As political uncertainty continues, fears that fundraising opportunities will worsen in the private equity (PE) industry have increased, according to our recent industry report. Based on a survey of over 120 fund professionals globally, our research shows that despite the industry remaining resilient overall, fund managers will need to prepare for an increasingly competitive environment. […]
Month: May 2019
Dubai’s economic growth will accelerate in 2019 and 2020
Government initiatives continue to support economic expansion in the emirate Dubai’s economic growth will accelerate in 2019 and 2020, with tourism, logistics, transport, wholesale and retail sectors replacing the real estate as main growth driver next year, official data showed. Data released by Dubai Economy on Sunday showed that Dubai’s GDP grew 1.94 per […]
Is South Africa establishing itself as a global crypto hotspot?
Former FNB chief executive officer (CEO) Michael Jordaan knows a thing or two about financial services, so his angel investments in the fintech space are worth paying attention to. Among other things, he backs South African crypto startups, and says he sees increasing value in the space. “As in the rest of the […]
Mauritius based insurer to invest Sh3 billion in Kenya
Mauritius based financial services provider Mauritius Union Assurance (MUA Ltd) has set aside Sh3 billion ($30 million) for investment in its business in Kenya. In a statement, the largest insurance company in Mauritius in terms of market capitalisation – at Sh9 billion ($90) million said this would be the company’s single biggest investment […]
Mauritius maintains appeal for investment managers focused on Africa
DURBAN – Not just the ultimate holiday stop, Mauritius is also a preferred jurisdiction for fund managers looking to establish African-focused funds. A scenic island off the coast of Africa, Mauritius’ main competitive advantage is its proximity to the jurisdictions that African-focused funds invest in, but it is also business oriented and regulation […]
