Sub-Saharan Africa Generates $506m in Investment Banking Fees from $129.7bn Deals In 2021

Sub-Saharan Africa Generates $506m in Investment Banking Fees from $129.7bn Deals In 2021

Author: Africa Business Radio February 7, 2022 Duration: 31:26
A total of $506 Million was generated as investment banking fees across sub-Saharan Africa in 2021, A report on investment banking performance by Refinitiv Deals Intelligence, a subsidiary of the LSEG’s (London Stock Exchange Group) Data & Analytics division, has revealed.
The just over half a billion dollars generated last year was still 8% down on the figure
recorded for 2020 and is the lowest generated as annual total fees since 2014, the Refinitiv Deals report shows.
Out of the $506 million fees raked in, the report showed that governments and their agencies accounted for 20%, those in the financial sector paid the largest (25%).
Also, the energy and power sector, technology, materials and other sectors generated 12%, 10%, 10%, and 23% respectively, Refinitiv, one of the world’s largest providers of financial markets data and infrastructure revealed.

Tune into News Express from Africa Business Radio for a clear-eyed look at the forces shaping Nigeria's economy. This isn't just headline scanning; it's a dedicated exploration of the financial sector and markets, delivered with a focus you won't find elsewhere. We go beyond the surface noise of daily news to provide context and analysis, yet avoid the narrow jargon that can make trade publications inaccessible. Each episode distills the essential conversations happening right now in boardrooms and on trading floors. You'll hear informed discussions pinpointing what matters for pivotal areas like Investment Banking, Trading, Technology, and Fund Management, while also tracking movements in Alternatives, Commodities, and major Companies. For anyone with a stake in the region's business landscape, this podcast serves as a vital briefing, connecting the dots between sectors to offer a comprehensive, nuanced picture. News Express is your source for understanding not just what is happening, but why it matters for the future of African commerce.
Author: Language: English Episodes: 100

News Express
Podcast Episodes
High Prices, 15.92% Inflation, Nigerians Spend 56% On Food [not-audio_url] [/not-audio_url]

Duration: 44:36
The global surge in food prices is taking a toll on emerging and developing economies and Nigerians now deploy over 56 per cent of their total spending on food as food inflation in the country heads to 18 per cent after…
Experts Warn Macroeconomic Instability Looms For Nigeria [not-audio_url] [/not-audio_url]

Duration: 27:59
Nigeria’s debt service cost is putting severe pressures on the purse carrying its revenue, which continues to dwindle. This is happening at a time when many indices show an economy that is worse for wear, with external r…
Economy’s Minefield Craves Minesweepers For Investment Inflows [not-audio_url] [/not-audio_url]

Duration: 28:47
The pictures that have been coming out of the Nigerian economy and its investment climate in the last two weeks have left many local and international analysts worried about what they consider to be the deepening of the…
Nigeria In Frame As Europe Rebalances Gas Supply Sources [not-audio_url] [/not-audio_url]

Duration: 28:20
When the crisis finally settles, if indeed, it does, between Russia and Ukraine, analysts say there would be a lot of rebalancing to follow, in Europe and then globally. That rebalancing is already on somewhat. The world…
Lawyers File Contempt Notice Against Shell [not-audio_url] [/not-audio_url]

Duration: 44:19
Well over 48 hours after the Court of Appeal, Owerri Division ordered global oilgiant, Shell, along with its Nigerian alter ego, Shell PetroleuOim Development Company, to deposit with the court a judgement debt of N800 b…
Nigeria's Economy To Face Tough Weeks Over Currency, Cost Pressure [not-audio_url] [/not-audio_url]

Duration: 26:42
Away from pandemic induced effects and the pressures from Covid-19, the lingering Russia-Ukrainian watershed, yet to exert an immediate impact on Nigeria’s economy, is likely to have significant effects in the coming wee…
Nigeria Can’t Benefit From Oil Price Rally [not-audio_url] [/not-audio_url]

Duration: 24:54
In what looks like they are out of their depth, Nigerian policy hunches, particularly on the fiscal side of the equation. have been caught off guard as international crude oil prices continue to rally while the country’s…
Negative Oil Sector Growth Poses Threat To Nigeria's Revenue Target [not-audio_url] [/not-audio_url]

Duration: 29:23
Crude oil revenue, The Nigerian government’s major source of revenue and foreign exchange earnings, appear to be facing serious underlying setbacks despite a positive rally in global oil prices to $100 per barrel, and we…
Experts Weigh In On Emefiele’s New Fiscal Policy Incursion [not-audio_url] [/not-audio_url]

Duration: 24:57
Governor Godwin Emefiele, Central Bank of Nigeria honcho, simply gave it away as, perhaps, one of his many adventures in the fiscal policy space, when he announced another leg in the dogged pursuit of his chosen role as…
AFEX Report Sees Spike Ahead For Commodities Prices In 2022 [not-audio_url] [/not-audio_url]

Duration: 22:36
The Prices of major grain commodities in Nigeria will experience a bullish trend this year driven by the carry-on effect of the inflationary pressure on food prices that marked 2021, says AFEX, a leading commodities mark…