Nigeria Lags As Investors Storm South African, Kenyan Markets – Stears …C0NTINUE READING HERE >>>
Nigeria attracted only 23 per cent of private capital in the third quarter (Q3) of 2024, significantly trailing South Africa and Kenya, which each captured a third of all private market deals, according to a latest report by Stears, a financial data and software company focused on African markets.
This decline is attributed to economic policies that have exacerbated inflation and currency volatility, prompting over 15 companies to exit Nigeria in the past 17 months.
In contrast,…
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