Nigeria Stock Exchange Recap – January 2024: The Stars, The Laggards, and Your Next Move

As the echoes of January 2024 fade, the Nigeria Stock Exchange (NSE) stands testament to a month of dynamic financial shifts. Let’s dissect the performances and identify the stars and laggards, guiding you on your next strategic move. Top Performers: Underperformers: Recommendations: Ticker Name Volume Price Change ABBEYBDS Abbey Mortgage Bank Plc 1,652 2.99 +0.00 … Read more

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Step by Step Guide to Investing In Stocks In Ghana (2024 Edition)

Imagine standing at the threshold of a bustling marketplace, surrounded by opportunities waiting to be seized. That’s precisely the feeling I experienced when I delved into the realm of the Ghana Stock Exchange (GSE) in 2024. As a novice investor, this journey is akin to embarking on a captivating odyssey, filled with twists, turns, and … Read more

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Ghana Stock Exchange Report – January 2024: A Month in Review

The Ghana Stock Exchange (GSE) has kicked off the year 2024 on a positive note, showcasing resilience and growth in the market. In the first month alone, stocks as a whole have returned an encouraging 1.35%, with financial stocks contributing a solid 0.45%. Let’s delve into the highlights of individual stock performances for January 2024. … Read more

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Ghanaian Stocks November 2023 Insights and Year-End Strategies

The stock market, often a rollercoaster of financial twists and turns, has wrapped up November with a notable 29.71% overall increase. However, the landscape isn’t uniform, and financial stocks are experiencing a dip, down 2.71% for the year. Let’s delve into the individual stocks to unpack the diverse performances shaping the market. Winners of the … Read more

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Banking on Alternatives: Understanding the Suspension of Wise and Others by the Bank of Ghana

In a recent move that has sent ripples through the international money transfer landscape, the Bank of Ghana (BoG) has suspended several prominent players, including Wise, Zeepay, and others. This suspension, driven by alleged violations of regulatory frameworks, has implications not only for the companies involved but also for customers who rely on these services … Read more

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World Bank Pledges $12 Billion Boost for Kenya’s Journey to Upper-Middle-Income Status

In a significant stride towards achieving its upper-middle-income aspirations, Kenya has secured a substantial financial commitment from the World Bank. The global financial institution has pledged a whopping $12 billion over the next three years to support Kenya’s developmental initiatives. This financial injection, spanning from fiscal years 2024 to 2026, is set to catalyze the … Read more

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Kenya Will Return to International Capital Markets

Kenya

In a strategic move, Kenya’s National Treasury has enlisted the expertise of Citi and Standard Bank as joint lead managers. Their mission: to explore potential international US$ capital markets funding and liability management options for Kenya. The Challenge Ahead: Tackling Eurobond Maturity With the specter of an intense squeeze on foreign exchange reserves in 2024, … Read more

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East Africa Faces Cereal Production Challenges Due to Erratic Rainfall and Insecurity

Overview: FAO Warns of Below-Average Cereal Production The Food and Agriculture Organization (FAO) has raised concerns about below-average cereal production in the East African region. Erratic rainfall patterns and insecurity are cited as key factors affecting the 2023 main season cereal crops. Mixed Production Prospects in Northern Subregion In the northern parts of the subregion, … Read more