Battle for influence in African infrastructure lending

Battle for influence in African infrastructure lending
China and United States to battle for influence in African infrastructure lending
 
New research from global law firm Baker McKenzie with data provider IJGlobal shows that development finance lending from state-backed institutions is the most important component of infrastructure funding in sub-Saharan Africa. The battle for influence on the continent
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CHINA OFFERING US$60bn IN FINANCING FOR AFRICA

CHINA OFFERING US$60bn IN FINANCING FOR AFRICA

China to support African development with US$60 billion

China president Xi Jinping yesterday said the Chinese government will be financing Africa with US$60 billion. He added that Chinese companies will also  invest  at least US$10 billion over the next three years. He made this statement at the opening ceremony of  …

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AfDB AWARDS BEST AFRICAN FINANCE MINISTER TO GHANA

AfDB AWARDS BEST AFRICAN FINANCE MINISTER TO GHANA

Ghana Finance Minister receives African Finance Minister of the year award.

At the annual meeting of the African Development Bank (AfDB) in Busan, South Korea, Ghana’s Finance Minister, Ken Ofori-Atta was named African Finance Minister of the year.

This award is in recognition of the recent positive performance of Ghana’s …

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South African software developers are in high demand

South African software developers are in high demand

South African software developers that service the financial sector are in high demand locally and internationally as they capitalize on expertise gleaned from operating in one of the most sophisticated banking and advanced mobile tech environments in the world.

The country’s highly progressive banking system, good technical skills, mobile know-how …

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