Ready, steady Ngozi – for World Bank president
The Economist magazine in support of Ngozi Okonjo Iweala for World Bank President
IFC invests in Côte d’Ivoire’s mining through Sama Resources
The International Finance Corporation (IFC), a member of the World Bank Group, on 20 Dec agreed to invest CAD1,250,000 in nickel and copper exploration through Sama Resources Inc, which will use the funds to advance the Samapleu project in eastern Côte d’Ivoire, near the border with Guinea.
Tunisia Stock Exchange positive on economic prospects
Share prices on the Tunisian Stock Exchange have been moving ahead all November, starting with a positive reaction to the meeting between Rachid Ghannouchi, leader of the Islamist Ennahda party and stock market executives only days after the election and moving forward as the politics progressed well.
IFC to invest up to $700m into new Africa telecoms
The International Finance Corporation plans to invest up to $700 million in new African telecommunications projects in this year and the next, says Reuters.
Bigger role for African Development Bank, considering move back to Cote d’Ivoire
The African Development Bank is playing its role in Africa with skill and is getting more backing from its principal shareholders because of its successes as an African institution. Moving back to Cote d’Ivoire is also on the agenda.
Tunis Stock Exchange seeks to support growth
The Bourse des Valeurs Mobilières de Tunis (BVMT – Tunis Stock Exchange), aims to support role in faster economic growth and has a 5-point development strategy. A share offer in May was 3.2 times oversubscribed.
Private equity evening seminar in London
Top African private equity seminar in London coming up in the evening of 2 June. It is organized by the team at Private Equity Africa and features a big line up of top speakers and networking.