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Natixis plans making Dubai DCM hub for Middle East & Africa

French Bank Natixis is looking to make Dubai the center for its debt capital markets business in the Middle East and Africa.  While a significant proportion of the bank’s business in Africa is booked through its Paris office, the volume of business originated in Dubai is growing. Along with debt capital markets business, the bank is targeting commodities, energy and infrastructure opportunities on the continent. Late last year, a report published by consulting firm PwC estimates infrastructure spending in sub-Saharan Africa to grow by 10% a year, reaching $180 billion in 2025. 

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