Updates

EAAIF Reaches Financial Close for 20 MW Solar Project in North-Western Uganda

  The investment will bring power to hundreds of thousands of people in Uganda’s remote and underserved north-western region This project doubles the capacity of solar projects supported by EAAIF in Uganda  December 12, 2024/Africa Practice London, 12 December 2024: The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private […]

Dangote Refinery exports PMS to Cameroon

December 11, 2024/Dangote Group …Dangote Refinery, Neptune Oil Announce their first export transaction of Refined Products to Cameroon In a landmark move for regional energy integration, Dangote Refinery and Neptune Oil jointly announced the first-ever export of Premium Motor Spirit (PMS) from Dangote Refinery, Africa’s largest oil refinery, to Cameroon. […]

Coronation Fixed Income and Exchange Rate Update

December 11, 2024/Coronation Research Summary Last week, market liquidity closed positive, at N632.38bn. Call, overnight, and repo rates closed within a range of 7.3% – 28.2%, as rates narrowed. In the Treasury bill market, average yields increased by 11bps to 25.27% pa, as the market sold off. At the primary […]