Sovereign investors from the GCC are set to ramp up investments across Africa, building on a 50% jump in capital flows from the Middle East over the past five years, said experts, with energy and infrastructure among key sectors most likely to benefit.
Sovereign investors from the GCC are set to ramp up investments across Africa, building on a 50% jump in capital flows from the Middle East over the past five years, said experts, with energy and infrastructure among key sectors most likely to benefit.
The British lender told investors on Thursday it has raised gross sales proceeds of around £538million from placing 63 million Absa shares at 169 rand (£8.48) a piece.