WSJ: China’s CIC Wealth Fund Shifts Focus to Emerging Markets — Optimistic About Africa

China Investment Corp., a $653 billion sovereign-wealth fund, plans to invest more in emerging markets where there is less competition and a greater need for capital. PHOTO: EUROPEAN PRESSPHOTO AGENCY

The Wall Street Journal - BERLIN — China’s $653 billion sovereign-wealth fund is looking to invest more in emerging markets, according to an infrastructure investing official at China Investment Corp.

CIC, which has made several high profile investments in the U.S. and Europe in recent years, is targeting emerging countries where there is less competition, more opportunity to tap growth and a greater need for capital, the executive said. Click through the following link to read the full article: China’s CIC Shifts Wealth Fund Focus to Emerging Markets

Nile Capital Management

We Know Africa: From Cairo to Cape Town

For more information please call 646-367-2820

Bloomberg: Into Africa - China Plays U.S. in Great Power Game

Source: Brookings Africa Growth Initiative from International Monetary Fund data

Bloomberg - Africa has long been a battleground for world powers. Two giants playing there these days are China, which is spending freely throughout the continent to scoop up resources and tap some of the world’s fastest-growing economies, and the U.S., which is looking to do more business. Both Chinese and U.S. companies expect to profit from their African stakes. The question is whether Africans can win, too. Click through the following link to read the full article: Into Africa - ChinaPlays U.S. in Great Power Game

Sources: United Nations Conference on Trade and Development (investments); UN (populations); World Bank (electricity)

Nile Capital Management

We Know Africa: From Cairo to Cape Town

For more information please call 646-367-2820

The Financial Times: GE and Philips scan Africa medical market

The Financial Times - Judging by the long and determined-looking queue waiting to meet Samuel Were in London last week, executives from medical equipment companies fully grasp the near-$35bn value that the International Finance Corporation puts on Africa’s healthcare market. Click through the following link to read the full article: 

http://www.ft.com/cms/s/0/6cf30f9e-c26c-11e4-ad89-00144feab7de.html#axzz3TWBml6iZ

No electricity, no problem: Philips’s wind-up foetal heart rate monitor

Nile Capital Management

We Know Africa: From Cairo to Cape Town

For more information please call 646-367-2820