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Nigeria: Domestic Investors Dominate Equity Market in Q1’20

Local investors are taking advantage of the incredibly low prices of stocks in the Nigerian Stock Exchange, NSE, to increase their investments following the prolonged downward movement in equity valuation since the advent of the coronavirus, COVID-19, pandemic on the Nigeria’s economy.


South Africa: Construction Industry Urged to Practice Safety Measures

Public Works and Infrastructure Minister Patricia de Lille has appealed to companies to exercise extreme vigilance to ensure the health and safety of employees as more businesses open, including the construction industry.


Construction industry will survive turbulent times

Reports of the demise of the construction industry in South Africa are greatly exaggerated, says construction giant Grinaker-LTA.


WEF Releases Framework to Help Investors Address Global Risks

The World Economic Forum (WEF) has identified six systemic global risks that asset owners across the world must prioritise to create long-term value.


Udom’s giant strides in power generation for industrial development

Sustainable infrastructure development would eventually industrialise Akwa Ibom State, however, without steady power supply, industrialisation is beyond the realm of reason.


Stock market begins June with N25bn gain

Trading activities on the floor of the Nigerian Stock Exchange closed on a positive note on the first day of this month following gains recorded by some blue-chip firms.


MainOne partners World Bank to deliver connectivity in Burkina Faso

MainOne, West Africa’s premier connectivity and data centre solution provider, has been entrusted by the State of Burkina Faso, backed by the World Bank, to provide bulk connectivity services to a consortium of operators through the PAV-Burkina Cooperative, for the next three years.


U.S. Carlyle exits Sub-Saharan Africa, transfers Fund management to Alterra Capital Partners

After having completed a dozen transactions valued at $400 million in sub-Saharan Africa, private equity firm Carlyle Group has withdrawn from direct investments in sub-Saharan Africa. Analysts point to the fact that most of the businesses in the region are young and only seek to attract capital, while they offer few opportunities for profitable exits.


Here’s what R120 million buys you – now that real estate can operate at level 3

The real estate industry will resume operations under level 3 lockdown on Monday, 1 June. The announcement has been met with widespread relief and excitement from industry professionals, as well as buyers, sellers, landlords and tenants who have been left in limbo since 27 March.


Economy contracted in May, says CBN report

Economic activities in manufacturing, production, new others and other indices contracted in May after recording at least 36 months of consecutive growth.


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