October 28, 2024/United Capital Research Global Markets: Most Markets Closed Lower. Last week, the focus in US markets shifted to the earnings season with over 20.00% of companies in the S&P 500 reporting their results. The early earnings season started positively with financials, but as more industries reported, results became […]
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Dangote Backs Tinubu’s CNG Drive, Invests over $280M in Trucks, Infrastructure
… becomes the largest operator of CNG trucks in Nigeria October 28, 2024/Dangote Group In a demonstration of its support for President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner fuelling alternatives for all Nigerians, Dangote Cement Plc has made significant investments exceeding $280 million in […]
IMF’s Sub-Saharan Africa Regional Economic Outlook: Reform Amid Great Expectations
Growth in sub-Saharan Africa is projected at 3.6% in 2024, unchanged from 2023, with a modest increase to 4.2% in 2025 — insufficient to significantly reduce poverty or address development challenges. Macroeconomic vulnerabilities persist and inflation remains high in many countries, while elevated public debt and rising debt service costs […]
