September 10, 2021/United Capital Research Anglophone West Africa Nigeria According to the National Bureau of Statistics (NBS), Nigeria recorded a trade deficit of N1.9tn in Q2-2021. The total value of trade during the period increased by 23.3% y/y to N12.1tn compared to Q1-2021. This comprised N7.0tn of imports and N5.1tn […]
Updates
Egypt Emerges AFC’s 32nd Member State, with a Potential of US$1 Billion of Investments
September 9, 2021/Aetoswire Africa Finance Corporation (AFC) has welcomed Egypt as its newest member state. Egypt’s Prime Minister, H.E. Dr Mostafa Madbouly, committed North Africa’s most populous nation to become the 32nd member of the region’s leading infrastructure solutions provider, opening up a potential US$1billion of investments. “With the increasing […]
Speed Medical SAE, Secures EGP 1.57 Billion Capital Commitment from Global Emerging Markets
September 9, 2021/Aetoswire Speed Medical Company (EGX: SPMD), today announced a EGP 1.57 billion capital commitment from GEM Global Yield LLC SCS (“GGY”), the Luxembourg based private alternative investment group. Under the agreement, GGY will provide Speed Medical Co. (SPMD) with a Share Subscription Facility of up to EGP 1,570 […]
