Tag Archives: Capital

With external borrowing under pressure, African states are redesigning how they fund infrastructure. Capital-market instruments, pooled funds and long-term domestic investors are emerging as central to the continent’s next build-out. SPECIAL REPORT | BIRD AGENCY | African governments are increasingly exploring alternative ways to finance infrastructure, moving beyond conventional external …

OPINION | Ivan Mandela | Aisha Namuddu operates a whole grain store in Kasangati, where she buys and sells maize and coffee from various traders near and far. For the past two years, her business has been growing steadily since the coffee prices became favourable for farmers and traders. But recently, …

Kampala, Uganda | THE INDEPENDENT | Financial and accounting professionals have tipped entrepreneurs on improved transparency, environment and human rights as key to enabling access to needed affordable and long-term capital. This comes as sources of patient capital seem to be dwindling and becoming more selective, hence difficult to acquire, …

MADRID | Xinhua | Spain will recognize a Palestinian state including the Gaza Strip and the West Bank, unified under the Palestinian National Authority and with East Jerusalem as its capital, Spanish Prime Minister Pedro Sanchez announced on Tuesday. Meanwhile, the Israel Defense Forces (IDF) confirmed a “shooting incident” occurred …

Kampala, Uganda | THE INDEPENDENT |  The number 3 most read story on The Independent website in 2023 was the story of Tanzania moving its capital from Dar es Salaam. Tanzania has moved its capital from Dar Share on: WhatsApp

The S&P Global Ratings assigned a AA-rating to the debut transaction, the highest rating for hybrid capital Abidjan, Ivory Coast | THE INDEPENDENT |  The African Development Bank Group has received global recognition for its inaugural hybrid capital issuance, positioning the Bank as a pioneer in innovative sustainable financing. The …

Second Annual Meeting of Africa Sovereign Investors Forum Kampala, Uganda | AGENCIES | African Development Bank Vice President for Private Sector, Infrastructure, and Industrialisation Solomon Quaynor has called for unity to unlock the potential of African sovereign wealth funds, strategic investment funds, pensions, and life insurance assets, estimated at $2.3 trillion. …

Kampala, Uganda | THE INDEPENDENT | Uganda’s central bank hopes to strengthen the country’s financial sector by leveraging on the revised minimum capital requirements. The Bank of Uganda said in a statement on July 06 that it is confident that the attainment and maintenance of the revised minimum capital by financial …

But how ready is Dodoma? Kampala, Uganda | THE INDEPENDEENT | Tanzania designated Dodoma as its new capital in place of the seaside city of Dar es Salaam following a public referendum 50 years ago. Since then, the country has made small steps towards this goal including the relocation of Parliament …

Some lenders have either voluntarily exited the market or offered themselves for acquisitions to meet the new capital requirements Kampala, Uganda | THE INDEPENDENT | Bank of Baroda has got the nod from the Capital Markets Authority to go ahead with the bonus issue to raise capital to meet the new …