Not much is mentioned of Equatorial Guinea, one of the oil and gas wealthiest country in Central Africa. According to the International Monetary Fund (IMF) latest estimate, the Central African nation boasted of a GDP of 13.32 billion US dollars in 2018. The figure which is 4.5 times that of Kenya ahead of all African countries, excluding richer island nations (Seychelles and Mauritius). You know very well that in 2014, the decrease in the oil prices was a bad news for all of us. So in the last two years, we have been trying to adjust. The nation of 1.2 million is,…
Author: DIBIE IKE Michael
Airtel Africa on Tuesday listed on the Nigerian Stock Exchange in a 1.36 trillion naira ($4.4 bln) flotation turning the telecoms company into the bourse’s third-largest stock by market value. Airtel Africa’s shares climbed 10% from their listing price of 363 naira after the float went live. Some 100,000 shares traded at Tuesday’s debut, helping the main stock index recover from a seven-week low. “Investors have listened to our story and are very interested enough to invest in our business and are now ready to share the picture with us. Nigeria, which is one of our 14 countries is a…
