Oil sector demand push Kenya shilling to 6-1/2 yr low
The Kenyan shilling edged down to a six-and-a half-year low against the dollar on Monday and traders expect it to ease further due to demand for the U.S. currency from oil importers.
View ArticleNigerian vote could bring return of foreign money
Nigerian stocks rose their most in more than one month on Monday to the highest since mid-March as the completion of presidential elections held the promise of renewed inflows of foreign money.
View ArticleInvestment in Africa to reach $150 bln by 2015 -- report
Africa could attract billions of dollars in new investment over the next few years as emerging market investors search for higher returns and foreign perceptions of risk improve, Ernst & Young said...
View ArticleA long way to run for frontier African yields
Kenyan debt yields have spiked sharply higher across the curve in the past week but they remain way below inflation, suggesting foreigners are going to be staying well clear for the time being.
View ArticleKenyan shilling, stocks tumble on global sell-off
The Kenyan shilling extended its tumble to touch a new record low of 93.58 against the dollar on Monday, while the benchmark share index fell 2 percent as the global sell-off of emerging and frontier...
View ArticleCarlos Andres: Discovering Bargain Basement Gold Stocks
If gold equities are on sale, the stocks Carlos Andres follows as publisher of the Frontier Research Report are on clearance. Andres seeks out stocks that have been unfairly pummeled, offering extra...
View ArticleAnalysis: Greek debt enters Argentina-style twilight zone
The prospect of a hefty Greek government debt restructuring and writeoff has sent the bonds into a twilight zone that's attracting specialist distressed-debt traders more used to dealing with defaulted...
View ArticleIndia Finally Opens Door to Supermarket Giants; May Boost Investment
India threw open its $450 billion retail market to global supermarket giants on Thursday, approving its biggest reform in years that may boost sorely needed investment in the country.
View ArticleStock futures signal lower open for equities
Stock index futures pointed to a weaker open for equities on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.3 to 0.7 percent.
View ArticleI Will Personally Burn Down Wal-Mart Outlets: Uma Bharti
Reacting to foreign direct investment (FDI) in retail, Bharatiya Janata Party (BJP) leader Uma Bharti Friday threatened to burn down Wal-Mart outlets if they are established in India.
View ArticleFDI in Retails: Traditional Bazaars Losing Out to Supermarket Giants?
Foreign supermarket giants eyeing India may see rich pickings at New Delhi markets like Karol Bagh, where shoppers must negotiate a plethora of dubious-looking power lines and stinking rubbish piled...
View ArticleNigerian Stock Market to List its First Gold ETF
Nigeria's bourse is to list its first exchange traded fund (ETF) on Monday, a South African gold-backed fund that will broaden the exchange's range of products beyond equities and bonds, the stock...
View ArticleKhartoum bourse woos foreign funds with electronic trade
Glancing at stock market prices scribbled in columns on large white boards, Sudanese broker Maha Abdul-Rahim hopes a new electronic trading system will bring more money to the Khartoum Stock Exchange.
View ArticleMyanmar's Aung San Suu Kyi Calls for Constitutional Changes
Awaiting the "Great Transformation": Myanmar opposition leader Aung San Suu Kyi called on Sunday for changes to the military-drafted constitution in her first political trip since ending a boycott of...
View ArticleEgypt telecom tycoon Naguib Sawiris eyes new horizons
Egyptian telecoms magnate Naguib Sawiris wants to get back on the acquisition trail, eyeing businesses in Europe, the Middle East and Africa after selling a chunk of assets to Russia's Vimpelcom.
View ArticleVietnam's volatile stock market draws money, needs depth
Vietnam is hoping that falling inflation and rising global risk appetites will spur sustained interest in the country's small stock market, a frontier where many pioneers have been burned.
View ArticleSuu Kyi Elected; Party Claims Myanmar Landslide
Burmese pro-democracy leader Aung San Suu Kyi won a seat in parliament Sunday, as her National League for Democracy claimed a near-sweep in historic by-elections that will test Myanmar's reform...
View ArticleJapan to forgive Myanmar debts, restart loans
Japan has agreed to forgive Myanmar 303.5 billion yen ($3.72 billion) in debt and overdue charges, and resume development loans to the Southeast Asian country, the two nations said on Saturday, in a...
View ArticleGlobal ad group WPP bets on Myanmar as sanctions lifted
WPP has become the first foreign advertising group to invest in Myanmar since Western sanctions were lifted, betting on a flood of demand from multinational companies wanting to market their goods and...
View ArticleGroup seeking to buy EFG Hermes to appeal to regulator
Shareholders of Egyptian investment bank EFG-Hermes <HRHO.CA> voted on Saturday against a group of investors seeking to buy the bank, but the investors will appeal to Egypt's regulator to suspend...
View ArticleAnalysis: Greece may still become an emerging market - again
Greece is still at risk over the long term of becoming the first economy to be relegated from developed to emerging market status within investment indices, even if it has fended off any immediate exit...
View ArticleEx-bankers go solo in the Gulf
After a 16-year career at Morgan Stanley <MS.N> Lebanese-born banker May Nasrallah detected a gap in the Middle East market for advising small companies, prompting her to leave the bank and set...
View ArticleBig Game Hunting: Investing in the Philippines
People often ask me where I find my off-the-beaten-path ideas. One of the best ways I've found is to travel and meet with fellow investors. They can be your bird dogs to emerging opportunities.
View ArticleWoods Targets 'Great Year'
People often ask me where I find my off-the-beaten-path ideas. One of the best ways I've found is to travel and meet with fellow investors. They can be your bird dogs to emerging opportunities.
View ArticleBlackRock launches "frontier market" fund with global reach
BlackRock Inc <BLK.N> has introduced an exchange-traded fund that invests in "frontier markets", or small countries that do not qualify yet as emerging markets.
View ArticleWorld Bank chief Kim signals changes to come
The head of the World Bank said on Thursday he is preparing broad reforms at the development lender to make it more effective in ending global poverty and will discuss the changes with member countries...
View ArticleStratex Chairman Christopher Hall Q&A: Group Eyes up Gold Opportunities [VIDEO]
Exploration and development company boss tells IBTimes UK about project opportunities in West and East Africa
View ArticleGhana hopes to shield economy from African oil curse
Oil brought riches to Nigeria but also ravaged its economy and fuelled corruption and conflict. Now nearby Ghana has begun production and wants to take the wealth but dodge the oil curse.
View ArticleBuilding Business Abroad: Salamanca Group's Heyrick Bond Gunning on...
Former Head of Kidnap for Ransom at Kroll tells IBTimes about expanding businesses in the world's most risky areas
View ArticleAccountants Must Do More to Help SMEs Manage FX Risk
ACCA's Emmanouil Schizas says as more SMEs doing business abroad, not all are properly managing forex risk.
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