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Analysts say recent moves from the Central bank of Nigeria’s Monetary Policy committee signal the likely commencement of an easing cycle as a disinflationary trend kicks in.

Will Nigeria’s inflation taper near-term?

Nigeria’s Minister of Power, Adebayo Adelabu, has announced plans to expand the national grid by an additional 150 megawatts of power before the end of this year following the completion of phase one of the Presidential Power Initiative.

Expanding Nigeria’s power grid

Muda Yusuf, Director at the Center for the Promotion of Private Enterprises believes the recent naira appreciation needs to be supported with fiscal policy actions to ensure reform efforts by the Central Bank of Nigeria are sustainable. 

CPPE: Complementary fiscal policies needed to sustain naira gains

A report by the African Private Capital Association shows that about 900 million dollars was invested in 117 deals between 2022 and the first half of 2024 in Francophone Africa. 

AVCA: Francophone Africa secures $900mn private capital between 2022 – H1'24

Analysts at Renaissance Capital Africa say they expect investors to rebalance their portfolio in a bid to drive banking stocks higher. Olumide Sole, the Head of Financial Institutions Research, joins CNBC Africa for this discussion. 

Renaissance Capital: Portfolio rebalancing to drive banking stocks 

Wakabayashi Jin, the Senior Deputy Director General at the Japan International Corporation Agency, believes it is important for Africa to absorb more investment as it seeks to scale up development.

Jin: Japan looking to deepen ties with Africa 

About $29.2 billion in investment interests were secured at this year's Africa Investment Forum 2024 Market Days across different sectors. 

AIF secures $29.2bn investment interest  

Nigeria’s total capital importation fell by 51.9 per cent in the third quarter of this year to $1.25 billion, but up 91.35 per cent year on year. However, foreign portfolio investments rose by 71.79 per cent, ranking top at $899.31 million. 

Nigeria’s capital importation down 51.9% in Q3’24

Capacity building and community engagement are among the key issues the Nigeria Content Development and Monitoring Board believes will drive the next frontier in local content implementation. 

NCDMB lists drivers to next frontier local content implementation

CEO of the African Union Development Agency-New Partnership for Africa's Development, Nardos Bekele-Thomas says Africa remains bankable, hence the reason behind making all bankable projects in the continent open for private capital. 

Bekele-Thomas: Africa remains bankable

Goldman Sachs expects gold prices to rise as high as $3,000 an ounce by December 2025, driven by increased central bank demand and US interest rate cuts. 

Goldman Sachs sees gold prices hit $3,000 by December 2025

The Governor of Lagos State, Babajide Sanwo-Olu says the state has secured close to $1 billion in investment commitments for the state’s purple rail line at this year’s Africa Investment Forum deal room in Morocco. 

Video: CBWA