Kenya scores venture capital investors
VC investors poured $1.1 billion into Kenyan private venture-backed companies last year, a windfall for the East African nation during...
Finance
Emerging markets attract $1.1 billion a day as sentiment shifts
Investors are pouring money into emerging market assets at a near-record pace as currency resilience and China’s reopening have helped reverse last...
Wall Street debates whether to “buy the dip” in emerging market equities
Two of Wall Street’s biggest banks are divided over their expectations for emerging-market equitiesfollowing a rout that has erased $2.1 trillion...
Emerging Markets face record outflows amid global turbulence
Emerging markets have seen a record $70 billion in outflows as rising interest rates and a strong dollar ratchet up pressure on...
Bolsonaro’s surprise performance calms market concern of Lula’s return
Brazil’s right-wing incumbent President Jair Bolsonaro won 43% of the vote in last weekend’s general elections, surprising pollsters who had projected a...
Global tightening cycle begins to lose steam across the developing world
As the concern around global tightening reached a pitch, Australia - traditionally a leading indicator for bond markets - supercharged...
IMF bailouts hit record as global economic outlook worsens
IMF crisis lending has hit a record high as developing economies face compounding crises of rising import bills, higher interest rates and...
Zambia requests official debt relief
Zambia has requested up to $8.4 billion in debt relief, the IMF announced in a statement on Tuesday. The country and lender...
Failures across the ‘Belt and Road’ forced China to confront its first debt crisis as a creditor
The surge in lending to fund China’s Belt and Road Initiative has left Beijing with a list of risky debtors around the...
Locked out of bond markets, EMs turn to riskier syndicated loans
Facing surging borrowing costs, balance sheet weakness, and a strong dollar, many emerging markets have been effectively cut off from international bond...
Russian financier could turn to crypto to sidestep sanctions
Experts believe Russia could use cryptocurrencies to bypass US- and European-imposed sanctions targeting Russian banks, technology companies and aerospace operators—a...
El Salvador’s bitcoin experiment reaches a critical inflection point
After much anticipation, El Salvador delayed the offer of the world’s first bitcoin bond issuances amid heightened criticism and increased...
