Author: Julius Alagbe

Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

AfDB, Standard Bank Seal $332m Deal to Boost South Africa’s SMEs The African Development Bank (AfDB) and Standard Bank Group have signed a 332 million dollar (ZAR5.4 billion) facility to expand access to financing for small and medium-sized enterprises (SMEs) in South Africa. AfDB said this in a statement on Friday, saying the transaction was structured as a First Loss After Capital (FLAC) instrument and listed as a social bond on the Johannesburg Stock Exchange. The bank described the deal as Africa’s first development finance institution-supported social FLAC instrument listed on the exchange, marking a significant milestone in innovative financing…

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