Updates

TA Associates Becomes Minority Investor in Interswitch, Operators of Quickteller

Culled—Proshare March 13, 2017/Africa Capital Digest Here’s this week’s wrap of the most interesting Africa-related private equity, infrastructure and venture capital deal stories, market opinion articles and information pieces on the private capital investment themes, deals and fund raises in Africa. The Week In Brief Fundraising news for Africa-focused or […]

FBN Asset Management Regains Position as the 2nd Largest Mutual Fund Manager

Culled—Proshare March 13, 2017/Uchenna Ndimele* Not too long ago Quantitative Financial Analytics reported that FBN Capital Asset management lost its position as the second largest mutual fund manager by assets to FSDH Asset Management Ltd. In the same article, it was predicted that based on historical trend of mutual funds […]

Alarming Rise In Domestic Debt Service

Culled—Proshare March 13, 2017/FBNCapital Research In our second commentary on the DMO’s data release for end-2016, we highlight the alarming increase in FGN domestic debt service (see chart). Payments have soared from N354bn in 2010 to N1.23trn last year. We focus on the domestic payments because they comprise close to […]