September 26, 2024/InvestmentOne Report The NGXASI declined today by 0.47% to close at 98,987.42pts as the selloffs observed in MTNN (-4.40%), OKOMUOIL (-7.63%) and GTCO (-1.80%) which drove the local equities market into the negative region. In the fixed income space, the Treasury Bills secondary market closed downwards driven by the negative sentiment […]
Author: InvestAdvocate
Wärtsilä Strengthens Commitment to Zambia with O&M Agreement Renewal for Ndola Power Plant
September 26, 2024/Alesia Communications Technology group Wärtsilä has signed a renewal of its Operations & Maintenance (O&M) agreement covering the 105 MW power plant owned by Independent Power Producer Ndola Energy Company Ltd (NECL) in Zambia. The previous agreement had been in force since 2013. By ensuring the reliability and […]
Moody’s Affirms AFC A3 Rating with a Change from Negative to Stable Outlook
The decision by Moody’s is crucial for AFC to continue leveraging its top-tier credit ratings to achieve among the lowest borrowing costs of any institution in Africa September 26, 2024/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced that it has received an uplift to its […]
