Yemi Laludi, TPG Growth Africa’s Managing Director argues that private equity can tailor its approach to various markets in Africa in efforts to fill the financing vacuum that has stymied Africa’s entrepreneurs in their efforts to take their ideas to the next level.
A strengthening South African Rand and slow output contributed to AngloGold Ashanti watch its costs increase 44% in Q1. That’s not the way you want to start off your week!
President Muhammed Buhari is going back to London after recently returning from an extended stay to deal with his health issues. This is really not encouraging news, especially as the country has just started showing signs of recovery from what have been a rough couple of years for its economy. Get well, Mr. President.