Tag Archives: transaction
A leading pan-African multilateral development finance institution and project developer, Africa Finance Corporation (AFC), has issued its maiden Sukuk – which the highest-rated Sukuk issuance from an African institution. After attracting high levels of investor interest, the initial target of 100 million USD was more than twice oversubscribed, resulting in the transaction being upsized to 150 million USD and a final order book of approximately 230 million USD. The transaction represents the first Sukuk to be issued by an African supranational entity, and also the first Sukuk transaction in 2017.
Living the FATCA life in Africa: New U.S. tax regulations add to burden of compliance on financial institutions across Africa
“Creating business and market opportunities for Africa’s poor is key to advancing sustainable development in the region.” UNDP Report
CAPE-TOWN, South-Africa, May 10, 2013/African Press Organization (APO)/ – Involving low-income communities in markets and businesses across Africa is essential for economic growth to translate into sustainable development, according to a United Nations Development Programme (UNDP) report released today.
Standard Bank Group has acted as the sole lead arranger for South Africa’s first – and only the world’s third – renewable energy bond for concentrated photovoltaic energy . The R1-billion, 16-year solar financing bond (closed on 29 April), with an 11% coupon was raised for French renewable energy firm Soitec.
Mervyn Goliath, Executive Vice President of Engineering and Operations, Clickatell:”Watch this space … we are geared up and energized!”
Iberian Lawyer brings together a selected group of finance and legal experts at the 3rd Edition of Agenda Africa Forum in London ─ ‘Investment Frontiers: Angola and Mozambique’ ─ to examine trends in the region
LONDON, United-Kingdom /African Press Organization (APO)/ – The appetite for investments in projects, energy and infrastructure in Africa has not decreased despite the economic downturn. Iberian Lawyer brings over 80 experts from the banking, finance and legal sector at Chatham House, London, to discuss the current opportunities and challenges of investing in Angola and Mozambique.
Ahmed Al-Sulaiti, CTO, Qatar National Broadband Network (Qnbn), Qatar is delivering a keynote address on Day Two of Broadband MEA 2013, taking place on the 19th-20th March 2013 at the JW Marriott Marquis Hotel, Dubai, UAE. Ahead of the show we speak to him about why faster speeds are so important and how Qnbn copes with the demands on its network.
What major developments have there been within the broadband industry in your region over the past year?
Pangolin Diamonds Corp. updates shareholders on 2013 kimberlite diamond exploration activities in Botswana
About diamond mining in Botswana
Botswana is the largest diamond producing country in the world by value, supplying 21% of global rough diamond production. It is the location of the world’s two largest diamond mines, Jwaneng and Orapa, and four non-De Beers diamond mines – Gem, Firestone, Lucara and Mantle. Diamonds were first discovered in Botswana in 1959 and the first kimberlites were discovered in 1967. Since then, over 275 kimberlites have been discovered in the country. With a long and well-established Mining Code, Botswana is rated by the Fraser Institute as the best country in Africa for mining. The country has the highest sovereign credit rating in Africa. Since gaining independence in 1966, Botswana has been governed by the Botswana Democratic Party in a multi-party democracy.