Senegal’s bonds fall after PM resists IMF calls to restructure debt
Senegal’s finances have been under pressure since $11 billion of unreported debt left by the last administration was found last year.
Senegal’s finances have been under pressure since $11 billion of unreported debt left by the last administration was found last year.
The move pits Botswana against Angola, which is also bidding to control the diamond mining giant.
XRG was launched last year as the investment arm of Abu Dhabi's state energy company, ADNOC.
The UK firm is 18 months into a five-year, $1.5 billion spending plan that will see $750 million poured into recruiting relationship managers and wealth specialists.
Buyers eager to secure a spot in a new luxury beachfront development must put down 1 million dirhams ($272,000) just to be considered.
Qatar’s sovereign wealth fund launched a $2.5 billion Japan-focused private equity fund with ORIX, a Japanese financial services firm.
The US bank was the sole adviser to EA when it was bought by a consortium that included Saudi Arabia’s Public Investment Fund.
Coal use is at or close to a peak, while oil and gas are set to follow in the next 10 years, the World Energy Outlook stated.
The launch is part of wide-ranging efforts to build up local pharmaceutical capacity and reduce dependence on foreign agencies and companies.