January 18, 2022/Aetoswire Africa Finance Corporation, Africa’s leading infrastructure solutions provider, has raised USD$400 million in a new syndicated loan to support the post-pandemic recovery through critical development of infrastructure. The three-year facility – the first from AFC since 2018 – was increased from an initial target of USD$300 million […]

January 18, 2022/CSL Research We begin 2022 following a positive performance in equities (+6.1%) in 2021. Unlike in 2020, when the market delivered a 50% return largely due to CBN policies which led to increased system liquidity, we describe 2021 as broadly lethargic, with the positive close induced mainly by […]

January 18, 2022/Coronation Research Which way will the equity market go in 2022? Our answer is that Nigerian investors are influenced by interest rates and that market interest rates may rise in 2022. The appropriate equity market strategy, in that case, is to look for secular growth stories (like telecommunications) […]