…across key African markets, particularly in Nigeria, its largest market, where local currency devaluations have significantly impacted reported earnings and dollar-denominated revenue figures over the past year. Share buybacks are increasingly being leveraged by cross-listed telecommunication giants operating in emergi…

…debt restructuring FORMER World Bank President David Malpass has said that repeated currency devaluations are deepening poverty in developing countries, as falling exchange rates drive up the cost of food, fuel and medicine while eroding the value of pay and pensions. He also warned that Nigeria’s growing reliance on […