Investment news for Africa

Sixth annual Imara Zimbabwe Investor Conference

We present the key takeaways from our Sixth Annual Imara Zimbabwe Investor Conference, held from 28 to 29 May 2014 at the Meikles Hotel, Harare.

The event brought together over 55 investors from all over the world and featured one panel discussion as well as presentations by 12 local corporates.

Conference delegates also had the opportunity to have one-on-one meetings with some of the listed companies and to tour some of the recently revamped local manufacturing facilities at Delta, Bakers Inn courtesy of Innscor Africa, Seed Co as well as mining operations at Bindura, Freda Rebecca and Zimplats.

The conference provided investors an ideal platform to interact with a cross section of companies and provided insightful perspective on the likely trajectory of Zimbabwe’s growth and the investment opportunities that will come with it.

Read more: Imara – Post Zim Conference Report June 2014

Global food prices rise

According to the World Bank’s most recently published Food Price Watch Report, international food prices increased by 4% between January and April 2014, interrupting sustained declining trends in food prices observed since August 2012.

A sharp 4% monthly increase took place in February, followed by a more subdued increase in March and a price drop in April. As a result, internationally traded food prices remain in April 2014 only 2% lower than those observed a year ago.

Prices remain in sight of their all-time peak in August 2012, some 16% below their historical record.

Read more: IAS Africa Rising 17 June 2014

Africa Rising summit

The ‘Africa Rising’ summit held in Maputo on 29 to 30 May 2014 saw finance ministers and governors from SSA and the IMF taking stock of SSA’s impressive achievements over the past two decades, its increased resilience to shocks and economic policy challenges for sustaining growth and development.

Read more: IAS_Africa Rising_23 June 2014

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