In Abidjan, Côte d’Ivoire this May, as delegates at the African Development Bank’s (AfDB) Annual Meetings debated economic futures, a new consensus emerged: Africa’s next growth wave will be capitalized not by aid, but by capital markets. New research from CFA Institute Research & Policy Center that was released at the meeting examines the case for mobilizing private capital to support the structural investment needs of sub-Saharan Africa. The research identifies and analyses existing barriers to the development of capital markets. It offers a series of recommendations for regulators, policymakers, the investment industry, and international institutions active in the region.…
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Crunchbase NewsStartups Supplying Scarce Materials And Rare Earth Elements See Abundant VC FundingIt’s well known that scaling cutting-edge technologies and battery production requires supply-constrained materials such as lithium, cobalt and nickel,….3 days ago Source link
Image source: Getty Images The Centrica (LSE: CNA) share price gained 1.4% this morning (24 July), after the company reported falling first-half profits. Adjusted operating profit fell to £549m from £1,035m in the first half last year, while adjusted EBITDA dropped to £900m from £1,437m. The update said: “The first half of 2025 has seen more challenging conditions … with lower commodity prices and spreads impacting our Infrastructure businesses.” Warmer weather also took its toll. Shareholder returns The company lifted its interim dividend 22% to 1.83p, saying it expects the full-year payout to grow by the same percentage to 5.5p.…
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Image source: Getty Images Star hedge fund manager Bill Ackman clearly isn’t a big fan of diversification. We can see that in his FTSE 100-listed investment vehicle, Pershing Square Holdings (LSE: PSH). Last we heard, it only held 12 stocks! However, this concentrated strategy has served Pershing Square shareholders very well. The stock has returned around 120% over the past five years, excluding dividends. Big bold move Regulatory filings showed that Ackman initiated a brand new position in the first quarter. The stock he bought was Uber Technologies (NYSE: UBER), the ridesharing and food delivery giant. Pershing Square snapped up…
ThinkChina[Big read] Singapore’s critical minerals challenge: Small nation, big stakesAs countries vie for control over critical minerals and rare earths, Singapore is rethinking its strategy by diversifying supply, boosting innovation,….4 hours ago Source link
GSK’s (LSE: GSK) share price has lost 18% since its 10 September traded high of £16.67. This could mean a major bargain to be had. Or it could signal that the underlying business is simply worth less than it was before. I re-examined the business and ran some key numbers to find out which is true here. The underlying business The powerhouse of any firm’s share price (and dividends) is its earnings growth. A risk to these for GSK is any failure in any of its key products. This could damage its reputation and be costly to remedy. A recent…
Gold Standard Releases Framework For High-Integrity Engineered Carbon Removals Translate » Source link
Savings giant NS&I has launched new versions of its one-year British Savings Bonds with increased interest rates. One finance expert described the move as bucking “the trend in a falling market”. British Savings Bonds are fixed-term issues of NS&I’s Guaranteed Growth Bonds and Guaranteed Income Bonds. They are available to new customers and those with existing bonds which are due to mature. The new rate for the one-year Growth and Income options, on sale from Thursday, is 4.18% AER (annual equivalent rate). The previous rate was 4.05% AER. Andrew Westhead, NS&I retail director, said: “I am pleased that we can…
Image source: Getty Images FTSE 250 high-performance polymer manufacturer Victrex (LSE: VCT) paid a 59.56p dividend last year. This generates an 8.4% yield on the current share price of £7.10. By contrast, the average yield of the FTSE 250 is 3.4%, while the FTSE 100’s is 3.6%. Analysts forecast that the dividend will remain unchanged this year before dropping slightly to 59.3p in 2026. In 2027, it is forecast to rise again — to 60.6p. Based on the current share price, these payouts would give respective dividend yields of 8.4% this year and next, and 8.5% in 2027. How much…