Risk of political uncertainty fuelling fall in M&A deals across Africa

Risk of political uncertainty fuelling fall in M&A deals across Africa

Risk of political uncertainty fuelling fall in M&A deals across Africa

Political uncertainty could be behind the total deal volumes and values of merger and acquisition (M&A) transactions in Africa falling sharply in the first half of 2018, declining 44% in deal volume and 57% in aggregate value, compared to the first half of 2017. According to analysis of Thomson Reuters M&A data for Africa, undertaken by Baker McKenzie, there were 485…

Where does the responsibility of the chief risk officer end?

Where does the responsibility of the chief risk officer end?

Where does the responsibility of the chief risk officer end?

Risk managers in large and developed institutions (LDIs) can still fail in their duties, despite having all the right procedures in place, warns Totyelwa Dodo Nonco, manager of risk management at South Africa’s Office of the Accountant-General. She said, in an insight with the Institute of Risk Management South Africa, that smaller enterprises are almost always on the wrong side of…

Russian cyber threats on energy, marine and aviation sectors

Russian cyber threats on energy, marine and aviation sectors

Russian cyber threats on energy, marine and aviation sectors

On 15 March 2018, the US Department of Homeland Security (DHS) and the Federal Bureau of Investigation (FBI) released a joint technical alert on Russian government cyber activity targeting organisations in the energy, marine, aviation and other manufacturing sectors. This DHS and FBI technical alert seeks to educate network defenders and enhance their ability to identify and reduce exposure to…

Don’t miss out – sign up for Risk Frontiers Southern Africa

Don’t miss out – sign up for Risk Frontiers Southern Africa

Don’t miss out – sign up for Risk Frontiers Southern Africa

We would like to invite you to attend Commercial Risk Africa’s fourth Risk Frontiers Southern Africa – Roadmap to Success conference, taking place at the Avani Gaborone Hotel and Casino, in Gaborone, Botswana, on Thursday 26 July from 8am to 2pm. Developing skills and nurturing talent remains one of the great challenges for business across Africa, including within the risk…

Need for investment insurance to support African growth

Need for investment insurance to support African growth

Need for investment insurance to support African growth

The African Trade Insurance Agency (ATI) has urged Nigeria and other countries to focus on de-risking their economies to drive future investment growth. During its participation in Afreximbank’s 2018 Annual Meetings and 25th anniversary celebrations, Ade Ayeyemi, Ecobank’s Group CEO, warned that investors would run away from Africa unless adequate risk measures were put in place to address actual and…

New bid to reduce supply chain risk across Africa

New bid to reduce supply chain risk across Africa

New bid to reduce supply chain risk across Africa

Various multinational organisations have launched an Africa Infrastructure Fellowship Programme (AIFP), to help African governments strengthen procurement capabilities. The aim, as announced by Jean-Baptiste Lemoyne, Minister of State attached to France’s Minister for Europe and Foreign Affairs, together with the World Economic Forum (WEF), the Global Infrastructure Hub and the private investment firm Meridiam, is to help African governments by…

Reducing the risk of climate change key to Ivory Coast success

Reducing the risk of climate change key to Ivory Coast success

Reducing the risk of climate change key to Ivory Coast success

Ivory Coast must urgently implement climate change measures if it is to secure long-term growth and reduce its risks, according to the World Bank. In a new economic update, So Tomorrow Never Dies: Côte d’Ivoire and Climate Change, the short- and medium-term outlook for the Ivorian economy remains positive. The economy is expected to maintain a steady trajectory, with GDP…

ATI pays out to shareholders following record-breaking year

ATI pays out to shareholders following record-breaking year

ATI pays out to shareholders following record-breaking year

The African Trade Insurance Agency (ATI) has approved its first ever payments to shareholders. The announcement follows ATI’s annual general meeting held in Abidjan, where the company also announced record-breaking financial results for the sixth consecutive year, this time for 2017. ATI has earmarked an initial $2.5m in payments to its shareholders, which include 14 African member governments. CEO George…

Nigeria urged to join AfCFTA and boost intra-Africa trade

Nigeria urged to join AfCFTA and boost intra-Africa trade

Nigeria urged to join AfCFTA and boost intra-Africa trade

Nigeria has been urged to join the African Continental Free Trade Agreement (AfCFTA) to boost intra-African trade. Economic Commission for Africa (ECA) executive secretary, Vera Songwe, offered ECA support to help the west African country join South Africa and 48 other countries in signing the AfCFTA. Ms Songwe said some countries had not signed the AfCFTA in Kigali, Rwanda, three…

UK Civil Liability Bill debate moves to House of Commons

UK Civil Liability Bill debate moves to House of Commons

UK Civil Liability Bill debate moves to House of Commons

Many UK risk managers and their insurers are closely following the process of reform of the UK’s whiplash laws. Fresh from further amendments in the House of Lords, the Civil Liability Bill will now face the House of Commons. The Civil Liability Bill was passed for referral to the House of Commons by the Lords on 28 June, following the…

1 2 3 81