africa

An economic slowdown in China may force African economies to diversify.

Barclays and CDB’s agreement to work together in Africa illustrates Chinese banks’ eagerness to expand across the continent.

The bank’s Chinese and Korean clients now have dedicated relationship teams spanning most of the world.

Parent company PTT will take up 65% of the deal, leaving about $1 billion to be placed with other investors. The fundraising plan comes after PTTEP wins a bid for African LNG-play Cove Energy.

BMW dealer Yongda Auto is aiming to raise at least $306 million, while copper producer China Nonferrous Mining is seeking at least $235 million from the first listing of Africa-based mining assets in Hong Kong.

Thailand’s leading oil company goes head-to-head with Shell for control of African oil assets, but recent resource deals in Mozambique should give investors pause for thought.

Standard Bank's latest research shows just how quickly the internationalisation of the renminbi is affecting China’s trade with Africa.

Standard Bank estimates China’s investment in Africa will reach $50 billion by 2015.

Investment by Indian and Chinese firms into Africa does not dominate the flow of FDI into the continent and it is not a new phenomenon, according to a study.