Thursday, July 29, 2010The Africonomist Presents: Q&A with Clifford Sacks of Renaissance Capitalby The Africonomist Moscow-based Renaissance Capital (RenCap), an emerging markets investment bank, is on a mission to build its footprint across the African continent. The person leading that charge is Clifford Sacks, former CEO of Merrill Lynch South Africa.
Sacks, who is currently RenCap’s CEO of South Africa and head of Pan African Equities, recently spoke to Africonomist editor David Dankwa about the bank’s investment interests and priorities in Africa and why he thinks the continent is poised to become an important growth factory globally.
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Sacks, who is currently RenCap’s CEO of South Africa and head of Pan African Equities, recently spoke to Africonomist editor David Dankwa about the bank’s investment interests and priorities in Africa and why he thinks the continent is poised to become an important growth factory globally.
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Tuesday, July 27, 2010Senegal Delegation in Chicago, Illinoisby Africa.com Editorial Staff Senegal’s President Abdoulaye Wade led a delegation of his government’s ministers to Chicago this past week, where they met with some 90 businesses. The four-day trade mission was part of President Wade’s year-long celebration of Senegal’s 50 years of independence and was designed to bring additional foreign investment to the West African nation.
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Wednesday, July 14, 2010Africa’s Successful Road to Recovery from the Global Recessionby Africa.com Editorial Staff Well, this is certainly excellent news for Africa! Not surprisingly, many countries in Africa faced a dire economic plunge as a global recession befell us. However, a number of African countries have witnessed a remarkable recovery from the plight still faced by many nations, including many in Europe.
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Wednesday, July 07, 2010The World Cup's Impact on South Africa's Economyby Africa.com Editorial Staff The final is set! Spain will face the Netherlands on Sunday. No matter who takes the World Cup title, South Africa is already claiming that it is the big winner.
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