Africa Foreign Investment Expected to Hit $80 Billion

See on Scoop.itCentre for Dynamic Markets

South Africa and Nigeria are the top receivers of foreign investment in Africa where foreign contributions are expected to reach $80 billion this year

GIBS Information Centre / GIBSIC‘s insight:

Investments Africa – 

The U.S., the U.K. and France still lead the foray. The three countries combined were holding the biggest stock in Africa investments in 2012 -when the latest data is available for- totaling $178.2 billion. The so-called Brics countries -Brazil, Russia India, China and South Africa- collectively held investments worth $67.7 billion of which $27.7 billion were Chinese. – 

See on afkinsider.com

Phenomenal Growth Expected In Nairobi’s Commercial Real Estate Market

AFRICANGLOBE – Kenya’s capital Nairobi will continue to experience “phenomenal” growth in the commercial real estate market as the entry of multinationals, growth of local enterprises and an expanded government push demand for office space.

GIBS Information Centre / GIBSIC‘s insight:

Nairobi–  “One such investor is London-based private equity firm Actis which expanded its Nairobi Business Park development in 2012 and began work on Garden City, a mixed use development that will host the region’s largest retail centre and residential and office estate.

“The Kenyan property market is very vibrant. Capital appreciation is high in Kenya and there are good returns in terms of yields. That is why you are seeing a lot of international players coming in,” says Gitonga.  In recent years corporate firms have relocated from the CBD into suburbs such as Upper Hill, Kilimani and Westlands to evade the city’s infamous traffic jams.  For instance, emerging business district Upper Hill hosts the World Bank, Equity Bank Group head office, Coca-Cola East and Central Africa office headquarters, the World Health Organisation, British High Commission and Embassy of Japan.”

See on www.africanglobe.net

GE, Bombardier Among Winners of $4.7 Billion Africa Deal

Transnet SOC Ltd., South Africa’s state-owned ports and rail operator, picked four companies to supply new locomotives as part of a $4.7 billion investment to renew its aging fleet and boost capacity.

GIBS Information Centre / GIBSIC‘s insight:

rail infrastructure – ” More than two-thirds of Transnet’s capital expenditure will be used to renew and expand the company’s freight-rail infrastructure. The new locomotives, to be deployed on the general freight lines, will cut the average fleet age to 22 years from 33 years.

Domestic Manufacturing  –   South Africa has general transportable freight of about one billion metric tons a year, including commodities, Gama said in an interview today. The unit is targeting a freight market share of 25 percent by 2022 compared with 15 percent now.

“It’s a game changer for us,” Gama said. “It is going to assist us tremendously not only in road-to-rail strategy, but also helping with building South Africa’s industrial capacity.”

To create jobs and develop expertise, South African state-owned companies in the past favored suppliers who committed to manufacturing major parts of their offerings domestically. The investment is expected to contribute over 90 billion rand to the local economy and create about 30,000 direct and indirect jobs, Molefe said.

GE, based in Fairfield, Connecticut, already built 143 locomotives for Transnet at a South African factory, according to the rail operator. The Export-Import Bank of the U.S. backed a 1.1 billion-rand loan to Transnet to pay for the engines, the company said in September. Transnet in 2012 also agreed to pay CSR Zhuzhou 2.6 billion rand for 95 locomotives.  The contract awards will help Transnet in being a supplier of locomotives to the African region, according to its CEO.

See on www.bloomberg.com

After BRICs, Jim O’Neill says invest in the MINTs

British economist Jim O’Neill is now looking to Mexico, Indonesia, Nigeria and Turkey, collectively MINTs, as emerging markets with great potential.

GIBS Information Centre / GIBSIC‘s insight:

BRICs, MINTs – investment:


All have young labour forces, which gives them the demographics to power growth over the next 20 years,”

See on www.cbc.ca

Why does this investment guru say emerging markets are worth the risk?

As executive chairman of Templeton Emerging Markets Group, Mark Mobius has connected the dots allowing international investment in foreign markets.

GIBS Information Centre / GIBSIC‘s insight:

Mark Mobius– “More recently, as investors move away from emerging markets, Mobius remains confident in the long-term value of emerging market investing. In a Jan. 30 blog post he explained, saying:

“The bottom line for emerging markets, as I see it, is that the long-term investment case hasn’t dramatically changed. And I don’t see it changing as long as these three themes remain in place: emerging markets’ economic growth rates in general continue to be at least three times faster than those of developed markets; emerging markets have much greater foreign reserves than developed markets; and the debt-to-GDP ratios of emerging market countries generally remain much lower than those of developed markets.”

See on www.smartplanet.com

Big Investors Want Small Changes In Japan – World News Report

The most comprehensive geo-political news service available on the Internet, covering over 263 countries and regions, all U.S. States and Industries.

GIBS Information Centre / GIBSIC‘s insight:

Japan, investments – ““I think what Mr. Abe needs to do is actually to be a bit more realistic about the difficulty of getting things done in Japan or any country or any big organization,” said Fidelity Worldwide Investment head of equities for Japan, Alexander Treves, who oversees about $23 billion of Japanese investments.”

See on world.einnews.com

World bodies to fund development in Sahel countries | The BRICS Post

Helping such countries will be a critical new initiative for the United Nations, World Bank group and the European Union over the next several years, a spokesperson for the UN Secretary-General Ban Ki-Moon said on Monday.

GIBS Information Centre / GIBSIC‘s insight:

Poor infrastructure –  “The Sahel region, a belt dividing the Sahara desert to the north and the Savannah to the south, is a drought-prone area that is home to 80 million people from Mauritania to Eritrea, including Burkina Faso, Chad, Mali, Niger, Nigeria, Senegal and Sudan.  –  Helping such countries will be a critical new initiative for the United NationsWorld Bank group and the European Union over the next several years, a spokesperson for the UN Secretary-General Ban Ki-Moon said on Monday.  –  The World Bank Group pledged $1.5 billion to assist the above countries develop safety nets in the face of global economic crises, prepare for natural disasters, and improve existing infrastructure.”

See on thebricspost.com

The geopolitics of African resources: China plotting to tap them in new, ‘de-Americanized world’ | World Tribune

GIBS Information Centre / GIBSIC‘s insight:

China, Africa – geopolitics : “On Oct. 13, 2013, the official Xinhua news agency published an official commentary stating that “it is perhaps a good time for the befuddled world to start considering building a de-Americanized world”. The commentary surveyed the “abuse” the entire world had suffered under U.S. hegemony since World War II. The situation had only aggravated since the end of the Cold War, Xinhua argued. “Instead of honoring its duties as a responsible leading power, a self-serving Washington has abused its superpower status and introduced even more chaos into the world by shifting financial risks overseas.” To further its own unbridled ambitions, the U.S. stoked “regional tensions amid territorial disputes, and fighting unwarranted wars under the cover of outright lies”, Xinhua explained.   –   The Xinhua commentary warned that with U.S. society and economy collapsing, Washington was now tempted to intensify the abuse of the rest of the world in order to save the U.S. “Such alarming days when the destinies of others are in the hands of a hypocritical nation have to be terminated. A new world order should be put in place, according to which all nations, big or small, poor or rich, can have their key interests respected and protected on an equal footing.” Xinhua concluded by suggesting that the PRC, being inherently a developing country, is the rising power best suited to lead this global transformation and de-Americanization.”

See on www.worldtribune.com