Author: InvestAdvocate

Yellow Card Secures Crypto Asset Service Provider Licence in South Africa

Stablecoin adoption is surging throughout Africa, with sub-Saharan Africa having the highest adoption rate in the world at 9.2% November 20, 2024/Yellow Card Yellow Card, Africa’s leading stablecoin-based infrastructure provider, has been issued a Crypto Asset Service Provider (CASP) licence by the Financial Sector Conduct Authority (FSCA) in South Africa.   […]

Airtel Africa Plc H1-25: Marginal TP Downgrade; Currency Pressures Remain

November 20, 2024/Cordros Report In this report, we review our estimates and update our views on AIRTELAFRI for 2025E. So far, the sustained impact of currency pressures, particularly in Nigeria, overshadowed the key gains in operational performance driven by an increased customer base (+6.1% y/y to 156.64 million), expanded network […]

Ecobank Opens the Market at the London Stock Exchange to Celebrate Successful Issuance of US$400 Million Eurobond

ETI will use the net proceeds from the issuance of the Notes for general corporate purposes, including refinancing the US$350 million Senior Bridge-to-Bond Loan Facility entered into in March 2024 November 20, 2024/Ecobank Ecobank Transnational Incorporated (ETI), parent of the leading pan-African Ecobank Group, today opened the market at the […]