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Money

The hedge fund billionaire playing activist at his former firm

Financial Times | Aug 26, 2022 at 6:01 AM

…In these trades, companies pay an investment bank to buy shares in the market over several months, but immediately receive a pile of stock that the bank has borrowed from other investors, making it look…

Germany’s cheap public transport experiment reaches end of the line

Financial Times | Aug 26, 2022 at 6:00 AM

…At a public event last weekend, German finance minister Christian Lindner was asked why he was ending one of the government’s most popular policies…

Landlords face fresh dilemmas amid the economic storm

Financial Times | Aug 26, 2022 at 6:00 AM

…types of property investment. Chris Sykes, technical director at mortgage broker Private Finance , says more are turning away from the “broken” market for traditional single…

Global capital and young workers can power transition in Africa

Financial Times | Aug 26, 2022 at 6:00 AM

…as smallholder farms. It is organisations with enough formal structure to raise finance for investment, and sufficient managerial competence to reap the productivity gains from…

East Africa’s manufacturers hit by costs and imports

Financial Times | Aug 26, 2022 at 6:00 AM

…As a sector, its share of GDP almost halved from a peak of 13 per cent in 2007 to 7 per cent in 2021, according to the World Bank ….

Africa’s search for lasting route out of poverty proves elusive

Financial Times | Aug 26, 2022 at 6:00 AM

…Amoako built a career at the World Bank in the 1970s and became head of the UN Economic Commission for Africa — two institutions he believed could help realise Nkrumah’s vision….

Abe’s legacy in Africa under scrutiny at development summit

Financial Times | Aug 26, 2022 at 6:00 AM

…On the day of Shinzo Abe’s assassination in early July, Akinwumi Adesina, the president of African Development Bank , mourned the death of Japan’s longest-serving prime minister by calling him “a great friend…

Africa resists pressure to put emissions before growth

Financial Times | Aug 26, 2022 at 6:00 AM

…A white paper by the African Finance Corporation, the private-sector unit of the World Bank , notes that Africa contributes less than 4 per cent of greenhouse gas emissions….

Dismal prospects shatter Tunisia’s democratic experiment

Financial Times | Aug 26, 2022 at 6:00 AM

…This month, Tunisia hosts the Tokyo International Conference on African Development, led by the government of Japan and co-hosted by the World Bank and the African Union Commission….

DR Congo seeks to ‘reclaim history’ with economic reforms

Financial Times | Aug 26, 2022 at 6:00 AM

…Equity Bank , another top Kenyan lender, snapped up BCDC, DRC’s second-largest bank , two years ago….

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