Investec AM heads $670m Emerging Africa Infrastructure Fund

Investec Asset Management has been appointed to manage the $670 million Emerging Africa Infrastructure Fund, a public-private partnership anchored by the governments of the United Kingdom, The Netherlands, Sweden and Switzerland.

Something in SA’s water that grows great entrepreneurs?

If anything, SA’s entrepreneurs are doing even better. This week’s London Sunday Times ran a story about Mick Davis, one-time financial director of Eskom (in his 20s) who last year sold his creation Xstrata to Glencore for almost R300bn.