Market Insight: May 25, 2012


Africa

•  SA’s low-cost airline 1time in talks to acquire African routes
•  Econet completes $307mill syndicated loan facility, to refinance short term facilities and fund equipment for future expansion
•  Angola Central Bank keeps benchmark rate unchanged at 10.25%

Nigeria

•  ASI -43bps, $17.89mill

Kenya

•  NSE20 -26bps, $3.28mill
•  Ecobank Kenya posts Q1 loss as interest expenses more than triple

Botswana

•  DCI +26bps, $259k

BRVM

•  Comp -22bps, BRVM10 -29bps, $295k

Egypt

•  EGX30 +1.01%, $55mill

Mauritius

•  Semdex -34bps, $962k

South Africa

•  Top40 +48bps, $1.5bn

Zambia

•  LuSE -25bps, $40k

Zimbabwe

•  Ind -14bps, Mining unch, $556k
 

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