The Financial Sector Forum
Region and International
IFC boosts lending to Africa
14 May. IFC boosts lending to Africa. By Reuters Dakar – The World Bank’s investment arm will increase lending to sub-Saharan Africa by up to a quarter this year as private sector companies flock to the fast-growing region, its vice-president said. Jean-Philippe Prosper said the International Finance Corporation (IFC) would make new investments of between … Continue reading
Bank rules ‘restrict Africa growth
May 14. Bank rules ‘restrict Africa growth. By Ann Crotty. Global banking rules such as Basel 3 were making it difficult for banks in Africa to provide services to the public and were consequently restricting the continent’s potential to develop, delegates attending the World Economic Forum on Africa were told last week. V Shankar, the … Continue reading
Time for Africa to seize the moment
May 11. Time for Africa to seize the moment. The global consensus is that this is an exciting time for Africa. Investors are scouring the continent looking for opportunities to extract value from what is considered the world’s last frontier of growth. There is a genuine optimism that Africa can be transformed in this generation, … Continue reading
World Economic Forum in Cape Town more than a talk shop
10 May. World Economic Forum in Cape Town more than a talk shop. by Manoah Esipisu. The right badge means you get in through the right door, mingle with the right people, eat from the right zones and, generally, get things done right. The wrong badge, such as one that states “reporting media”, means restrictions … Continue reading
‘Unbeatable’ growth path to lift Africa
08 May. ‘Unbeatable’ growth path to lift Africa, says Gordhan. Africa is on a “potentially unbeatable” growth and development path for the next two decades, and will increasingly attract global investment, says Finance Minister Pravin Gordhan. Co-operation among Africa’s 54 states would be crucial in boosting the region’s overall annual growth rate to the 7% … Continue reading
Africa is hope of the world
Africa is hope of the world, says Gordhan. Cape Town – Africa brings a glimpse of hope to the unstable global economy, Finance Minister Pravin Gordhan said last Monday. “Our continent is viewed as one of the great hopes for the world’s collective future,” he said in Cape Town. “The IMF (International Monetary Fund) projects … Continue reading
South African Financial Market Infrastructures
11 Sep. The importance and development of sound Financial Market Infrastructures to position South Africa in SADC, BRICS and Worldwide”. Address by Deputy Governor Daniel Mminele at the SWIFT Business Forum, Johannesburg, September 2012. Introduction … Why is BRICS important? … The importance of Financial Market Infrastructure I will now turn to the topic of … Continue reading
A sticky spell for the emerging world
Emerging markets: The great slowdown. A sticky spell for the emerging world carries warnings for its long-term growth. In the past decade emerging markets have established themselves as the world’s best sprinters. As serial crises tripped up America and then Europe, China barely broke stride. Other big developing nations paused for breath only briefly. Investors … Continue reading
Stop the Afro-pessimism, says Zuma
14 Apr. Stop the Afro-pessimism, says Zuma, President Jacob Zuma tells business conference that Africa is entering a new era of trade and investment. Africa is poised for economic success, but its people need to stop being pessimistic about its chances, President Jacob Zuma said on Wednesday. “We need Africans to stop being pessimistic about their continent … Continue reading
Amid the Africa hype, a contrarian view
A growing number of optimists say Africa’s economies are set for take-off and decades of Asian-style growth. A new book takes a more sober assessment of Africa’s future based on its past and skewers many projections as bug-eyed, wild and divorced from the region’s history. In “Africa’s Future: Darkness to Destiny,” author Duncan Clarke argues … Continue reading
Please Help
PLEASE HELP US TO IMPROVE OUR INFORMATION CONTENT AND CONTINUE THE SERVICE
If you found the information on this website useful and if you or your company would like to see it expand please click on DONATE. Thanks on behalf of the Financial Regulation Forum and the Financial Sector Forum - the Editor.
