Updates

MPC Decision – January 2023

January 24, 2023/Coronation Research Twelve (12) members of the committee were in attendance.          Decision  The twelve members unanimously voted to raise the MPR. •   Seven out of twelve members voted to raise MPR by 100bps to 17.5%                     •   Retain the asymmetric corridor […]

Pre-MPC Note: Another Rate Hike in View?

January 24, 2023/United Capital Research Today, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) will conclude its first meeting for 2023.We expect the recently released statistics on the Consumer Price Index (CPI), economic growth, and FX pressures to serve as the core base upon which deliberations […]

Presenting the 2022 Partech Africa Report: Resilient African Tech Ecosystem Still Growing with $6.5 Billion Raised in 2022

Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital January 24, 2023/Partech Africa Amid the drastic pullback in global VC funding, the African tech ecosystem stands out with +8% growth from 2021. Debt funding doubled in volume to […]