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's mining production index down 7.6 pct in Q2 y/y
• Orascom Telecom and Act Financial seek 100 pct of Beltone Financial
• Egypt awards four offshore oil and gas exploration licences
• Egyptian business activity grows at slower pace in September -PMI
• Egyptian business activity grows at slower pace in September -PMI
• Egypt's urban consumer inflation jumps to 9.2 pct in Sept
• Airtel Ghana records over 4 million subscribers
• Ghana Said to Seek $1.5 Billion Debt With Yield of 8.5%-9%
• Ghana Said to Sell $1 Billion of 15-Year Eurobonds at 10.75%
• Ghana pays more than it wanted for fourth Eurobond
• BAT opens Sh152m warehouse with eye on exports growth
• Kenya's Uchumi Supermarkets says shuts down four outlets
• Kenya to cut non-essential spending this year
• Kenya's remittances jump 3.2 pct in August from year ago
• Kenya's Borrowing Costs Bear Brunt in Battle to Defend Currency
• Kenyan shilling steady, seen gaining on high interest rates
• Mauritius inflation rises to 2.0 pct in year to September
• Mauritius eyes maritime projects, Africa links to boost growth
• Mauritius seeks buyer for Britam stake, or sovereign fund may buy
• Mauritius farming body lowers 2015 sugar output forecast
• Mauritius farming body lowers 2015 sugar output forecast
• Oando aims to pick up Nigeria assets from embattled majors
• Lafarge Nigeria unit takes control of United Cement
• PZ Cussons' N3.2bn Dividend Boost for Shareholders
• ETI suspends sale of stake in Ecobank Nigeria
• Nigeria's Access Bank aims for greater foreign revenue
• SEC unveils post-capitalisation guidelines for firms
• Budget: FG targets N394bn from development partners
• 2016 budget will encourage economic diversification - Buhari
• Nigerian naira "appropriately priced", central bank head says
• Stock MARKET Sheds N489 Billion in Three Months
• SEC to grow non-interest products to quarter of market capitalization
• Nigeria Offshore Contracts Review Adds to Industry Uncertainty
• IMF Cuts Nigeria's GDP Growth Forecast to 4%
• PENCOM to partner NSE to boost stock market activities
• Inter-bank interest rate falls to 2015 lowest
• CRDB employs 600 new staff to expand service
• Dar bourse market size declines
• DSE posts impressive performance
• World Bank: Tanzania posts robust growth
• Stock investors receive well mobile trading
• Tanzania cuts fuel prices, cites lower import costs
• Tanzanian inflation eases to 6.1 pct in year to September
• Zambia power firm looks to more than double electricity cost
• Zambia Seeks to Restore Confidence With Budget Amid Power Crisis
• Zambian mining firms ask for reduced royalties to cope with slump
• Zambia, Zimbabwe utilities exceed dam water use: engineers group
• SA miner buys Aquarius Platinum
• Delta Q2 revenue 6pct down on depressed demand
• Econet to retrench, offers shares to workers who accept severance
• SABMiller rejects AB InBev's $104 billion takeover approach
• Zim seeks creditors' buy-in over debt
• Consumer basket decreases to $559
• IMF praises Zimbabwe's strong commitment to reforms
• Zimbabwe proposes 10 pct black empowerment tax: state paper
• Zimbabwe proposes 10 pct black empowerment tax: state paper
• Zimbabwe's trade deficit widens to $2,5bn
• Zimbabwe's trade deficit widens to $2,5bn