Day: September 16, 2023

Energy Investment Village 2023 Finalists Announced

Mr Mohammed

JOHANNESBURG, South Africa, September 15, 2023/ — Africa’s boldest and most ambitious cleantech start-ups will take part in the Energy Investment Village (https://apo-opa.info/468SsAw), an exciting deal-pitching event at the Green Energy Africa Summit (https://GreenEnergyAfricaSummit.com), to be held in the heart of South Africa’s Cape Town on 10-11 October at the CTICC2. Held under the theme, “Unlocking Africa’s Sustainable Energy Potential,” the Green Energy Africa Summit (GEAS) will provide unrivalled opportunities throughout its two-day programme for the continent’s leaders in energy, finance, and social development, to meet with international investors, to…

President Ramkalawan attends official opening of G77 and China Summit in Cuba

Mr Mohammed

16 September 2023 | Foreign Affairs Havana, Cuba 15 September 2023: The President of the Republic of Seychelles, Mr Wavel Ramkalawan joined fellow leaders of the Group 77 and China Summit of Heads of State and Government currently taking place in Havana Cuba. The two-day summit is taking place under the- guided theme “Current Development Challenges: The Role of Science, Technology and Innovation. ” The official opening ceremony was held on Friday morning (15th September), where President Ramkalawan was formally welcomed at the International Conference venue by the President of…

EDITORIAL COMMENT

Mr Mohammed

To issue international sovereign bonds, financial markets require countries to have a credit rating from at least one or more of the three leading international credit rating agencies (CRAs) namely, Fitch, Moody’s and Standard & Poor’s (S&P). This constitutes a minimum requirement for capital market borrowing by market regulators, as adherence to international best practices of information disclosure and to reach out to a wider base of potential investors. The Financial and economic cost implications for Africa emanating from subjective credit ratings by international rating agencies(CRAs) has since left some…