Updates

MPC Review: CBN Remains Hawkish with a further 50bps Hike

May 25, 2023/CSL Research The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 50bps to 18.5% from 18.o% at its 3rd Monetary Policy Committee (MPC) meeting for the year 2023.   However, the MPC decided to retain all other parameters, keeping […]

AIF showcases $1.475 billion in green and renewable energy deals at AfDB 2023 Annual Meetings

Africa Investment Forum’s current pipeline, comprises 90 deals valued at $62.9 billion May 25, 2023/AfDB The Africa Investment Forum presented four renewable energy and sustainability projects worth nearly $1.5 billion to investors on the sidelines of the African Development Bank Group’s (www.AfDB.org) 2023 Annual Meetings. The curated projects, which are drawn […]

center3, owned by stc group and Alcatel Submarine Networks to connect Saudi Arabia with Europe by building the EMC West subsea and terrestrial data cables

The EMC West subsea and terrestrial data cables project will see Saudi Arabia, Greece, and Cyprus unite to expand the global digital connectivity infrastructure. The project will see Saudi Arabia become a regional digital hub connecting Asia, Europe and Africa. May 25, 2023/Aetoswire center3, owned by stc group, on behalf […]