Fast-moving consumer goods firms are grappling with rising finance costs as they ride on interest rate hikes.
The Central Bank’s interest rate hikes in combatting inflation have led to fast-moving consumer goods firms being hit by huge finance costs which grew 56 percent in 2024.
Champion Br
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
