November 20, 2024/CSL Research President Bola Tinubu has formally requested the National Assembly’s approval for a new external borrowing plan of US$2.2bn to help finance the 2024 budget deficit of N9.7trn. The request was detailed in a letter presented by the Speaker of the House of Representatives, Tajudeen Abbas, during […]
More News
Yellow Card Secures Crypto Asset Service Provider Licence in South Africa
Stablecoin adoption is surging throughout Africa, with sub-Saharan Africa having the highest adoption rate in the world at 9.2% November 20, 2024/Yellow Card Yellow Card, Africa’s leading stablecoin-based infrastructure provider, has been issued a Crypto Asset Service Provider (CASP) licence by the Financial Sector Conduct Authority (FSCA) in South Africa. […]
Airtel Africa Plc H1-25: Marginal TP Downgrade; Currency Pressures Remain
November 20, 2024/Cordros Report In this report, we review our estimates and update our views on AIRTELAFRI for 2025E. So far, the sustained impact of currency pressures, particularly in Nigeria, overshadowed the key gains in operational performance driven by an increased customer base (+6.1% y/y to 156.64 million), expanded network […]
