Finance

South African and Russian financial firms sign agreement to promote business

Gazprombank and Public Investment Corporation will work towards gathering funds for projects in clean energy. (Image source: US Geological Survey/Flickr)

Russian banking major Gazprombank and South African investment manager Public Investment Corporation (PIC) have signed an agreement to promote business between the two countries and facilitate funds for development projects in South Africa

DIFC Courts signs its first guidance memorandum with Kenya

Michael Chang, chief justice of DIFC Courts (left) signs the MoG with Githu Muigai, attorney general of Kenya. (Image source: DIFC Courts)

Dubai’s DIFC Courts has signed its first Memorandum of Guidance (MoG) with the High Court of Kenya to reinforce the UAE’s position as a major economic gateway to East Africa

UAE Exchange eyes Ghana, Nigeria and South Africa

In 2013, UAE Exchange handled US$25.4bn in remittances, 6.1 per cent share of the global volume, and nearly half of that came from the UAE where it has its largest network of branches. (Image source: UAE Exchange)

Money transfer and foreign exchange company UAE Exchange is looking to expand its operations in Africa to include markets like Ghana, Nigeria and South Africa

Risks, returns and resilience across markets

Soula Proxenos, managing partner at IHS. (Image: IHS)

International Housing Solutions and Helios Investment Partners were represented at Private Equity in Africa 2014 and indicated the current management climate for private equity investment in the continent