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Nigeria becomes an EBRD Shareholder

March 4, 2025/EBRD By Nibal Zgheib Our Head of sub-Saharan Africa, Heike Harmgart at the signing ceremony with Wale Edun, Minister of Finance and Coordinating Minister of the Economy of Nigeria. Image Credit: EBRD Nigeria has become the EBRD’s 77th shareholder Nigeria has also expressed interest in becoming an EBRD recipient […]

Network International, Airtel Advance Their Strategic Rollout Plan in Key Markets

Image Credit: Network International Uganda first to go live under pan-Africa Payment Processing Partnership March 5, 2025/Network International Network International (Network), a leading enabler of digital commerce across the Middle East and Africa (MEA), in partnership with Airtel Money, the dedicated mobile money platform for Airtel Africa, has begun the […]

Dangote Sugar Refinery Plc FY 2024: Bottom-Line Loss Worsened by Currency Depreciation Effect

March 5, 2025/CSL Research Financial Highlights: Revenue +50.8% y/y to ₦665.69B Cost of Sales +78.7% y/y to ₦634.58B OPEX +39.1% y/y to ₦20.65B EBITDA -69.5% y/y to ₦25.27B Operating Profit -82.6% y/y to ₦12.67B Loss before Tax +148.7% y/y to ₦270.89B Dangote Sugar Refinery Plc. (DSR) recently released its FY […]