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Delta Corporation

Delta Beverages: Q1 2019 highlights, demand falling as prices rises

Zimbabwean brewer and soft drinks company Delta Beverages has released its Q1 2019 results. Revenues increased by 33% in Q1 and 26% for the full year. But currency issues affecting imported raw materials have effectively shut down its soft drinks …
Jumia logo

Jumia has tripled in value within one week. We look at why.

Jumia’s IPO saw its share price rose by 75% on Day 1. Shares were priced at $14.50 before the IPO. Five days later they are trading at $43, valuing the business at more than $3bn. What are the company’s prospects …

Remittances to Africa rose by 11.7% to $86bn in 2018

If remittances to Africa were an economy, they would be the 6th largest in Africa, ahead of Kenya in the rankings. Within Africa, the largest recipient of remittances is Egypt ($29bn) – equivalent to almost 12% of its GDP. Note – …