Johannesburg Stock Exchange is on the charge
News
Islamic finance has caught the interest of a number of African sovereigns in recent years. But on a local currency level, it has actually been around a while. Standard Bank’s global head of debt primary markets Megan McDonald, shares her insights with EMEA Finance.
Power developer Joule Africa and equity investor AIIM have joined to move into some of Africa’s underdeveloped markets.
Turkey has seen a re-balancing of its political landscape. The economic consequences are more difficult to ascertain. Analysts at BNP Paribas Investment Partners, the asset management arm of the French bank, believe there is likely to be short-term volatility but the long term implications of these results are quite positive.
Pan-African investment bank Ecobank appoints Ade Ayeyemi as its new CEO.
Renewable energy resources do not just have the potential to meet Jordan’s electricity needs but, by 2050, they could provide more than 60 times the country’s energy consumption.
Banks and asset managers are rushing-in to adopt environmental, social and governance (ESG) risk when making investment decisions. They are starting to provide their clients with direct assess to professional advisors who specialise in this area as well.
Egypt’s domestic capital markets have been experiencing something of a resurgence, particularly its stock exchange. Listings started to pick up last year when in May Arabian Cement Company (ACC) tested the market with a US$109mn IPO.
In June, EMEA Finance held a roundtable on environmental, social and governance (ESG) investment. Topics under discussion included the growing threat of ESG-related risk, how to turn knowledge into an investment tool, and what banks can learn from corporates.
In 2008, Abu Dhabi embarked on ambitious plans to create a world-leading sustainable eco-city that would serve as a blueprint for how other cities can accommodate rapid urbanisation while reducing energy output, water and waste. This vision was realised in Masdar City – a city reliant on clean energy generated on-site from rooftop solar technology as well as one of the largest photovoltaic (PV) installations in the Middle East.