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Ecobank Opens the Market at the London Stock Exchange to Celebrate Successful Issuance of US$400 Million Eurobond

ETI will use the net proceeds from the issuance of the Notes for general corporate purposes, including refinancing the US$350 million Senior Bridge-to-Bond Loan Facility entered into in March 2024 November 20, 2024/Ecobank Ecobank Transnational Incorporated (ETI), parent of the leading pan-African Ecobank Group, today opened the market at the […]

COP29: Circular Economy Investments Deliver Social, Economic and Environmental Benefits

November 20, 2024/EBRD By Rezo Bitsadze Image Credit: EBRD Countries and businesses are seeking to reduce their resource footprint to cut costs, derisk supply chains and reduce waste, according to a new report on the circular economy Multilateral Development Banks (MDBs) are working to advance the circular economy, using a wide […]

MTN Nigeria Communications Plc 9M-24: We Affirm our Recommendation

November 20, 2024/Cordros Report MTNN’s numbers showed a return to profitability in Q3-24 standalone, highlighting the impact of the successful renegotiation of tower leases with IHS, which resulted in cost savings with a modest impact on EBITDA and earnings. Specifically, EBITDA margin though still weaker y/y, improved from the multi […]