Citigroup Inc. said deals in Nigeria, Africa’s biggest oil producer, have plummeted because investors are too scared to spend money when it’s expected that the naira will have to be devalued.
“I see this as a year of pause,” Miguel Melo Azevedo, Citigroup’s head of investment banking for Africa, who helped sell dollar debt for countries including Nigeria and Morocco, said in an interview in Cape Town. View Original Article Here.
Exx Africa Executive Director Robert Besseling speaks at TXF Africa in Addis Ababa, Ethiopia, on ‘Africa: The Good, the Bad, and the Opportunity’.
With Ethiopia announced as the fastest growing economy in the world (World Economic Forum 2015), TXF is heading to Addis Ababa to deliver TXF Africa 2016: Export, Agency and Project Finance. View the original article here.
Executive Director Robert Besseling speaks on risk mitigation strategies on doing business in Africa.
With Ethiopia announced as the fastest growing economy in the world (World Economic Forum 2015), TXF is heading to Addis Ababa to deliver TXF Africa 2016: Export, Agency and Project Finance.
Taking you to the heart of the fastest growing economy on the continent, TXF Africa 2016 is the definitive event for African export and project finance. Join us in Addis Ababa this February 25th & 26th 2016 and meet with the biggest and most influential exporters, borrowers, MFIs, DFIs, ECAs and commercial financiers doing business on the ground in this region. Focusing on real African issues, this event brings you a truly Pan-African agenda with expert speakers exploring critical themes. View the original article here.
Zambian President Edgar Lungu ordered the police to bring an end to violence in the southern African nation after he accused opposition supporters of attacking people returning from a rally he addressed at the weekend.
Members of the opposition United Party for National Development damaged three vehicles and injured law-enforcement reservists, police said on Sunday. View the original article here.
Dr Robert Besseling is the Executive Director of Exx Africa, a specialised political and economic risk consultancy focused on Africa. In this article he analyses new trends in corrupt practices in African trade and project finance and assesses the impact on foreign investors.
Read the full article as published in the GLOBAL TRADE REVIEW magazine.
Specialist intelligence company Exx Africa has launched a new stream to its suite of business risk intelligence products. Insight Banking Risk now joins Insight Security Planning and Insight Political Risk, which all form part of the company’s online portal providing specialised and commercially-relevant risk intelligence.
“This is the first and only service on the market that analyses political, contract, and reputational risks to the banking sector in all African countries,” reads a statement on the Exx Africa website. “The Banking Risk service provides political, reputational and contract risk intelligence on African banks and other financial institutions to support due diligence and KYC requirements, as well as reputational and political counter-party risk assessments. The service focuses on corrupt practices, political decisions, regulatory changes and contract risks affecting the African banking sector, as well as key economic, sovereign and financial risks.”
Exx Africa Executive Director Robert Besseling will speak at the GTR West Africa Trade & Export Finance Conference in Lagos, Nigeria, on risks to African infrastructure development.
Recognised as the biggest gathering of trade finance professionals in the region, the West Africa Trade & Export Finance Conference will return to Lagos for 2016. View the original article.
The first three HSI32 Interceptor vessels supplied under the controversial EMATUM contract are currently on their way to Mozambique and are due to arrive at Pemba’s Porto Amelia on 1 February.
French maritime news website Le Marin reported on Monday 11 January that the boats were loaded on a Dutch-registered ship called The Delgtracht at Cherbourg, home to the CMN shipyard which is supplying EMATUM and the Mozambican navy with its ships, on 9 January. View the original article.
This content is restricted.
EXX AFRICA, a new specialist intelligence company, has been launched with the aim of providing businesses with forecasts on African political and economic risk, which will assist them in mitigating their risk exposure to the continent’s fast-changing developments in these areas.
