Updates

NGXASI Gains +0.25% Driven by Bellwether Counters

January 26, 2024/InvestmentOne Report The NGXASI advanced by 0.25% today to close at 102,401.88pts, as investors buying interest on FBNH (+5.14%), DANGSUGAR (+3.31%) and PZ (+9.92%) drove the market into the positive territory. In the Fixed income space, the Treasury Bills secondary market closed flat, reflecting the tepid movement in yields across […]

Mauritania: Over $289 Million in Financing to Develop Solar Power Generation and Transmission and Accelerate Energy Transition

The first project, the PIEMM, involves building a 225 kV electricity interconnection to link Mauritania to Mali as part of the Desert to Power Initiative January 26, 2024/AfDB Mauritania’s Minister of Economy and Sustainable Development, Abdessalam Mohamed Saleh, and the African Development Bank’s Deputy Managing Director for North Africa, Malinne […]

AfDB Attijariwafa Bank Europe Sign €100Million Risk-Sharing Agreement to Unlock Private Sector Potential to Drive African Trade

The pact is expected to catalyse nearly €500 million worth of trade for companies operating in more than twenty African countries January 26, 2024/AfDB The African Development Bank and Attijariwafa bank Europe, European subsidiary of the Attijariwafa bank group, have signed a €100 million risk-sharing agreement to strengthen businesses and […]