March 3, 2016/Cordros Research The domestic bourse delivered a rebound (+2.74% m/m) from January’s 16.50% disappointing loss. The gain was spurred majorly by bargain hunting, amid dividend and earnings expectation ahead of FY’15 earnings releases. The market’s positive performance came despite persistent pressure on the price of oil – and […]
Tag: InvestAdvocate
Mozambique to Host South Africa Energy, Infrastructure Summit
March 3, 2016/EnergyNet Ltd Gigawatt Mozambique announced this week a $200-million investment into Mozambique’s power sector, alongside several global stakeholders including Standard Bank and the World Bank, amongst many others. The investment will assist in harnessing Mozambique’s natural-gas resources, which will further benefit many of Mozambique’s neighbours in the southern Africa region. This – along with […]
FirstBank Advocates Increased Younger Generation Participation at Africa Business Forum
By InvestAdvocate Lagos (INVESTADVOCATE) – Nigeria’s tier one lender, First Bank of Nigeria Limited, on Wednesday advocated increased younger generation participation at the Africa Business Forum 2016. The conference in its fourth series is an annual forum that convenes business leaders across several sectors in Africa and investors seeking to […]
