Bolyx Multi Investment Ltd Logo
University Dissertation Research

Capital Flows and Pricing Power
in African Emerging Markets

London vs BRICS vs US

8-12 minutes
Estimated completion time

You are invited to take part in a University dissertation survey examining how the London Financial Market Centre (LFMC), BRICS-linked financing, and US/EU-linked capital shape financing outcomes in African emerging markets, including the role of USD/FX dynamics, political risk, and benchmark pricing.

Anonymous Participation

Your responses are 100% anonymous. Please do NOT enter names, phone numbers, deal IDs, or confidential information.

This survey is for:

  • Entrepreneurs/CFOs who have sought funding
  • Professionals involved in allocating, structuring, advising, or regulating Africa-related finance
  • Investors, Bankers, DFI professionals, and Regulators

Stay Connected & Refer Colleagues

Optional: Share your details for follow-up and invite relevant contacts

Get Research Updates

Enter your email to receive a summary of findings when the research is complete. This is completely optional and separate from your anonymous survey responses.

Recommend a Colleague

Know someone who would be ideal for this survey? Invite them to participate and help ensure a comprehensive view.

Or share directly on LinkedIn

Share on LinkedIn Share via Email Share on WhatsApp

Your contact details are kept strictly confidential and used only for research follow-up purposes

Survey Progress 0%
Required

Q0 — Consent

I confirm that:

  • • I am 18 years or older
  • • I understand participation is voluntary and I can stop at any time
  • • I agree to take part anonymously
Block 1 Required

Q1 — Your role

Q2 — Primary location or desk focus

Q3 — Africa-related finance exposure (last 5 years)

In the last 5 years, have you been involved in an Africa-related financing decision (seeking, structuring, allocating, advising, or regulating)?

Block 2 Required

Q4 — Years of experience

Q5 — Primary sector focus

Q6 — Primary African region focus

Q7 — Typical ticket size you work with

Q8 — Main currency exposure

Block 3 If Q3 = Yes

Block 3 — Strategies Used

In your Africa-related financing work, how often do you...

Block 4 All Respondents

Block 4 — Core Beliefs

Please indicate your level of agreement with each statement:

"London/international markets materially influence Africa borrowing costs and required returns."

"Eurobond/secondary-market sentiment spills over into domestic credit conditions."

"BRICS-linked finance materially increases Africa's bargaining power versus London/Western channels."

"BRICS-linked finance mostly complements rather than replaces London/Western finance."

"The main advantage of BRICS-linked finance is non-price terms (speed, conditionality, delivery), not lower pricing."

"USD strength/weakness is a top-3 factor shaping Africa financing outcomes."

"De-dollarisation will materially change Africa financing patterns within 5-10 years."

Block 5 If Q3 = Yes

Block 5 — Impact Assessment

In your experience, how much does each factor raise the cost of capital / required return? (0-10)

0-10
No impact Major impact
0-10
No impact Major impact
0-10
No impact Major impact
0-10
No impact Major impact
Block 6 If Q3 = Yes Balogun Model

Block 6 — Balogun Model Module

Baseline & Current Periods

Magnitude of Perceived Change

0 10
No increase Increased very strongly
0 10
Much less influence Much more influence

Q32 — Top drivers of change (select top 3)

Q33 — Which hub most often leads price discovery?

"Even when funding is sourced outside the UK, pricing is still anchored to London-linked secondary market conditions."

Q35 — Biggest data/measurement limitations (select all that apply)

Thank You!

Your input supports academic research on capital access and global financial market influence in African emerging markets.

This dissertation research examines how London, BRICS, and US capital flows shape financing outcomes across Africa—including the role of USD/FX dynamics, political risk, and benchmark pricing.

Block 4 All Respondents

Block 4 — Core Beliefs (1-5 Agreement Scale)

London/international markets materially influence Africa borrowing costs.

Block 5 If Q3 = Yes

Block 5 — Impact Assessment (0-10 Scale)

0-10
0-10
0-10
0-10
Block 6 If Q3 = Yes Balogun Model

Block 6 — Balogun Model Module

Even funding sourced outside UK is anchored to London conditions.

Block 7 If Q3 = Yes

Block 7 — Comparative Channel Matrix

London US/EU BRICS DFIs Local
Q36 Cost
Q37 Speed
Q38 Tenor
Q39 Transparency
Q40 Flexibility

VP=Very Poor, P=Poor, N=Neutral, G=Good, VG=Very Good

Block 8A If Q3=Yes + Demand

Block 8A — Demand Side (Entrepreneurs/CFOs)

Block 9 If Q3 = Yes

Block 9 — Closing

What is the single most important way African countries can reduce external vulnerability while still accessing capital?