NewsInternational

Tue,03May2016

International

Fearmongers in the frame

A menacingly authoritarian triumvirate think that it's their turn. Canny, malign and experts in the politics of fear, the US's Donald Trump, France's Marine Le Pen and Russia's Vladimir Putin believe history is on their side.

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Thabo Mbeki charges against illicit financial flows

Former South African President Thabo Mbeki. Photo©Thibault Camus/AP/SIPASeven years since leaving office, Mbeki doesn't hide his impatience with Africa's failure to fulfill its great potential. And on matters pertaining to Africa's socioeconomic and political development, former South African president Thabo Mbeki's voice, tempered by age and experience, continues to be heard as he fights against illicit financial flows.

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Investment: Africa had record levels of private equity exits in 2015

African private equity firms cashed in on investments last year at the highest rate in almost a decade, with South Africa, Egypt, Nigeria and Kenya accounting for two-thirds of these exits.

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Banking: Africa's richest woman says Portugal was "partial" in BPI bid

Isabel dos SantosThe daughter of Angola's president accused Portugal's government on Tuesday of making an "unprecedented and clearly partial" decision in changing a law on shareholder voting rights that helped Spain's Caixabank make a bid for Banco BPI this week.

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Ghanaian woman gets top World Bank appointment

Victoria Kwakwa was formerly the World Bank’s country director of VietnamWorld Bank Group president Jim Yong Kim has appointed Victoria Kwakwa, a Ghanaian national, as the new regional vice president for the bank's East Asia and Pacific region, with effect from April 15, 2016.

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Banking: Dubai Islamic Bank aims to open in Kenya

Photo©ReutersDubai Islamic Bank (DIB) plans to be operating in Kenya before the end of 2016, despite the Kenyan authorities' moratorium on issuing new banking licences, according to sources familiar with the matter.

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