12/27/2024
Local over global for South African investors
It said that several fundamental drivers that were previously headwinds for the South African economy and asset classes have now become clear tailwinds.
Alternative Investments
12/27/2024
Forex market turnover hits N23.9tn on high investor activity
Analysts attribute this to the rise in investor activity and adjustments in the country’s foreign exchange rate.
12/24/2024
IQ-EQ wins two prestigious awards in Africa
The Africa Global Funds Service Providers Awards celebrate the best in the financial services industry
12/24/2024
Strong q/q growth of the insurance sector
This strong growth highlights the sector’s resilience, considering the current macroeconomic environment.
12/24/2024
Nigeria headline inflation continues to rise
The persistent rise in consumer prices is primarily driven by rising food prices and elevated energy costs.
12/24/2024
Sharp sequential decrease in capital inflow
The sequential reduction in capital inflow was driven by double-digit decreases in inflows from foreign portfolio investments and other investments.
12/24/2024
A slower y/y growth in PSCE
This growth marks a deceleration from the expansion of c.27% y/y recorded in the previous month.
12/23/2024
The woman running the biggest stock market in Africa – worth almost R20 trillion
Leading the JSE is a massive task, with the JSE’s all-share market cap currently standing at close to R20 trillion.
12/23/2024
Beware these risks when planning for retirement
Liquidity risk arises when retirees need cash for daily expenses but find themselves forced to sell investments at a loss during market downturns.
12/23/2024
Net forex inflow fell to $14bn in Q3 – CBN
This was released by the Central Bank of Nigeria in its third-quarter economic report published on Friday.
12/20/2024
Afreximbank and Ecobank partner to simplify trade and compliance for African businesses
With the collaboration, African businesses will benefit from seamless shared services across the two platforms
12/19/2024
Africa Investment Forum 2024 Gains Global Influence with Record Number of Investors and Closes with $29.5 Billion in Interest
After three days of boardroom discussions, this year’s market days at the AIF generated $29.5bn in new investor commitments in projects spanning multiple sectors.
12/19/2024
Over 1,000 businesses shut down in South Africa in less than a month
The death toll from children consuming poisoned food has risen to 38 from 22 a month ago, Tebello Mosikili, police deputy national commissioner said at the same briefing.
12/18/2024
Activa Ghana, 1st insurance company to achieve ISO 27001:2022 certification
Our goal is to serve our customers by providing the best insurance solutions
12/18/2024
Ghana spent nearly half of revenue on debt servicing in 5 years
In total, Ghana’s debt servicing between 2010 and 2022 amounted to GH¢189 billion, with a staggering 81% of that paid in the latter five years.
12/17/2024
Understanding PE multiples: The sub-10 and over-20 clubs
The risks at the opposite ends of the market are simply not the same, with far more needing to go right for one ‘club’ than the other.
12/17/2024
Money flooding back into South Africa
The net purchases were the first since the first three months of 2022.
12/17/2024
African Development Bank Celebrates 60 Years of Transformative Impact in Africa Southern Region
With an active portfolio of 226 projects worth USD 11 billion, the Bank’s unwavering commitment to fostering sustainable growth and integration in Southern Africa is evident.
12/17/2024
W’Bank plans $1.65bn loans for Nigeria next year
The second project, HOPE for Quality Basic Education for All, is expected to receive $553.8m in financing.
12/16/2024
African Development Bank’s Adesina Wins Inaugural ‘African of the Decade’ Award
Dr. Adesina has demonstrated a significant impact on the African continent