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 projects slender 2014 budget surplus
• Egypt Pioneers Holding to invest EGP in 2014
• Egypt says stimulus package almost ready as it seeks to reassure investors
• Egypt narrows budget deficit in first half of fiscal year
• Arab states gave Egypt petroleum USD 4bn worth of oil products in July-December
• Egypt forex reserves up for first time since August
• Ghana Central Bank Ready to Act Should Cedi Threaten Inflation
• Ghana Regulator Close to Approving Mega African Capital Listing
• Ghana central bank takes steps to halt currency slide
• Fitch says its concerns about Ghana's economic imbalances growing
• Ghana risks overshooting its 11.5 pct 2014 inflation target
• State opts not to inject fresh capital in KenGen’s cash call
• Barclays Kenya profit falls as costs and provisions climb
• Safaricom rebound lifts NSE capitalisation
• Kenya to press ahead with Eurobond, undeterred by tapering
• Malawi inflation quickens to 23.5% in December
• • IMF says Mauritius economy to grow 3.7 percent in 2014
• Flour mills to invest over USD 1bn to expand capacity
• Oando awaits final approval for ConocoPhillips acquisition
• Nigerian Flour Mills 9-mth pretax profit falls 28 pct
• Dangote Boosts Sugar Self Sufficiency with $35m Investment
• Union Bank to raise USD 100m syndicated loan
• Flour Mills, NNFM record declined profits
• FBN, GTBank, Zenith Lead in Global Ranking
• Oando secures funding for closure of ConocoPhillips acquisition
• Oando Targets N100bn Earnings Annual Earnings
• Ecobank calls EGM on reform after criticism by Nigerian watchdog
• Non-oil sector drives Nigeria’s GDP growth
• Nigerian lawmakers’ fight with finance minister holds back budget
• Tanzania debut Eurobond could be up to $1 bln
• KCM output slumps
• Zambia, UK seal new taxation deal
• Zambia to Boost Power Capacity 39% This Year to Support Mines
• BAT to invest more in Zim
• TSL Profit up
• NMB floats US$50m SME bond
• Exor Petroleum in $9,3 million deal
• Tanzania firm eyes Zimglass
• Zimbabwe mining industry backs platinum refinery
• ZimAsset faces $27 billion hurdle