Important: This does not constitute personal advice. If you are unsure whether an investment is right for you, contact your independent financial advisor. All investments fall as well as rise in value and you could get back less than you invest. Buying shares gives you ownership of a company so the best companies usually have […]
Author: Andrew Kwabena
The Editor of MoneyInAfrica
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Why Invest in Shares
What is a Share Shares, also known as stocks or equities, are the unit of investment in individual companies. A share is simply a divided-up unit of the value of a company. If a company is worth $100 million, and there are 50 million shares in issue, then each share is worth $2. As the overall […]
Why Invest in Bonds
What is a Bond Bonds are loans, or IOUs, but you serve as the bank. You loan your money to a company, a city, the government – and they promise to pay you back in full, with regular interest payments. Bonds are bought at a specific price, and offer interest income based on a coupon […]
Choosing what to Invest in
What you will learn in this post What is an investment Factors to consider when making an investment How different investments make you money How different investments require varying initial capital How regulation differs among investments Which investments are most volatile and liquid (easy to get your money out) Once you know why you […]
Why Invest
What you will learn in this post: How investing makes your money work for you How investing protects your money by beating inflation How investing makes your financial goals easier to achieve How investing helps you build a retirement pot Make your money work for you They are two ways to make money; either […]
Nigeria and Italy to Improve Diplomatic, Economic Ties
Ambassador Fulvio Rustico (L) and Governor Ambode (R) (Photo via NaijaOxygen) The Italian Ambassador to Nigeria, Amb. Fulvio Rustico, on Thursday announced plans by Nigeria and Italy to sign fresh agreements that would broaden the areas of cooperation between both countries. Rustico told the News Agency of Nigeria in Lagos that both countries’ Ministers of […]
Are You a NanaYaa or a Makena? Meet the Stylish Stars of Africa’s Sex and the City
Photo: Courtesy of An African City In a recent episode of An African City , Africa’s groundbreaking Web series centered on the chaotic love lives of five girlfriends in Accra, Ghana, the show’s heroine, NanaYaa, stops her beau short amid the throes of passion. He’s about to climax on her Ralph Lauren sheets and the […]
Nigeria’s Naira Devaluation: Not a Day Too Soon
There was a collective sigh of relief from markets when the Nigerian Central Bank announced on Wednesday that it would, effective June 20, abandon the fixed rate for the naira against the U.S. dollar that it has defiantly held for 16 months and allow the currency to float freely. The announcement comes amid difficult economic […]