Market Insight: May 07, 2014


Africa

•  Ecobank to start full Angola operations in six months
•  Zambia yield relief seen by central bank on Eurobond cash
•  Senegal to transfer $250m assets to sovereign wealth fund
•  Ghana signs power plant deal with General Electric and two others

Nigeria

•  ASI +6bps, $28.96mill
•  A few crosses in some of the big names drove turnover
•  Seplat targets Nigerian power generators in gas expansion plan

Kenya

•  NSE20 +25bps, $19.2mill
•  Large crosses in the likes of EQBNK, Safcom, EABL and BATK drove proceedings

Botswana

•  DCI +12bps, $109k

Egypt

•  EGX30 +78bps, $142mill

Mauritius

•  Semdex -37bps, $3.53mill

Zimbabwe

•  Ind +118bps, mining unch, $3.09mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.51

-0.18

Nigeria

NGN

160.08

+0.14

Kenya

KES

87.05

-0.86

Mauritius

MUR

29.90

+0.50

Botswana

BWP

8.71

+0.39

Tanzania

TZS

1646.00

-3.23

Uganda

UGX

2520.00

+0.28

Rwanda

RWF

682.01

-0.88

Ghana

GHS

2.86

-16.96

BRVM

XOF

473.76

+1.34

Egypt

EGP

7.01

-0.96

Morocco

MAD

8.07

+1.25

Tunisia

TND

1.60

+2.74

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