Refine by sector
Latest in Benin
West Africa in Focus / Global

Airlines flee as Nigeria's FX crisis persists

Nigeria's president wants to go after crude oil thieves, but the effort to curtail the damage should have come sooner. 5G rollout commences in Nigeria eight months after license allocation, but we advise investors not to get too excited. Nigeria is o...
Tellimer Research Ayobami
Ayobami Omole @ Tellimer Research 25 August 2022
Airlines flee as Nigeria's FX crisis persists
Airlines flee as Nigeria's FX crisis persists
West Africa in Focus / Global

West African countries are on a fundraising spree

In Nigeria, the state oil firm blocks the Exxon-Seplat deal in court, and election season continues as the ruling party selects its vice-presidential candidate. This only became clearer after Ghana's CPI inflation for June came in at 29.8% yoy, up fr...
Tellimer Research Ayobami
Ayobami Omole @ Tellimer Research 14 July 2022
West African countries are on a fundraising spree
West African countries are on a fundraising spree

Surging dollar inflicts more pain, African markets are becoming more integrated

A surging USD caused more bloodshed across global currency markets yesterday as traders brace themselves for the potential of an outsized rate hike this week. Egypt: Finance Minister Mohammed Maait has noted that high oil and wheat prices will cost E...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 14 June 2022
West Africa in Focus / Global

Locals sell out of equities after surprise rate hike in Nigeria

We also take a look at the difficulties facing IOC exits in Nigeria as regulators failed to consent to the Seplat-Mobil sale, shortly after TotalEnergies announced it also plans to exit Nigeria’s oil onshore assets. Last week, we highlighted the like...
Tellimer Research Janet
Janet Ogabi @ Tellimer Research 26 May 2022
Locals sell out of equities after surprise rate hike in Nigeria
Locals sell out of equities after surprise rate hike in Nigeria

Kenyan elections in focus, Benin delays planned social bond issuance

The dollar regained its shine post the FOMC fall yesterday. The planned offering comes after oil prices surged more than 40% this year as the war in Ukraine disrupted flows. Kaggwa added that the government will allow a competitive environment and on...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 6 May 2022
West Africa in Focus / Global

Nigeria plans another international bond sale

Meanwhile, Benin’s economy is about to get a boost from a US$658mn IMF credit facility and Nigeria is to issue another international bond, hot on the heels of its successful eurobond issue in March. That being said, there has been a surprising recent...
Tellimer Research Janet
Janet Ogabi @ Tellimer Research 28 April 2022
Nigeria plans another international bond sale
Nigeria plans another international bond sale