Below is a headline summary of our Weekly African Footprint. Please click here for more detailed reports. It includes the following:
Quick summary table displaying the performance of all the African Stock Exchanges and African currencies on a WTD and YTD basis. Summaries of the keys markets and relevant economic and corporate news.
Do not hesitate to contact us should you require further information.
• Botswana may sell troubled China-built power plant
• Egypt's Domty prices shares at up to $1.45 in planned float
• Egyptian pound steady at forex sale, stronger on black market
• Egyptian T-bill yields rise, signals possible interest rate hike
• Banque Misr to issue dollar-denominated certificates for Egyptians abroad
• Egyptian T-bill yields rise, signals possible interest rate hike
• 'Cedi to depreciate by 15% in 2016' - InvestCorp
• Banks record losses in 2015
• Kenya's KenGen confident its planned 80-MW wind farm will go ahead
• Kenya's KCB Group says to raise tier two capital this year
• Uchumi records Sh1bn pre-tax loss in six months amid declining sales
• Kenya's NIC Bank 2015 profit rises despite bad debt provisions
• South Sudan turmoil takes toll on CFC profits
• Kenya's inflation falls, may pave way for easing of rates
• Kenya private sector activity edged down in Feb
• Malawi officials to lose perks as aid freeze hits budget
• Mauritius offers a 15-year bond worth 1.5 bln rupees
• Zenith Bank Takes Lead in Forex Allocation from CBN
• Unilever, Guinness hit by dollar shortage
• South Africa's Clover says will no longer invest in Nigeria
• Dangote Cement Records N181bn Profit, Declares N8.00 Per Share Dividend
• UBA Group Appoints New Managing Director
• Nigerian market lifted by Dangote Cement
• MTN sets aside $600 mln for Nigeria fine, FY profit drops
• Nigerian state audit saves $11 million after non-existent workers removed
• Value of Mobile Money Transactions Rises to N40bn Monthly
• Money market remains flat as N330b treasury bill maturity rolls back
• Nigeria dollar reserves fell to $27.8 bln by Feb 25
• Nigeria to pass revised 2016 budget on March 17
• Nigeria may reduce $38/barrel budget oil benchmark if prices fall further: minister
• Nigeria's state oil firm to be split into 30 companies: NNPC head
• Exim retail bond now trading on Dar bourse
• Swissport shines at Dar stock exchange
• NMB continues to move closer to people
• Barclays, NBC seek to combine operations
• DSE alternative window registers slow progress
• Shilling seen firming against dollar
• Shilling on temporary reprieve
• Treasury bonds oversubscribed
• Mopani earmarks US$1.1m to increase life of its operations
• Zambia's 2016, 2017 copper output seen flat at 700,000 tonnes
• Liquidity on local money markets increase
• Zambia still among biggest growing economies
• Zambia still among biggest growing economies
• Art profit surges 600%
• Astra reduces prices by 20%
• CBZ targets revenue growth
• Ariston share capital increase approved
• We are here to stay - Barclays
• Zimbabwe: Cambria Happy With Zim Investment Prospects
• CBZ submits $28m NPLs to Zamco
• Zimbabwe banks face cash crunch, central bank blames distribution problem
• IMF urges Zim to transform economy
• Zimbabwe to take over all diamond operations says Mugabe