Africa

Och-Ziff Settles Africa Bribery Case for $412M
Risk & Compliance

Och-Ziff Settles Africa Bribery Case for $412M

The hedge fund allegedly "positioned itself to profit" from endemic corruption in Africa by bribing government officials.
By Matthew Heller | September 30, 2016
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Kellogg Forms Joint Venture in Africa
Operations

Kellogg Forms Joint Venture in Africa

The cereal company also pays $450 million (about 15 times EBITDA) for a 50% stake in Multipro, a Nigeria-based food sales and distribution company.
By Katie Kuehner-Hebert | September 15, 2015
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Most U.S. Firms Can’t Find Source of ‘Conflict Minerals’
Risk & Compliance

Most U.S. Firms Can’t Find Source of ‘Conflict Minerals’

A GAO report finds companies are struggling to get useful information from suppliers in response to the Dodd-Frank disclosure rule.
By Matthew Heller | August 20, 2015
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Firms Lack ‘Basic Building Blocks’ to Comply with Anti-Fraud Laws
Growth Strategies

Firms Lack ‘Basic Building Blocks’ to Comply with Anti-Fraud Laws

As companies push into Europe, the Middle East, India, and Africa, executives are being pressured into higher risk behaviors, says E&Y.
By Katie Kuehner-Hebert | May 14, 2015
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Goodyear Settles Africa Bribery Charges
Risk Management

Goodyear Settles Africa Bribery Charges

"Goodyear’s lax compliance controls enabled a routine of corrupt payments by African subsidiaries that were hidden in their books," said an SEC official.
By Matthew Heller | February 24, 2015
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A Global Affliction
Growth Companies

A Global Affliction

Finance executives around the world are plagued by uncertainty about the economy, politics and more.
By David W. Owens | June 30, 2014
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Bank Lending in Emerging Markets Worsens
Forecasting

Bank Lending in Emerging Markets Worsens

The deterioration reflects weaker economic performance in many developing economies, says the Institute of International Finance.
By Vincent Ryan | May 1, 2014
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Out of Africa, Opportunity
The Deep Dive

Out of Africa, Opportunity

Chinese and Indian companies are rapidly expanding their footprints on the continent. But for U.S. firms, the opportunity is tempered by uncertainty.
By David W. Owens and Josh Hyatt | October 16, 2013
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