Nestle Q1 ’21 earnings grew 11% y/y to NGN12.4bn, supported by 26% y/y and 24% y/y increases in food and beverage sales respectively. Based on our market...
Negligible changes to our EPS forecasts over the ’21-22f period Dangote Cement delivered strong Q4 ’20 results with earnings up +55% y/y to N86.8bn. However, we...
Traditionally, corporates and states in Africa use debt capital markets to raise huge funding. As the coronavirus bites harder against the increasing debt-to-GDP ratios coupled with...
