More than one in two institutional investors see Africa as the most attractive region to invest in the next decade, with one in three expecting to put at least 5 percent of their portfolios into the continent by 2016, a survey showed on Tuesday.
Scipion Capital CIO Nicolas Clavel meets a community of Silverback Gorilla's on his recent trip to Rwanda.
Bloomberg News reports that European banks, led by those from France and Belgium, seek to sell Persian Gulf loan books to Arab banks to help raise cash as the sovereign-debt crisis drags on.
A new optimism is permeating much of Africa. The past 10 years of unprecedented growth in sub-Saharan Africa has helped fuel this positive attitude even when most of the rest of the world faces global economic crisis.
Recent figures based on the IMF World Economic Outlook of 2011 show that emerging and frontier markets’ share of global GDP (in USD terms) is already 35.2% and on a purchasing power parity basis is almost 50.0%.
After decades of slow growth, Africa has a real chance to follow in the footsteps of Asia
Scipion Capital, the African investment specialist, has expanded its team in Geneva and London in anticipation of new investment and product launches over the next six months.
Scipion Capital, the Africa-focused boutique hedge fund firm, has appointed Chris Jenkins as chief operating officer.
The Financial Times commodities editor Javier Blas reports that the European banking crisis is spilling over into commodities trading with French banks, the main financiers of trading houses, reining in their lending.