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Capital Economics
Trends
- 1Syria expects over $1 billion for new banks●Syria expects more than $1 billion in foreign capital for new banks
Syria says it expects more than $1 billion in foreign capital to flow into newly established banks, according to the state news agency SANA. The announcement points to efforts to rebuild the country's banking sector and attract international investment as the economy stabilises. The exact investors and timeline have not been detailed.
- 2Nigeria's biggest cable maker seeks cheaper state credit●Nigeria's biggest cable maker wants cheaper state credit
Nigeria's largest cable manufacturer is calling for access to cheaper credit from the state, arguing that lower-cost financing would support its operations and expansion in a tough economic environment. The request highlights a broader complaint among Nigerian manufacturers that high borrowing costs and limited access to affordable capital are squeezing industrial businesses.