For decades Libya was a ‘pariah’ state, shunned by the international community. In 2004 the doors were flung open and foreign investors were enticed in, promises were made, contracts signed, hopes raised. Four years on however it appears that inertia and backtracking by the Gaddafi administration has set in. Was it all too good to be true after all, asks Nicholas Noe.
Macroeconomic
An agreement could be in sight for the southern African country, which defaulted on its sovereign debt last year.
Following Brexit, the UK may need to sever ties with the European Investment Bank (EIB). But what will that mean for businesses that currently receive essential EIB financing?
Large technology companies are “well placed” to disrupt parts of banking in the long term, though lending and depository activities in the West look to be shielded for now, according to a report from S&P Global Ratings.
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.
As disruptive technology becomes more widespread, ever more Africans are embracing mobile banking services. According to Dr Edward George of Ecobank, we will soon reach a tipping point of mass adoption.
Easy capital market funding for Turkey’s banks and companies both a boon and a worry.
EMEA Finance interview the renowned economist; Jeffrey Sachs.
World Bank president Jim Yong Kim sets out a radical agenda for his second term that will move it away from direct funding towards de-risking projects in Africa to make them more attractive to private capital.
Nigeria made a barn-storming return to the US dollar bond market when it defied expectations and shaky fundamentals to print below 8% yield on a book that almost hit US$8bn.
Nigeria made a barn-storming return to the US dollar bond market on February 9 when it defied expectations and shaky fundamentals to print below 8% yield on a book that almost hit US$8bn.
Investors appear willing to back Egypt’s long-term growth, after the IMF delivered a US$12bn endorsement