… becomes the largest operator of CNG trucks in Nigeria October 28, 2024/Dangote Group In a demonstration of its support for President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner fuelling alternatives for all Nigerians, Dangote Cement Plc has made significant investments exceeding $280 million in […]
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IMF’s Sub-Saharan Africa Regional Economic Outlook: Reform Amid Great Expectations
Growth in sub-Saharan Africa is projected at 3.6% in 2024, unchanged from 2023, with a modest increase to 4.2% in 2025 — insufficient to significantly reduce poverty or address development challenges. Macroeconomic vulnerabilities persist and inflation remains high in many countries, while elevated public debt and rising debt service costs […]
Airtel Africa Plc Q2-25: Sustained Currency Pressures Weakens Profitability
October 25, 2024/Cordros Report Airtel Africa Plc (AIRTELAFRI) reported Q2-25 unaudited financials today (25 October), reporting an EPS of USD0.64 (vs EPS of USD3.08 in Q2-24), thus bringing the H1-25 EPS to USD0.82 (vs loss per share of USD1.46 in H1-24). The decline was primarily influenced by the exceptional derivative […]
