ET&A Capital

Independent investment research and intelligence across Africa and global markets.

Research, market intelligence and private-market opportunities for investors, institutions and businesses.

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FTSE 10010,824.30+0.29%S&P 5007,711.76-0.25%DOW53,559.99-0.02%DAX26,569.99+0.77%NASDAQ26,402.42-0.52%Nikkei 22566,405.56+0.41%Hang Seng25,584.79+0.07%NIFTY 5024,175.65+0.35%FTSE 25024,938.80+0.16%Russell 20002,972.37-1.39%CAC 408,401.18+0.98%EURO STOXX 506,485.67+0.95%Shanghai Composite3,952.18-0.11%Taiwan Weighted46,331.45+0.77%KOSPI6,788.88-1.79%S&P/ASX 2009,092.30+0.60%S&P/TSX Composite36,553.90-0.76%IBOVESPA175,665.00+0.30%STI Index5,699.93+0.28%S&P BSE Sensex77,264.51+0.43%Shenzhen Component13,953.07-0.68%JSE Top 40 USD Net TRI7,398.58+0.72%IPC Mexico65,484.32-0.53%NGXFTSE 10010,824.30+0.29%S&P 5007,711.76-0.25%DOW53,559.99-0.02%DAX26,569.99+0.77%NASDAQ26,402.42-0.52%Nikkei 22566,405.56+0.41%Hang Seng25,584.79+0.07%NIFTY 5024,175.65+0.35%FTSE 25024,938.80+0.16%Russell 20002,972.37-1.39%CAC 408,401.18+0.98%EURO STOXX 506,485.67+0.95%Shanghai Composite3,952.18-0.11%Taiwan Weighted46,331.45+0.77%KOSPI6,788.88-1.79%S&P/ASX 2009,092.30+0.60%S&P/TSX Composite36,553.90-0.76%IBOVESPA175,665.00+0.30%STI Index5,699.93+0.28%S&P BSE Sensex77,264.51+0.43%Shenzhen Component13,953.07-0.68%JSE Top 40 USD Net TRI7,398.58+0.72%IPC Mexico65,484.32-0.53%NGX

For Investors

Independent research, company coverage, valuation analysis and investment tools designed to support better investment decisions.

For Institutions

Bespoke research, investment intelligence and ongoing analyst support for funds, family offices, investment firms and corporate teams.

For Companies

Market intelligence, strategic research, capital preparation and access to ET&A's private-market ecosystem.

Editor's picks

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Why Investors Are Paying More Attention to Côte d’Ivoire
Africa & Emerging MarketsInsight

Why Investors Are Paying More Attention to Côte d’Ivoire

Côte d’Ivoire is emerging as one of West Africa’s more compelling investment stories. Strong economic growth, rising foreign investment, better infrastructure and an expanding private sector are changing perceptions of the country. The harder question is whether that momentum can generate enough productive jobs, reduce inequality and survive future political transitions.

ET&A Research · 24 August 2026

Nigeria’s Unemployment Problem Is Really a Productivity Problem
Africa & Emerging MarketsInsight

Nigeria’s Unemployment Problem Is Really a Productivity Problem

Nigeria does not simply have a shortage of work. It has a shortage of productive work. Looking beyond the headline unemployment rate reveals an economy dominated by informal employment, self-employment, underemployment and jobs that often generate too little income to materially improve living standards.

ET&A Research · 12 August 2026

The Investment Case for Nigerian Telecommunications
Africa & Emerging MarketsInsight

The Investment Case for Nigerian Telecommunications

Nigeria’s telecom sector combines a large and still-expanding subscriber base with accelerating data consumption, improving pricing economics and growing fintech ambitions. Yet the opportunity remains inseparable from heavy capital expenditure, currency exposure, regulation and the challenge of serving a price-sensitive population.

ET&A Research · 10 August 2026

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Africa’s Telecom Companies Are Becoming Financial Institutions
Markets and EconomicsInsight

Africa’s Telecom Companies Are Becoming Financial Institutions

Mobile money began as a convenient way to send and receive cash. Today, Africa’s largest telecom operators are moving into lending, savings, insurance and investment products. MTN’s interest in acquiring banking licences raises a bigger question: could the mobile network eventually become more important to African consumer finance than the traditional bank branch?

