Finaltus is a Licensed Investment and Transaction Advisory Firm, based in Nairobi with a wide range of experience in multiple African countries. At Finaltus, we bring vast Knowledge and practical experience from a range of sectors. We understand that Africa is a continent of immense diversity, offering both opportunities and challenges in equal measure with each country possessing its unique characteristics. Finaltus excels in this regard by adopting a versatile approach to investment and corporate finance, providing tailor-made solutions to meet the diverse needs of our clients. We also have a global reach through carefully selected partners located in the leading finance capitals.
Rajan Rosick, Director in Trident Trust’s Mauritius office and Karine Seguin, Head of Business Development – Fund Services, Europe, recently spoke with Africa Global Funds Magazine about Trident Trust’s journey in African Private Equity.
If you’re reading this, there’s a very good chance you’re already familiar with the acronym ESG. Standing for “environmental”, “social”, and “governance”, it’s a constantly evolving standard that emphasises the importance of doing business in a way that positively impacts the environment, society and stakeholders. In essence, it’s the idea that companies can grow and profit while doing good and it encourages businesses to be more transparent about how they add to or create value for their society, community and/or stakeholders.
In Nigeria, Baba ‘go slow’ has been replaced with Bola go-go-go! Aside from an entire reset of central bank policy, Bola Tinubu has done more to advance energy transition in his first month as President than past leaders achieved in decades.
Africa Global Funds’s Anna Lyudvig speaks with Valdene Reddy, Director: Capital Markets at the Johannesburg Stock Exchange (JSE) about the market trends in South Africa, IPOs and technology.
Following a year that was a hard period for most asset classes, 2023 has started with a bang. Global equities are up 13.92% as of 14 February, global property is up 14.04%, emerging markets are up 11.76%, the JSE top 40 are up 10.28%, and even South African government bonds are up 2.82%.
Far from the return to normal that many thought it would be, 2022 presented a whole host of new geopolitical and economic challenges that completely upended the investment landscape. Supply chain issues - already a problem during the COVID-19 pandemic - were aggravated by the war in Ukraine and ongoing tensions between China and the West. Those issues helped exacerbate the kind of inflation not seen for decades. In a bid to curb inflation, central banks around the world have dramatically increased interest rates, effectively bringing to an end to the era of “free money” that followed the 2008 Financial Crisis.
The investment world’s fixation on global inflation and whether we are approaching the peak and heading towards a recession, has many investors sitting on cash, waiting for signals of a better market. Despite this, investing in South Africa presents a convincing opportunity.
At the height of the COVID-19 pandemic, the world was primed for a substantial increase in health and biotech spending and investment. Governments and the private sector alike promised to dedicate funding so that they would be adequately prepared for the next pandemic if or when it came.
The world is beset by extreme inequality. In fact, a study released in December 2021 found that global inequality is at levels not seen since the peak of Western imperialism. And, while we tend to focus on things like income inequality and unequal access to resources, there are also serious levels of inequality in the investment space.
Banks in Nigeria could see reduced earnings, alongside weaker lending growth and asset quality, after the Central Bank of Nigeria (CBN) raised its main monetary policy rate (MPR; repo rate) by 150 basis points (bps) on September 27. The monetary policy committee's latest move not only raises the repo rate to 15.5%, but also banks' cash reserve requirement to a minimum of 32.5% (up 500 bps), amid persisting foreign exchange shortages in the country.
Emerging markets are resilient and better positioned than developed markets to face the current uncertain global environment, according to Franklin Templeton Emerging Market Equity’s Andrew Ness.
The global venture capital (VC) ecosystem is no stranger to the common challenge that female entrepreneurs face – lack of funding. Research by the World Bank shows that for every $1 invested in women, $25 goes to men in the African startup space.
