2nd Quarter 2016 Issue 36 An IC Publication

THE TOUGH SELL

DFIs support Africa’s growth through turbulent times

Innovation drives African capital markets The end of an era for Phillips Oduoza at UBA

EUROZONE €8.00, UK £5.50, USA $9.95, CFA Zone CFA5.000, Egypt E£40, Ethiopia R100, Gambia Da100, Ghana GH¢12.00, Japan ¥1400, Kenya KShs580, Kuwait KD2.500, Mauritius MR300, Morocco Dh60, Nigeria N1000, Sierra Leone LE 20000 Singapore S$14, South Africa R50.00 (inc tax), Other Southern African countries R43.90 (excl tax), Switzerland SFr15.00, Tanzania TShs10,000, Tunisia TD5.000, UAE Dh30, Uganda USh15,000, Zambia ZMK 30