Below is a headline summary of our Weekly African Footprint. Please click here for more detailed reports. It includes the following:
Quick summary table displaying the performance of all the African Stock Exchanges and African currencies on a WTD and YTD basis. Summaries of the keys markets and relevant economic and corporate news.
Do not hesitate to contact us should you require further information.
• Beltone Financial granted Egypt's first ETF licence
• Egypt's Arabian Cement to announce IPO price on May 10
• Egypt's central bank keeps key rates unchanged
• Egypt sees deficit at 14-14.5 pct of GDP next fiscal year if no reforms implemented
• Prudential Sees Ghana Acquisition Profitable by Fourth Year
• Ecobank Ghana says Q1 2014 net profit up 97.7 pct
• Kenya's Reinsurance reports 11 pct rise in pretax profit
• Tullow, Africa Oil to submit Kenyan development plans in 2015
• Kenya's Scangroup sees pretax profit edge lower in 2013
• Equity takes first East Africa banking crown
• Kenya's economy grew 4.7 pct in 2013: minister
• Kenya inflation creeps up to 6.41 pct in year to April
• Kenyan shilling steady, may firm next week
• Malawi central bank leaves rates unchanged at 25 percent
• Mauritius Leaves Key Lending Rate Unchanged as Inflation Slows
• Mobil Nigeria Q1 profit up fourfold to 4.74bn naira
• Lafarge Nigerian unit says Q1 profit up 20 pct
• Nigeria's Unilever says Q1 profit down 46 pct
• Skye Bank Nets N16.2bn Income in First Quarter
• FBN Holdings Records N70bn Profit, to Pay N1.10 Dividend
• UBA Capital Grows Profit by 106% to N1.8bn
• Access Bank’s shareholders approve plan to raise $1bn fresh capital
• Ecobank’s 2013 profit fell by 48%
• Oando Extends Completion Date for Acquisition of ConocoPhillips’ Nigerian Assets
• Nestle Nigeria to reach into villages with vans
• World Bank okays $300m to open up EA central corridor
• Tanzanians start own Sh480bn equity fund
• TA Holdings posts $5.6m loss