Kenya and South Africa vying to host a Yuan (RMB) Clearing House but is the time right for Africa?

As China’s influence on the global and African economies grows, so does the desire to internationalise the Yuan. The competition to host a Yuan clearing house among the Asian economy’s trading partners has grown stronger. There is little or no surprise that the RMB has moved up to 13th in the list of world payment currencies from 20th as of January 2012. Trade remains a fundamental driver of this influence as shown by the volume of her exports and imports in 2012 estimated at USD 2.0 trillion and USD 1.8 trillion respectively. While the EU and US remain the top importers of Chinese products, economic conditions and competition are forcing China to grow its trade ties with emerging economies as well as Africa. Continue reading

Could Africa’s resource boom and infrastructure projects unlock yet more decades of China’s rapid growth?

 

In the wake of declining growth prospects for the Chinese economy, could the resilient African continent support the economic boom has spanned over a decade? Continue reading

Exit strategies: one of many thorns in East Africa’s P.E. side

 

Overall the deal value of Private Equity transactions in 2012 in Sub Saharan Africa moved southwards of the 2011 performance by 62.6 per cent, to USD 1.1 bn. The number of deals was also 12.1 per cent below those of 2011, where 66 deals were done. Continue reading