Tag Archives: Sub-Sahara Africa

World Bank says Sub-Saharan Africa to record modest recovery in 2017

Sub-Saharan Africa

The World Bank has projected that Sub-Saharan Africa would record modest economic growth recovery of 2.4 percent in 2017 after the region grew by just 1.3 percent in 2016. In its new Africa’s Pulse, a bi-annual analysis of the state of African economies, the World Bank, however, warns that the pace of the recovery remains sluggish and will be insufficient ...

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US$300m Sub Sahara Africa Investment firm launched

investment

Leading independent alternative asset manager Capitalworks Group has launched Africa Capitalworks, an investment company that will deploy permanent equity capital in mid-market companies in strategically selected sectors across Sub Sahara Africa (excluding South Africa). Africa Capitalworks aims to raise US$300 million and has already secured early support and substantial investment, including from CDC, the UK’s development finance institution, and the ...

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