More sovereign sukuk on the way
This was the opinion of delegates at the IFM’s summit on Islamic finance - Tim Evershed...
Tag : Africa
Turner & Townsend opens new hub in Kenya
Company is involved in more than 40 projects across Africa July 5, 2016: Global professional services consultancy Turner & Townsend has opened an office in Kenya as the country sees solid economic growth, with the outlook for continued investment in infrastructure and construction. The company is currently involved in more than 40 projects across Africa,...
Atkins to help clients manage uncertainty in infrastructure delivery
Launches new advisory consulting business June 15, 2016: Atkins announced the launch of a new end-to-end advisory consulting business – Atkins Acuity – that will combine the company’s extensive engineering and master planning capability with new structuring, financing and project preparation expertise. This combination will support international finance institutions, governments, and large corporations through the...
World Bank cuts global growth outlook
Move prompted by low commodity prices and sluggish growth in advanced economies IFM Correspondent June 9, 2016: The World Bank has downgraded its 2016 global growth forecast to 2.4 percent from 2.9 percent, which was projected in January. The move was prompted by sluggish growth in advanced economies, low commodity prices, weak global growth and...
‘Many people assume that engineers work in the middle of nowhere’
Naadiya Moosajee is trying to get more African women to study and pursue a career in engineering Miriam Mannak March 3, 2016: GDP-wise, Africa is doing well – with 4.5% growth predictions for 2015 and beyond. That doesn’t take way the fact that the continent is one of the world’s least developed regions in terms...
Dim outlook for Europe in 2016
Challenging political landscape, persistent high unemployment and a weak euro are a few of the challenges Suparna Goswami Bhattacharya February 2, 2016: Europe had been in the news in 2015, not every time for the right reasons though. Grexit, the Volkswagen scandal, migration crisis, Paris attacks were some of the low points which made economists...
Kenya’s betting big on infrastructure
Earlier this year, various organisations placed the East African nation among the fastest growing economies in the world Amoxers Wachira and Veronicah Riba July 10, 2015: Africa has been described as the Dark Continent for many years. However, with economies of a couple of African countries recording growth in recent years, the narrative is quickly...
There’s more to Mauritius than sea and beaches
The Indian Ocean island is consistently ranked as the best place to do business in Africa Suparna Goswami Bhattacharya June 22, 2015: Mauritius brings to mind vision of long sandy beaches with blue ocean waves caressing the shore and outstretched leaves of tall palm trees swingingin the cool breeze. Tourism has always been one of...
Why everyone is talking about Africa
Over the past two decades, Africa has grown from a region dominated by problems, risks, and hazards to one of opportunity and possibility Miriam Mannak February 13, 2015: Up until recently, Africa was a place best avoided. Apart from its natural resources, the continent was deemed pretty much insignificant. This notion has changed fundamentally over...
Investors losing interest in South Africa
Change political mindset to overcome economic constraints, says John Kane-Berman, CEO, Institute of Race Relations Miriam Mannak November 5,2014:It hasn’t been plain sailing for South Africa. Besides slipping on the World Bank’s Economic Freedom Index and the World Economic Forum’s Competitiveness Index, the International Monetary Fund presented a rather bleak economic outlook for Africa’s second...