Market Insight: August 22, 2014


Africa

•  Ethiopia coffee export earnings may rise 25% on world supply
•  Zambia plans to expand economy more than 7%/yr from 2015-17

Nigeria

•  ASI -5bps, $20.1mill
•  Better day yesterday thanks to a cross in Nestle ($7.88m)
•  GTB released disappointing H1 2014 results yesterday

Kenya

•  NSE20 -48bps, $9.9mill
•  Active day yesterday thanks to KenolKobil and Safcom

Botswana

•  DCI -13bps, $866k

Egypt

•  EGX30 -68bps, $104mill

Mauritius

•  Semdex +63bps, $2.25mill

Zimbabwe

•  Ind -11bps, $1.13mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.66

-1.73

Nigeria

NGN

161.95

-1.05

Kenya

KES

88.35

-2.32

Mauritius

MUR

30.75

-2.28

Botswana

BWP

8.90

-1.71

Tanzania

TZS

1668.00

-4.68

Uganda

UGX

2602.00

-2.88

Rwanda

RWF

690.52

-2.10

Ghana

GHS

3.90

-39.10

BRVM

XOF

496.76

-3.33

Egypt

EGP

7.14

-2.81

Morocco

MAD

8.41

-2.77

Tunisia

TND

1.72

-4.80

contacts
  • Bermuda +1 441 278 7620
  • South Africa +27 11 268 5833