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.
• UAE's Aabar buys 5.1 pct stake in Egyptian developer Palm Hills
• Egypt's Palm Hills reports 150-percent jump in Q3 net profit
• Egypt's GB Auto profits rise 254% in Q3
• Egypt moves investment conference to avoid Chinese holiday clash
• Egypt consumer inflation rises to 11.8 pct in October
• Egypt's stocks back in green on blue chip gains
• Egypt consumer inflation rises to 11.8 pct in October
• Egypt's stocks dwindle; shrug Q3 results
• Egypt says to repay debts to foreign oil companies within six months
• Egypt issues first microfinance law
• Economic growth relies on locally made goods - Minister
• Ghana Seen Holding Benchmark Rate as IMF Talks Spur Cedi Gains
• Bank of Ghana Raises Policy Rate to 21%, While Cutting Range
• October inflation hits 16.9 percent
• Safaricom disputes regulators assessment of its voice service
• Equity gets Sh13bn for SME lending
• US fast food and ice cream chains open in Nairobi
• Nissan sets aside Sh1.3bn for new showrooms in major towns
• Investors keep off Uchumi rights as market price falls
• Kenya lifts KCB net profits after South Sudan slump
• Co-Operative Bank of Kenya's Q3 pretax profit jumps 2.5 pct
• Uchumi to renegotiate supplier trading terms
• Kenya Airways posts a pretax loss of 12.5 bln shillings in H1
• Stockbrokers make a killing as NSE turnover up Sh14bn
• IMF, Kenya agree on precautionary loan deal
• Kenya shilling strengthens after central bank intervenes
• Malawi October CPI at 23.3 percent year-on-year
• Air Mauritius first-half pretax loss widens on euro woes
• Mauritius central bank sees inflation at 3 pct by year end
• Dangote Promises to Monitor Cement Prices
• Diamond Bank to Boost International Trade
• Stanbic IBTC to introduce more ETFs at NSE
• Lafarge Nigeria unit to take complete control of United Cement
• FBN Holdings acquires Kakawa Discount House Limited
• Ecobanks Rapid Transfer provides quick payment solution for users
• Access Bank unveils customised debit card
• Nigeria consumer inflation eases to 8.1 percent y/y in Oct
• Oil Slide Echoes 2008 Pressure for Nigeria, Saudi to Defend Currency
• Equities Appreciate Further as Bulls Consolidate
• Emefiele Vows to Defend Naira on Falling Oil Prices
• Guinness gets approval to pay N4.8bn dividend
• Elumelu, Dangote Call for More Local Participation in the Oil and Gas Industry
• Tanzania says LNG project could cost up to $30 bln
• Hwange Seeks Shareholder Funds for Debt Fix as Coal Declines
• Cafca FY after-tax profits surge 43%
• SABMiller Zimbabwe Unit Profit Drops as Sales of Lager Decline
• Seed Co realises $16m revenue
• Zimbabwes Economic reform programme under threat
• Investment implementation still low