December 3, 2013

Other news

Rise of RMB – China’s yuan becomes world’s second choice for trade

China’s yuan currency, also known as Renminbi (RMB) became the second-most used currency in trade finance in October, according to a story on Reuters.

Capital raising

Africa private equity – $2bn raised in 9 months to Sept

Africa’s private equity funds have reported closing funds with $2bn in investments, according to the industry news source Private Equity Africa, citing data from Preqin …