This high voltage DC infrastructure is the only one of its kind in the region and is the foundation of East Africa’s ambition to be interconnected in terms of power exchange and allow cross-border trade in energy October 28, 2024/AfDB The electricity highway between Ethiopia and Kenya, officially opened in […]
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SEC Seeks Court Order Requiring New-York-Based Company to Comply with Subpoena
October 28, 2024/US SEC The Securities and Exchange Commission announced that it filed a subpoena enforcement action against Fruit Street Health, P.B.C., a company conducting business from New York, New York, for failing to produce documents pursuant to an SEC investigative subpoena. The filed action seeks an order directing Fruit […]
Cadbury Nigeria Plc 9M 2024: Profit Margins Compressed by Cost Pressures Despite Solid Revenue Growth
October 28, 2024/CSL Research Cadbury Nigeria Plc. (Cadbury) reported a 51.2% y/y Revenue growth in its 9M 2024 earnings release, with Revenue climbing to ₦89.53 billion from ₦59.20 billion in 9M 2023. The topline growth is attributed to increases in both sales volumes and prices, as well as improved asset […]
