Economy

September 21, 2017

Nigeria Update: Equities rebound, indices up by N124 billion

Equity transactions rebounded after a two-day losing streak yesterday, following heavy price gains recorded by major highly capitalised stocks especially Total and Dangote Cement, as indices […]
September 19, 2017

Africa Update: Kenya central bank holds benchmark lending rate at 10.0%

Kenya’s central bank held its main lending rate at 10.0 percent as expected on Monday, saying food supplies were likely to improve and lower pressure on […]
September 19, 2017

World Update: Norway wealth fund hits ‘milestone’ $1 trillion value

Norway’s sovereign wealth fund, the largest in the world, on Tuesday reached the value of $1 trillion dollars for the first time, the Norwegian central bank, […]
September 18, 2017

Africa Update: $300 million Sub Sahara Africa Investment firm launched

Leading independent alternative asset manager Capitalworks Group has launched Africa Capitalworks, an investment company that will deploy permanent equity capital in mid-market companies in strategically selected […]