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.
• Vodafone Egypt signs LE4 billion loan deal
• Egypt aims to renegotiate Suez Canal container port deal
• Egypt aims to renegotiate Suez Canal container port deal
• Egypt's Beltone to issue bonus shares, raise capital
• Egypt's market starts week in green
• Egypt central bank seen keeping rates on hold amid nascent recovery
• IMF says Egypt economy recovering, urges exchange rate flexibility
• Egypt keeps key interest rates steady, eyes risks to growth
• IMF says significant progress in Ghana aid talks
• Ghana says IMF satisfied with its fiscal reforms
• Ghana creates power ministry in bid to solve electricity crisis
• IMF to support Ghana's economic programme
• Ghana Plans Bond Sales on Bourse That May Halt Bank Auctions
• Orange back to drawing board as buyout bid flops
• Equity in race to avoid capital gains tax on transfers
• Kenya's KCB Bank to offer mortgage-backed securities
• Kenya to cross-list its $2 bln Eurobond on the Nairobi bourse
• Kenyan shilling seen stable unless central bank intervenes
• Kenya's Mombasa to start charging extra taxes at port - governor
• UBA Introduces Foreign Currency Transfer on Online Banking Platform
• Oando to Raise N49bn Fresh Capital via Rights Issue
• Carlyle Group Buys Stake in Diamond Bank
• Transcorp Hotels IPO Followed All Legal Processes
• Transcorp to begin construction on $140m Lagos hotel in 2 weeks
• Nigeria's Access Bank sees 'little' impact from naira devaluation
• Nigeria's parliament says Shell should pay $4bln for 2011 oil spill
• FCMB Partners Cornerstone on Insurance Coverage
• AMCON Completes Sale of Enterprise Bank to Heritage Bank
• Nigeria to cut petrol subsidy by half in 2015 as oil price falls
• Bond Yields Rise on Panic Sell-offs
• Nigerias Oil, Gas Industry Recorded $380bn Capital Flight in 30 Years
• Nigeria says too much boom time oil savings spent on state governors
• Nigeria currency devaluation to curb banks' Eurobond bonanza
• AXA buys Nigerian insurer for 198 mln euros
• Equities Market Gains N274bn in Three Days
• Tanzanian lawmakers to debate on energy graft despite objections
• Cement Output Set to Double Soon
• Illovo to expand business in Zambia
• 2015 economic outlook positive
• Zambian Inflation Advances to Three-Year High as Vote Looms
• Econet partners Ericsson in network upgrade programme
• Zimbabwe needs to create 140 000 jobs annually
• Banks demand Zimdollar losses compensation
• Zimbabwe Plans to Start Bond Market by June to Revive Trading
• Zimbabwe Stock Exchange bearish
• Sweden pledges $3m for infrastructure development
• Little room for Chinamasa to manoeuvre analysts
• Zimbabwe economy flatlines, state wage bill soars