BusinessExecutives

Fri,17Aug2018

Executives

New capacity to finance big-ticket projects -

Phillips Oduoza - Managing director, United Bank for Africa Group. Photo©UBAAfter the crisis in the Nigerian banking sector in 2008 and 2009, UBA's capital base has grown sufficiently to fund projects in areas such as electricity and oil and gas.

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New fund to focus on partnerships

Emile du Toit - Head of infrastructure investments, Harith General Partners. Photo©HArITH GeNerAl PArTNerSHarith plans to close a new fund with up to $700m before the end of the year to make investments in public-private infrastructure projects.

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Head of South Africa power utility Eskom to resign

The chief executive of South Africa's Eskom is to step down in March, departing the state-owned utility at a time when it is struggling to avoid blackouts that would hit industries and homeowners.

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Finance: Lamido Sanusi's legacy of reform at Nigeria's Central Bank

Lamido Sanusi GOVERNOR, CENTRAL BANK OF NIGERIA. Photo©Vincent Fournier for JA‪Lamido Sanusi's tenure as governor of the Central Bank of Nigeria was spent on reforms that saw a renewal of international confidence in the West African country's banking system. He talks to The Africa Report about the legacy he would like to leave behind.‬

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Another financial crisis? Think what would happen to Wall Street - Donald Kaberuka

Donald Kaberuka President, African Development Bank. Photo©Vinvent Fournier for JAThe debt limit talks and potential for default in Washington DC will not take the world to the brink of another financial crisis. Donald Kaberuka President, African Development Bank warns that a repeat of the 2008 crisis could lead to some countercyclical responses.

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Research to resolve the grand challenges in Africa

Kamal Bhattacharya, Director, IBM Research-Africa labUnited States-based technology firm IBM is launching a lab in Kenya to work on researching technological solutions to development problems. Kamal Bhattacharya, the director of IBM Research-Africa, argues that tech companies must be based in Africa and work closely with government to find solutions to development problems.

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Capital Markets: We need technology, creativity and cash -Rahul Dhir

Rahul Dhir President of Delonex Energy. Photo©MARK CHILVERS FOR TARDelonex Energy, backed by private equity firms and the International Finance Corporation, plans to make an impact in the East and Central African oil and gas sectors.

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