Quotes from the AVID Business Breakfast: Philna Potgieter

AVID Pics 8

"The main challenge for the continent is finding finance for Africa’s investment needs and this situation is worsening under the current global economic environment. Falling oil prices have put immense pressure on African governments' balance sheets and has curtailed their ability to provide financing or guarantees for investments, also the severe shortage of dollar liquidity in a number of African markets is creating huge amounts of risk and costs for banks. The unfortunate results is that a lot of international banks are relooking at their mandates in terms of which countries to participate in and are momentarily opting out of Africa operations."

Philna Potgieter, Nedbank Corporate and Investment Banking

Founding members

Anglo American Logo - New           

Platinum members

      
Home News Latest News Quotes from the AVID Business Breakfast: Philna Potgieter