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West Africa
African bankers Thiam, Kaberuka, Onkojo-Iwelea reinvent themselves as debt reduction crusaders

In a response to the Covid-19 pandemic, a small group of financiers are lobbying intensely to get holders of African eurobonds to postpone their redemption dates for two years. The campaign is as advantageous for those waging it, however, as it is for its potential beneficiaries. [...]
Published on 16.04.2020 at 04:30 GMT Reading time 3 minutes
Finance, Politics

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Africa
Russian oligarch Mikhail Prokhorov appoints right-hand man to head RenCap

Renaissance Capital, founded by Russian businessman Mikhail Prokhorov, has recently changed managers, replacing French chief executive Christophe Charlier by Russian Dmitry Razumov, who is also the CEO of Prokhorov's holding company. The surprise move comes at a time when Renaissance, like companies everywhere, is having to deal with the consequences of the coronavirus pandemic.

LogoSubscribers only Finance, Business 30.04.2020
Russian businessman Mikhaïl Prokhorov.

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