Egyptian Economy: Cautious Optimism

Publications, Shay Reches

Egypt’s economic situation continues to improve since flotation of Egyptian pound. Egypt’s economic situation has significantly improved since the flotation of the Egyptian pound in late 2016 and continues to show signs of vigour. Improvement was mainly noticed in external accounts and foreign currency liquidity and a 60% increase in the Central Bank currency reserves […]

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Jerry Pinkus of Klapton Insurance attends 7th annual Africa Insurance and Reinsurance Conference

Announcements, Shay Reches

Jerry Pinkus Reinsurance Director at Klapton Insurance Company attended 7th annual Africa Insurance & Reinsurance Conference in Nairobi Kenya between the 21st – 22nd June 2017 About the AIRC The Africa Insurance & Reinsurance Conference, a regionally focused event now in its 7th edition has steadily become a gateway for the global and regional investors […]

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Ivory Coast Financial Markets

Publications, Shay Reches

Ivory Coast: Financial markets unrest following mutiny. In May 2017, several Ivorian troops, who were loyalists to president Ouatara, conducted a mutiny after the scrapping of a deal agreed in January to give them back pay and bonuses. The issue was resolved when the government agreed to the rebels demands and made an immediate part […]

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Ghana: The Struggle Continues

Publications, Shay Reches

Ghana growth expected after economic uncertainty. Growth is expected to accelerate this year, following an increase in oil output. The government’s deficit reduction plan, together with IMF support, may result with greater business confidence, and increased investment. Growth is expected to hit 5.6% in 2017, and 6.1% in 2018. Fiscal deficit continues to trouble Ghana. […]

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The future of CoCo Bonds protection instruments

Announcements, Shay Reches

When assessing the future of our surety product “CoCo Bonds Investors Guarantee”, our financial team reviewed the market developments in 2016. Initially in 2016 there had been a slowdown in the new issuance of CoCo Bonds, however this changed when three UK banks issued $6bn of new CoCo Bonds in August (Standard Chartered, Royal Bank […]

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