This brief was developed by Sofala Partners, an Africa-focused risk and advisory firm Is currency risk the number one challenge for African investors? I. Depreciation and volatility Foreign exchange is arguably the most important part of the risk equation for any business operating in Africa, as demonstrated by the series of material local currency depreciations […]
Category: Perspectives
SunFunder creates flexible solution for Daystar: Deal of the month
SunFunder has adopted an agile approach to finance and foster the expansion of Daystar Power Energy Solutions in Nigeria. Richard Ndem reports from London. Power in Nigeria has been a never-ending conundrum. Despite the unbundling of the Power Holding Company of Nigeria (PHCN) in the previous decade and the subsequent privatisation of the upstream segment […]
Africa Deal Tracker June 2020
In association with African Business Magazine, market leaders in providing country supplements, industry reports and market intelligence on Africa. Find out more + Deal news Rand Merchant Bank – the natural gas partner Mozambique is no stranger to mega-projects, including more recently the development of gas resources offshore. The $4.87bn project financing of the […]
Jersey – Supporting Economic Growth and Job Creation in Africa
By Allan Wood Global Head of Business Development, Jersey Finance European institutional investors are slowing down in deploying their capital, compared to recent years, despite having accumulated record levels of investable wealth. This is due to tighter yields and strong competition in traditional markets, resulting in an increasing appetite among investors to look […]
Confusion over debt relief as private creditors reject moratorium
SPECIAL REPORT: Exclusive to Orbitt readers The G-20 and Paris Club moratorium on loan servicing faces rejection by many African governments that seek more extensive debt relief measures. Meanwhile, private creditors warn that the G-20 proposal risks unnecessary costs and will thwart future access to capital. EXX Africa explains which countries are eligible for […]
The role of tech in levelling gender disparity for deal origination
Deal origination has stayed relatively constant in Africa over the past couple of decades, and private equity firms have reported completing roughly only 1% of the leads they explore. Recent improvements include firms opening offices in key cities, hiring local talent or even consuming and analysing the limited market studies available. Nevertheless, deal origination and […]
Key considerations for doing business: K&S Investing in Africa (Part 2)
King & Spalding LLP is an international law firm representing a broad array of clients, including half of the Fortune Global 100. With more than 1,100 lawyers in 21 offices across EMEA, Asia and the United States, the firm has handled matters in over 160 countries on six continents. King & Spalding is one of […]
Africa lobbies for debt swap to avoid wave of sovereign defaults
SPECIAL REPORT: Exclusive to Orbitt readers Despite rating agency resistance, Africa wants to convert some of its debt into longer-term instruments in order to head off any risk of default. The extreme instance of Zambia demonstrates the urgency for debt distressed African countries to join a continental effort to restructure loans. Without such an […]
How to effectively manage remote employees in Africa
Remote working is currently on the rise in Africa and across the globe. With ROAM Africa announcing its remote working policy recently, it is expected that many other companies will soon follow suit. For companies in Africa, the financial benefits of remote working remain the key motivator for shifting to this work model. While the cost savings […]
Managing cross border risk in times of economic uncertainty
During periods of economic downturn, access to finance becomes a harder task than ever, with traditional lenders tightening purse strings to mitigate increased risks – not least when it comes to cross-border transactions. Yet for smaller businesses operating vital parts of the supply chain, having access to capital during these periods is crucial. As Ben […]