- IFC, British International Investment and Proparco agree €87 million loan to Support Sonatel's Telecoms Expansion in Senegal
- Landmark moment for African climate investment as sustainability bond secures London listing
- Market update: FTSE 100 revs up a gear again
- Why Attend AFSIC – Investing in Africa 2024
- Renewable Energy: The Hottest Investment Space in Africa?
Budget Delays Cast Doubt on Nigeria Economic Growth Promises
LAGOS (Capital Markets in Africa) – Nigeria’s promise of a pickup in growth, investment and jobs ahead of next year’s election is getting trickier to achieve because of a political stalemate over its record budget. Government forecasts of 3.5 percent economic expansion this year are partly premised on a yet-to-be-signed accord worth 9.1 trillion naira ($25.2 billion) that will increase spending on power, roads and ports. Budgets in Muhammadu Buhari’s first democratic term have been delayed for…
Read More