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Market Insight: April 29, 2014
Africa
• Angola Central Bank keeps benchmark interest rate unchanged at 9.25%
• Ivory Coast Prime Minister Duncan says $500m Eurobond to be issued in July
• Bank of Mauritius leaves key lending rate unchanged at 4.65%
• World Bank approves $300m financing for Tanzania Rail Project
Nigeria
• ASI -67bps, $7.66m
• A non-event in Lagos with South Africa on holiday, results season continues (Wapco, Skye Bank and Unilever all reporting 2014 Q1)
Kenya
• NSE20 +3bps, $5.6m
• Quiet day in Nairobi as foreign participation all but non-existent
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