Poised for growth In the face of prevailing challenges, the telecom industry across our coverage countries in Sub-Saharan Africa has displayed resilience, with mobile money and data emerging as the predominant growth catalysts, aligning with our earlier forecasts. While penetration rates vary across markets, noticeable gaps persist in each, prompting telcos to proactively address these...
Core banking to drive growth 2023 was a challenging year for the banking sector globally, as the sector suffered from the fallout of regional banks in the U.S amid tighter monetary policies, confluence of geopolitical tensions, economic uncertainties, and technological advancements. However, SSA banks proved resilient amid headwinds, with Nigerian banks leading the pack, owing...
A thorny path to harvest The Nigerian agricultural sector has been grappling with legacy issues and declining productivity which were further worsened by ongoing geopolitical tensions. However, with strategic policy implementation and intra African trade opportunities, there is potential for growth. The realization of these prospects faces obstacles, particularly the lack of infrastructural development in...