Jordan’s renewables sector on the rise

Over the last few years, Jordan’s solar and wind capacity has increased substantially, with a wave of projects in the pipeline. But in a country so reliant on imported oil, what impact are renewables really making? Abi Millar reports. 

Lebanese startups get a head start

Lebanon’s startups got a long-awaited capital injection from a central bank initiative designed to send financing lines to the country’s newest companies, and four years after its inception, bankers say that Circular 331 has changed the landscape of the country for early investment.

Azerbaijan: Bouncing back from the brink

Azerbaijan is still in recovery mode after the sharp drop in oil prices sent the economy and banking sector reeling, but the country’s corporate borrowers are investing again and banks are predicting big growth to loan books.

Even tanks can’t dent Turkish appetite

Macroeconomic risk has ramped up in Turkey this year after the country’s ground troops entered a Kurdish enclave in Syria, and while the primary financial markets have shrugged off the action, there are cracks starting to show below the surface that indicate there might be economic struggles ahead.

Appointment news | Citi

Michela Ferrulli, the new head of equities sales and sales trading for CEEMEA, is the latest addition to a fast-changing team as the bank redoubles its focus on equities. 

CEE & CIS news

Hungary returned to the Samurai bond market after more than a decade’s absence, and the newly investment grade rated sovereign left plenty of demand from Japanese investors on the table to rebuild its curve.

Europe news

As the successor to the Marguerite Fund, which is now fully invested, the new fund will predominantly target greenfield infrastructure investments across Europe.

Middle East news

Islamic banks in the Gulf Cooperation Council area have been enjoying ratings upgrades, reducing real estate exposures, and upping their lending to individuals and firms, according to a new report by Moody’s Investors Service.

Africa News

Senegal and the Ivory Coast visited the euro markets for bonds in the first quarter, with investors demanding increasingly chunky spreads in order to successfully break new ground in the currency.

Project Finance News

The Coral South Floating Liquefied Natural Gas (FLNG) project could have huge benefits for the troubled Mozambican economy, says Standard Bank, one of its lenders.