Capital inflows into the asset class hit US$25bn last month. “I am not entirely surprised as this “global deflation fear”, the driving theme for global markets is quite supportive for global emerging markets,” said Benoit Anne, head of EM strategy at SG. However, Anne reckons that appetite may dampen with the December Fed meeting approaching […]
Shifting Capital Flows
Private Sector Can Boost Growth in Landlocked Developing Countries
Private sector engagement is key to accelerating development in the world’s 32 landlocked developing countries (LLDCs), said delegates attending an event in the margins of the Second United Nations Conference on LLDCs, currently underway in Vienna, Austria. In his opening remarks to the Business and Investment Forum, Secretary-General of the Conference, Gyan Chandra Acharya, said […]
Investing in Developing Countries
Some of the world’s largest asset management and private equity firms have joined together in a new initiative which may help to unlock billions of dollars for private investment in infrastructure in the developing world. The new initiative, called the Global Infrastructure Facility (GIF), comes in the wake of recent data showing that private infrastructure […]
Africans Open Fuller Wallets to the Future
Across sub-Saharan Africa, consumer demand is fueling the continent’s economies in new ways, driving hopes that Africa will emerge as a success story in the coming years comparable to the rise of the East Asian Tigers in the second half of the 20th century. After seeing years of uninterrupted economic expansion across Africa, governments, analysts […]
Markets of the Once ‘Fragile Five’ Countries Are Now Soaring
The Fragile Five have become the Fantastic Five. Just six months after fears of an emerging-market meltdown rattled world markets, stocks and bonds in the so-called Fragile Five economies — Turkey, India, Indonesia, Brazil and, to a lesser extent, South Africa — have become the primary targets for yield-hungry global investors. According to research from […]
West Africa Secures $19 Billion in Infrastructure Projects with Mostly Arab Gulf Companies
Eight West African nations agreed Tuesday to $19 billion worth of infrastructure deals, with the lion’s share going toward a massive road and railway project by a company in the United Arab Emirates. Abu Dhabi’s Trojan General Contracting won the $16 billion project to build roads and railways across Burkina Faso, Mali and Senegal. The […]
Chevron Increases Support for Niger Delta Partnership Initiative
Chevron Corporation CVX -0.03% announced today that it is increasing its support to the Niger Delta Partnership Initiative ( NDPI ) Foundation. Chevron is committing an additional $40 million over five years to expand a portfolio of programs and partnerships that have successfully promoted economic development, improved the capacity of civil society institutions, and helped […]