About Money Watch Africa

March 13, 2015

WSJ: China’s CIC Wealth Fund Shifts Focus to Emerging Markets — Optimistic About Africa

CIC Wealth Fund to Invest More in Emerging Markets
China Investment Corp., a $653 billion sovereign-wealth fund, plans to invest more in emerging markets where there is less competition and a greater need for capital. PHOTO: EUROPEAN PRESSPHOTO AGENCY

The Wall Street Journal BERLIN — China’s $653 billion sovereign-wealth fund is looking to invest more in emerging markets, according to an infrastructure investing official at China Investment Corp.

CIC, which has made several high profile investments in the U.S. and Europe in recent years, is targeting emerging countries where there is less competition, more opportunity to tap growth and a greater need for capital, the executive said. Click through the following link to read the full article: China’s CIC Shifts Wealth Fund Focus to Emerging Markets


Nile Capital Management
We Know Africa: From Cairo to Cape Town
For more information please call 646-367-2820

March 6, 2015

Bloomberg: Into Africa - China Plays U.S. in Great Power Game

China, US in Africa Power Game
Source: Brookings Africa Growth Initiative from International Monetary Fund data

Bloomberg - Africa has long been a battleground for world powers. Two giants playing there these days are China, which is spending freely throughout the continent to scoop up resources and tap some of the world’s fastest-growing economies, and the U.S., which is looking to do more business. Both Chinese and U.S. companies expect to profit from their African stakes. The question is whether Africans can win, too. Click through the following link to read the full article: Into Africa - ChinaPlays U.S. in Great Power Game


Investing in Africa
Sources: United Nations Conference on Trade and Development (investments); UN (populations); World Bank (electricity)


Nile Capital Management
We Know Africa: From Cairo to Cape Town
For more information please call 646-367-2820

March 5, 2015

The Financial Times: GE and Philips scan Africa medical market

The Financial Times - Judging by the long and determined-looking queue waiting to meet Samuel Were in London last week, executives from medical equipment companies fully grasp the near-$35bn value that the International Finance Corporation puts on Africa’s healthcare market. Click through the following link to read the full article: 

Financial Times: GE, Philips Scan Africa Medical Market
No electricity, no problem: Philips’s wind-up foetal heart rate monitor

Nile Capital Management
We Know Africa: From Cairo to Cape Town
For more information please call 646-367-2820