How British International Investment is supporting African businesses

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 92%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

SMEs are the life source of employment in Africa, and BII is helping to finance them

Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.

We also provide trade finance lines through a number of the pan-African banks which are utilised by SMEs across the continent such as our $100 million risk-sharing facility with Citi Bank to support local businesses in frontier and developing economies. What challenges and risks do you foresee in the African market, and how does BII navigate and mitigate them?

Overall, the cost of capital has escalated around the world, particularly in the last 18-24 months. In Africa particularly, the cost of doing business remains prohibitive in parts of the continent and this is mainly because of the lack of basic infrastructure such as paved roads, electricity, transparent framework etc. Currency devaluation and therefore related risk have also constrained opportunities for exits in investments.

Political risk remains in sharp focus, but by leveraging the deep local partnerships I just referred to, we can better manage risks that present themselves. This helps us respond to and design innovative platforms to boost investment, for example in clean energy such as Globeleq, and Gridworks. Our investment tool kit includes equity, debt, guarantees, syndication models, and capital market instruments such as bonds.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 2. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Africa: Kenya's Ruto Urges Africa to Cut Aid Reliance, Boost Healthcare InvestmentKenya's President William Ruto called for Africa to reduce its reliance on foreign aid and push for self-reliance in healthcare at the launch of a new financing program aimed at transforming the continent's medical sector.
출처: allafrica - 🏆 1. / 99 더 많은 것을 읽으십시오 »

African leaders in Beijing eyeing big loans and investmentChina has expanded ties with African nations in the past decade, furnishing them with billions in loans that have helped build infrastructure but also sometimes stoked controversy by saddling countries with huge debts.
출처: eNCA - 🏆 49. / 51 더 많은 것을 읽으십시오 »

Ramaphosa meets Elon Musk in US for R2 trillion investment drivePresident Cyril Ramaphosa recently met with South African-born billionaire Elon Musk during his trip to the United States, where he is spearheading a R2-trillion investment campaign.
출처: CapeTownEtc - 🏆 17. / 63 더 많은 것을 읽으십시오 »

For an effective savings and investment strategy, balance is keyA balanced savings and investment portfolio is essential for long-term financial health, covering an emergency fund, savings for short- and medium-term goals and long-term investments.
출처: TheSAnews - 🏆 25. / 59 더 많은 것을 읽으십시오 »

Everest Wealth’s alternative investment strategy offers stability amid South Africa’s economic challengesEverest Wealth, a private investment firm, is pivoting to private equity and alternative investments to provide stability and growth during these challenging times.
출처: mybroadband - 🏆 11. / 67 더 많은 것을 읽으십시오 »

Coalition government triggers wave of investmentSouth Africa’s coalition government has triggered a wave of investment announcements and positive sentiment not seen in years.
출처: TechCentral - 🏆 8. / 71 더 많은 것을 읽으십시오 »