South Africa’s Public Investment Corporation (PIC) is planning to branch into the broader African continent with hope to invest almost $670 million (R5billion) outside its local markets, according to reports. more
All stories in “Other Headlines”.
-
Demographics:The investment case for Africa
Pieter de Wet, head of research at Novare Equity Partners discusses how Africa’s comparably younger demographics offer a strong platform for investment. more
-
EmVest gets funds from Truestone
EmVest has received an undisclosed commitment from Truestone Impact Investment Management for its $500million Emergent African Land Fund. more
-
Sub-Saharan Africa: Recovery and New Risk
Sub-Saharan Africa’s recovery from the crisis-induced slowdown is well underway, with growth now back fairly close to the high levels of the mid-2000s. The region’s output expanded by 5% in 2010 and is projected to grow by some 5.5 % in 2011, in line with 2010 projections . more
-
Carlyle returns $15bn to backers
Carlyle returned a record $15billion to investors during the first nine months of 2011, according to a Financial Times report. more
