Research & Analysis
Institutional-grade research on Nigerian equities, frontier markets, currencies and global macro.
For much of the past two years, investors treated lower US interest rates as an eventual certainty. Persistent inflation, resilient demand and a more hawkish Federal Reserve are now forcing markets to confront a very different possibility: the next move in rates may be higher.
ET&A Research · 1 September 2026 · 9 min read
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 · 11 min read
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 · 11 min read
Money is often treated as a numbers problem, but many of the most important financial decisions are driven by psychology. Fear, confidence, social pressure and mental shortcuts can influence how people save, spend and invest often in ways that work against their own interests.
ET&A Research · 19 August 2026 · 9 min read
A growing economy can still leave households poorer, public services weaker and opportunity concentrated among a narrow share of the population. GDP matters, but treating it as a complete measure of economic success can create a deeply misleading picture of how well a country is actually doing.
ET&A Research · 19 August 2026 · 9 min read
UK inflation, Federal Reserve minutes, major US retail earnings and fresh economic data from China will give investors plenty to assess in the week ahead.
ET&A Research · 16 August 2026 · 5 min read
After years of spending on chips, data centres and software, there are early signs that artificial intelligence is beginning to influence economic activity beyond the technology sector. The UK’s latest growth figures offer an interesting glimpse of what that transition could look like.
ET&A Research · 13 August 2026 · 8 min read
Africa does not simply need faster economic growth. It needs growth that creates productive businesses, expands formal employment and raises incomes. Too often, GDP is growing without producing enough of the jobs required by the continent’s rapidly expanding workforce.
ET&A Research · 12 August 2026 · 12 min read
How household expectations influence spending, investment and employment
ET&A Research · 11 August 2026 · 8 min read