Tag Archives: invest

Commentary: Mr Kenneth Griffin, you have a lot in common with Haiti, come invest there!


Jean H Charles LLB, MSW, JD, is a regular contributor to the opinion section of Caribbean News Now. He can be reached at jeanhcharles@aol.com

By Jean H Charles

Mr Kenneth Griffin, the billionaire with a portfolio of some $10 billion extracted out of his global hedge fund the Citadel is in the news recently due to the fact he has just paid the sum of $238 million for an unfinished penthouse in South Park West, New York. It is a new venue he may not even stay long in because he has so many other mansions all over the world to muse in.

Come to Haiti to invest some of your billions, we have a lot in common!

To start, your investment vehicle bears the symbol of one of our most sacred monument: La Citadelle/the Citadel Henry Christophe built by King Henry I around 1805 to protect…

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To Prevent Election Meddling, Invest in Black Voters, Groups Say


Political leaders seeking to prevent future meddling in American elections could take a lesson from the Russians: Invest in black voters.

That’s one takeaway from reports this week that Russian operatives disproportionately targeted African-Americans during the 2016 election, according to groups that seek to increase black participation and representation in American politics. 

“The Russians are exploiting a challenge that we have in our society, an unwillingness or an inability to deal with racial justice,” said Aimee Allison, founder of She the People, a national network that seeks to elevate the political voice and power of women of color. “If we’re not having an open conversation about that, that makes us vulnerable.”

The Senate Intelligence Committee reports, released Monday,…

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Netflix announces plans to invest in African TV shows – Lifestyle


Netflix announces plans to invest in the African film industry.

According to the company’s vice president of international originals, Erik Barmack, an unspecified amount of original series will be commissioned in 2019.

He confirmed this during the Content London conference saying, Netflix’s Europe team is “in the process of looking at opportunities in Africa. It’s definitely the case that we’ll commission some series there in…2019.”

Reportedly, Netflix is already scouting for original scripts with local casts.


play

Netflix is ready to invest in Africa

(africa-ontherise)

 

Barmack went on to explain why the company is making this move. Predicting that international stories will soon be the world’s most-watched shows, he noted that commissioning series from Africa definitely…

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South Africa to invest $1 billion in South Sudan oil sector


South Sudan’s oil minister says South Africa will invest $1 billion into the war-torn country’s oil sector in what would be the largest investment in the East African country’s history.

Ezekiel Lol Gatkuoth confirmed Friday’s signing of the memorandum of understanding with South Africa’s energy minister, Jeff Radebe. Radebe told state broadcaster SABC that both countries would benefit.

South Sudan has Africa’s third-largest oil reserves, at 3.5 billion barrels, and it hopes increasing production will help the country recover after a peace deal was signed two months ago.

One analyst warned that despite the signing there’s no guarantee the South African money will come through, though if it does it would be “incredible.” South Africa would join Chinese, Indian, Malaysian and other interests…

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Us Firm To Invest Sh186b In East African Data Centres


Robert Mullins, the Executive Director at First Brick Holdings said the planned $50m (about sh186b) data centres by 2022, will open up new opportunities for financial services, governments and small to medium enterprises (SMEs).

Robert Mullins, Executive Director at First Brick Holdings (L) and Bhavik Pattni, Tech Analyst for Roha and Project Manager for Raxio (2nd R) pose for a picture with officials from China Telecom at the just ended AfricaCom Conference.

Robert Mullins, the Executive Director at First Brick Holdings said the planned $50m (about sh186b) data centres by 2022, will open up new opportunities for financial services, governments and small to medium enterprises (SMEs).

 

First Brick Holdings, a Roha…

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US will invest $60 billion overseas to beat China at development — Quartz Africa


OPIC is dead. Long live OPIC.

In the last few years of US president Obama’s administration, there were increasingly loud calls for the government to get rid of the Overseas Private Investment Corporation (OPIC), the development agency which encourages investment by US companies in Africa.

The problem, as the critics saw it, was the four-decades old agency had become “institutionally ill-suited to its mission and harms poor people around the world,” said a 2015 paper from CEI, a libertarian Washington DC think tank, which also claimed OPIC projects end up “enriching the politically connected.”

With US president Trump’s “America first” mantra it was completely unsurprising when the administration’s first budget in 2017 proposed essentially killing off OPIC.

But at the same time,…

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