October 31, 2024/CSL Research International Breweries’ 9M 2024 numbers showed a substantial Revenue growth of 86.9% y/y to N343.45bn from N183.8bn (9M 2023). On a q/q basis, Revenue was up marginally by 0.2% to N120.25bn from N119.98bn in Q1 2024. The topline growth seen was mainly driven by c.23.5% price […]
Author: InvestAdvocate
2023 IGR Across States & FCT Up 26.03% Y/Y
October 31, 2024/CSL Research The National Bureau of Statistics (NBS) recently released its 2023 Internally Generated Revenue (IGR) report, covering Nigeria’s 36 states and the Federal Capital Territory (FCT). According to the report, these states and the FCT collectively generated ₦2.43 trillion in IGR for 2023, marking a y/y increase […]
Janngo Capital Reaches Final Close of Its oversubscribed $78 Million Fund, Marking Africa’s Largest Gender-Equal Tech Venture Capital Fund
With this fundraising, Janngo Capital becomes the largest venture capital firm accelerating gender equality in Africa October 31, 2024/Janngo Since inception, the firm has made about 30 investments in 21 startups and has successfully exited the leading fintech company Expensya, achieving an average internal rate of return (IRR) of 48%. […]
