Updates

Higher Price Competition for China’s Private Auto Brands

Culled—Proshare 27/6/2017/Fitch Ratings Chinese proprietary auto brands face increased price competition amid 2017’s weak auto market, as signalled by price cuts in the previous few months to boost retail demand and help dealers destock, says Fitch Ratings. This will lead to further brand polarisation and dampen the profitability of weaker […]

Etisalat not under Investigation, 42% of Original Loan Repaid

Culled—Proshare 27/6/2017/Press Release The attention of Etisalat Nigeria has been drawn to media reports that the management of Etisalat Nigeria is being investigated by the Economic and Financial Crimes Commission (EFCC), following a petition to “the Federal Government asking that Etisalat be investigated” on how the funds from the syndicated […]

AfDB approves 2016 African Water Facility annual report and 2017 work plan and budget

27/6/2017/AfDB The Board of Directors of the African Development Bank Group (AfDB) has approved the 2016 Annual report and 2017 Work plan and budget of the African Water Facility (AWF), with particular reference to the use of an amount up to €1.925 million for the administrative budget of AWF out […]