September 15, 2023/CSL Research Based on the recent data from the National Bureau of Statistics on rail transportation, the total revenue generated from the rail transport subsector grew by 76.68% y/y in Q2 2023 to N1.31bn from N740m in Q2 2022. This compares favorably with an increase of 31.91% q/q, […]
OPINION/EDITORIAL
World Growth Outlook for 2024 Deteriorates as China Risks Rise
September 14, 2023/Fitch Ratings The world economy is likely to grow a bit faster in 2023 than Fitch Ratings expected in its June Global Economic Outlook (GEO), but the deepening slump in China’s property market is casting a shadow over global growth prospects, just as monetary tightening increasingly weighs on […]
Productive Lending – Filling the $330Bn Funding Gap for African SMEs with Compelling Risk-Adjusted Returns
September 14, 2023/DAI Magister Written by Omar Makkawy, Analyst at DAI Magister Investors are steering clear of Africa’s non-bank lending sector amid prevailing macroeconomic conditions marked by high interest rates and slowing growth. However, pockets of opportunities with compelling risk-adjusted returns remain within productive asset-backed financing. Africa’s non-bank lending sector is multifaceted, encompassing […]
