Net Interest Income for H1’2024 grew by 24.5% to US$826.2 million, compared to US$663.6 million for the same period last year (H1’2023) August 19, 2024/Afreximbank African Export-Import Bank (“Afreximbank” or the “Group”) has released its consolidated financial statements for the six months ended 30 June 2024. The Group’s results for […]
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AfDB, ARC Issue $11.2 Million Insurance Payout to the Government of Malawi
The drought recovery insurance payout will support more than 350,000 Malawi households impacted by climate change-related weather extremes August 19, 2024/AfDB Representatives of the African Risk Capacity (ARC) Group and the African Development Bank have presented a cheque to the government of Malawi for an insurance payout of $11.2 million, […]
Dangote Cement Plc Earnings Report: Strong Topline Growth Bolsters Earnings
August 19, 2024/InvestmentOne Report Dangote Cement PLC recently released its unaudited financial report for the first half of 2024, revealing a significant year-on -year (YoY) revenue growth of 85.11%, reaching NGN1.76trn, from NGN950.83bn in the previous year. This impressive growth is attributable to a combination of double-digit growth in Nigeria […]
