European fund raises new capital
Resource Partners welcomes investments from AXA, EBRD and Rabobank.
Shanduka agrees Incwala deal
Lonmin offers US$309mn loan to save black empowerment partner.
Saudi Electricity raises US$1.9bn
State utility issues third bond since 2007 to fund growth.
Capital inflow challenge for emerging Europe
IMF sees "moderate and uneven recovery" in coming years.
Ex-Abraaj director launches Mulverhill Associates
New MENA investment and consultancy fund established.
New climate fund launched
European institutions to encourage investment in climate projects.
Anglo American sells zinc business
South African miner agrees US$1.3bn deal with India’s Vedanta.
ADCB and RBS hold deal talks
Abu Dhabi bank could buy UK institution’s UAE retail banking assets.
EBRD president announces growth plan
Mirow outlines how emerging Europe can meet this year’s challenges.
Citadel Capital highlights African investment opportunities
Private equity firm says demography is continent’s “engine of growth”.
Standard Bank launches new Islamic products
Bank introduces two offerings to serve Tanzanian market.
New emerging markets research division at BAML
New hires as bank joins economics and fixed income teams.
AfDB funds environmental project
Bank finances development of African observation centres to track effects of climate change.
Morgan Stanley to open Poland office
Financial giant announces Warsaw branch to serve Eastern Europe.
EIB backs Hungarian power project
MVM will use €150mn loan to extend electricity transmission network.
Dubai Financial Market elects new chairman
Yousef heads new board as regulation forces chairman/CEO split.
Renaissance close to BJM Securities deal
Russian investment bank to add broker to its South African business.
Gazprom may tap eurobond market
Analysts say Russian group could raise new funds within months.
Euroclear confirms new divisional director
Former Accenture partner joins settlement services group.
