* IHS raises $420 mln in equity * Goldman Sachs among new investors in firm * Also raises $70 mln in debt from Standard Chartered African phone tower group IHS has raised $420 million in equity and $70 million in debt to fund its expansion across the continent, the […]
Business News
INVESTMENT FOCUS-Next EM hotspots may be Russia, Nigeria and Double Deficit Club
Investors are marking Russia and Nigeria, where current account surpluses and reserves are slowly eroding, as the next likely victim of the rolling emerging market crisis, as well as a “double deficit club” of economies. Rather than looking simply at a country’s external reliance on capital – which prompted investors […]
Nedbank Mulls Ecobank Governance Issues Before Deciding on Stake
Nedbank Group Ltd. (NED), the South African lender controlled by Old Mutual Plc (OML), said it would consider governance issues before deciding whether to exercise an option to buy a stake in Ecobank Transnational Inc. (ETI) Nedbank has until the end of November to convert the $285 million loan it […]
