Market Insight: February 07, 2012


Africa

•  Please note Mauritius closed today
•  Moto-Engil, Portugal’s biggest construction company, plans to expand in Malawi and Angola as Euro order book subsides
•  Zimbabwe’s power utility Zesa is owed more than $500mill
•  Marubeni wins $650mill order to build Bioethanol plant in Angola

Nigeria

•  Closed yesterday
•  Oando signs $75mill drilling contract with Shell

Kenya

•  NSE20 -90bps, $1.8mill
•  Mumias Sugar aiming to raise $400mill through rights offer to fund expansion projects
•  Kenya issues $120mill tranche of infrastructure bond
•  Bharti Airtel’s Kenyan unit given until 2012 to reduce its foreign shareholding from 95% to 80%
•  Tower Power, clean energy company, plans to invest $42mill in 2 projects that will use small trees to generate electric power

Botswana

•  DCI -2bps; $164k

Egypt

•  EGX-1%, $56mill

Mauritius

•  Semdex -21bps, $914k

South Africa

•  Top40 -72bps, $1.5bn

Zambia

•  LuSE -14bps, $7k

Zimbabwe

•  Ind +40bps, Mining -1.71%, $1.4mill
 

contacts
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