# Image credits

Photographs used on the overview page. All are real photographs of African
subjects. Each was downloaded once from Wikimedia Commons as a 1280px
thumbnail, then resized to 1200px wide and recompressed as JPEG. They are served
from this folder, not hotlinked. The same credits are in
`components/ui/ModuleArt.tsx` (`MODULE_PHOTOS`) and appear on the overview
under "Image credits". Selected and licence-checked against each file page on
2026-10-17.

| File | Used for | Title | Author | Licence | Source |
|---|---|---|---|---|---|
| `hero.jpg` | Overview header | Stock exchange trading floor (Nigerian Stock Exchange, Lagos) | S.aderogba | CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0/) | https://commons.wikimedia.org/wiki/File:Stock-exchange-trading-floor.jpg |
| `exchanges.jpg` | Global Stock Exchanges | Johannesburg Stock Exchange | Andres de Wet | CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0/) | https://commons.wikimedia.org/wiki/File:Johannesburg_Stock_Exchange.jpg |
| `pestel.jpg` | PESTEL Analysis | African Countries flag | Oludeleadewalephotography | CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0/) | https://commons.wikimedia.org/wiki/File:African_Countries_flag.jpg |
| `industry.jpg` | Industry Analysis | Durban container port | Media Club | CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0/) | https://commons.wikimedia.org/wiki/File:Durban_container_port_(24747434937).jpg |
| `company.jpg` | Fundamental Analysis | Standard Bank Headquarters Office at Johannesburg | shi zhao | CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0/) | https://commons.wikimedia.org/wiki/File:Standard_Bank_Headquarters_Office_at_Johannesburg.jpg |
| `risk.jpg` | Risk & Return | Zimbabwe Hyperinflation 2008 notes | Discott | Public domain (photograph PD-self; notes PD-ZW-currency) | https://commons.wikimedia.org/wiki/File:Zimbabwe_Hyperinflation_2008_notes.jpg |
| `etf.jpg` | ETF & Portfolio Analysis | Aerial view of the Nairobi skyline from the KICC rooftop at golden hour | Lebu Ayiga | CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0/) | https://commons.wikimedia.org/wiki/File:Aerial_view_of_the_Nairobi_skyline_from_the_KICC_rooftop_at_golden_hour.jpg |
| `dictionary.jpg` | Investment Dictionary | Kwame Nkrumah Centenary Library in Bagabaga College of Education, Tamale | Togs-sida | CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0/) | https://commons.wikimedia.org/wiki/File:Kwame_Nkrumah_Centenary_Library_in_Bagabaga_College_of_education_-_tamale.jpg |
| `news.jpg` | Business News | Nigerian tabloid vendor | Orji Favour Chisom | CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0/) | https://commons.wikimedia.org/wiki/File:NIGERIAN_TABLOID_VENDOR.jpg |

Changes made to every image: resized to 1200px wide and recompressed as JPEG.
`exchanges.jpg` was also cropped from portrait to a 3:2 landscape band around
the JSE building. The CC BY-SA images are shared under their original licences.

Notes on provenance: `hero.jpg` has no description on its file page; the board
in the photograph reads "The Nigerian Stock Exchange" (18-09-2018), and the file
was submitted to Wiki Loves Monuments 2019 in Nigeria. `exchanges.jpg` is
dual-licensed on Commons (GFDL, relicensed to CC BY-SA 3.0); it is used here
under CC BY-SA 3.0. `industry.jpg` was imported from Flickr and passed
FlickreviewR for CC BY-SA 2.0.

## Flags

`public/flags/*.svg` are national flags downloaded from https://flagcdn.com
(flag designs are in the public domain) and served locally.