ET&A Research · 27 August 2026

Technology & InfrastructureInsight

Nvidia Q2 Earnings Show the AI Infrastructure Boom Is Still Accelerating

Nvidia delivered another substantial earnings beat in its fiscal second quarter, with revenue more than doubling year-on-year as demand for AI infrastructure continued to accelerate. Strong Data Center growth, the ramp-up of Vera Rubin and an unusually bullish outlook suggest the AI investment cycle still has considerable room to run, although supply constraints, rising memory costs and China remain important risks.

ET&A Research · 27 August 2026

Nvidia Q2 Earnings Show the AI Infrastructure Boom Is Still Accelerating
Technology & InfrastructureInsight

The Hidden Importance of Semiconductor Packaging

As AI chips become larger, faster and more memory-intensive, advanced packaging is emerging as a critical performance bottleneck, reshaping semiconductor design, supply chains and the investment opportunity across the industry.

ET&A Research · 25 August 2026

The Hidden Importance of Semiconductor Packaging
Markets and EconomicsInsight

The Skills Gap Holding Back African Manufacturing

Africa has the labour force, natural resources and increasingly the capital required to build a larger manufacturing economy. But shortages of technicians, engineers, production managers and job-ready industrial workers are becoming a more important constraint on how quickly the continent can industrialise.

ET&A Research · 25 August 2026

The Skills Gap Holding Back African Manufacturing
Investment Fundamentals

Understanding the P/E Ratio Properly

A low price-to-earnings ratio does not automatically mean a stock is cheap, just as a high P/E ratio does not automatically mean it is expensive. The ratio only becomes useful when investors understand what the market is pricing into those earnings.

ET&A Research · 24 August 2026

Understanding the P/E Ratio Properly

Markets at a glance

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Indices

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IndexLastChange %
FTSE 10010,824.30+0.29%
S&P 5007,711.76-0.25%
DOW53,559.99-0.02%
DAX26,569.99+0.77%
NASDAQ26,402.42-0.52%
Nikkei 22566,405.56+0.41%
Hang Seng25,584.79+0.07%
NIFTY 5024,175.65+0.35%
FTSE 25024,938.80+0.16%
View all 24 indices →

Commodities

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WTI Crude$83.40-0.16%
Brent Crude$88.10-1.78%
Natural Gas$2.89-0.69%
RBOB Gasoline$3.05-9.76%
Heating Oil/ULSD$4.25-0.70%
Dutch TTF Natural Gas€66.98-1.64%
Gold$4,529.90-1.73%
Silver$67.79-2.36%
Platinum$1,854.30+0.49%
View all 34 commodities →

Currencies

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NGN
USD
0.00074195
GBP
0.0005502
EUR
0.00064041
CNY
0.00500894
AED
0.00273782
USD
NGN
1347.80063
GBP
0.7381436
EUR
0.8631
CNY
6.72675
AED
3.6725
GBP
NGN
1817.506
USD
1.35474994
EUR
1.1683
CNY
9.113064
AED
4.975319
EUR
NGN
1561.5
USD
1.1583
GBP
0.85714
CNY
7.792806
AED
4.2788
CNY
NGN
199.6428514
USD
0.1486602
GBP
0.1097326
EUR
0.1283235
AED
0.54595047
AED
NGN
365.2545608
USD
0.2722941
GBP
0.2009921
EUR
0.2339217
CNY
1.831668
Full cross rates →

Companies under coverage

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Model portfolio

ET&A Investments Tracker

Follow the combined performance of ET&A's tracked positions — an equal-weighted index of accumulated gains across every holding since it was acquired, updated live.

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See the model portfolio's combined gains and every position's return since acquisition.

For funds, family offices & institutions

Institutional research without building a research department.

Ongoing analyst support, bespoke projects, market intelligence and investment screening — a research programme built around your organisation's requirements.

Private Markets · For Investors

Discover opportunities

A curated, independently screened pipeline of private companies — with the research to evaluate them.

Private Markets · For Companies

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We work with selected companies to strengthen their investment proposition and reach potential investors.

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Deal Room

ET&A Deal Room connects ambitious companies seeking capital with investors looking for credible, high-growth opportunities across African markets.

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Why ET&A

200+
Companies under coverage
120+
Live market trackers
120+
Research notes published
Global Markets covered

Rigorous research. Better-informed capital.

Our analysts deliver institutional-grade research across global equities, frontier-market credit and macroeconomics—supported by transparent valuation models, live market data and clearly defined investment views.

  • In-depth company research supported by rigorous valuation models
  • Live market trackers reflecting the latest market data
  • A curated Deal Room connecting credible businesses with aligned capital
Rigorous research. Better-informed capital.

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