Updates

Nigeria’s FCMB plans capital raising of up to 15 bln naira -CEO

3/8/2016/Reuters Nigerian mid-tier lender FCMB plans to raise 10 to 15 billion naira ($47 million) in Tier II debt to boost its capital ratio and will target its retail investors for the offering, its chief executive officer said on Wednesday. Ladi Balogun said its capital ratio was close to the […]

New Threats Slowing Progress

Culled—-Proshare 3/8/2016/ARM Research Focus shifts today towards developments on the domestic policy review in ARM’s core strategy document – the “Nigeria Strategy Report H2 2016”; looking at the socio-political landscape over the last six months and the outlook for the rest of 2016 Barely a year into the enthusiastic change […]

African Water Facility: Boosting hydropower,irrigation in Tanzania

3/8/2016/AfDB Tanzania is expected to benefit from a boost in hydropower generation and irrigation development thanks to a new study financed by the African Water Facility (AWF). This €2-million grant will help the government of Tanzania launch the pre-feasibility study of a multipurpose dam, irrigation and hydropower project in Kikonge […]