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 GDP growth quickens to 1.6 percent q/q in Q2
• Dana Gas signs deal to recover $280mln owed by Egypt
• Egypt's FIHC buys 12,000 tonnes sunflower oil in tender
• Egypt's Qalaa Holding eyes $560 million capital boost
• Egypt main index dragged down by foreign selling of blue chips
• New factory could allow Egypt to start exporting petrochemicals to Europe
• Egypt's top refinery hopes expansion will revive exports
• Egypt's Sisi delivers economic reforms but hurdles remain
• Egypt aims to pay $2bln to $3bln of debt to oil firms by end of 2014
• Egypt state wheat imports to fall to 4-4.5 mln tonnes in next yr
• Economy prospects bright despite IMF reservation
• Ghana to pay $1,600 per T for cocoa in 2014/15 season
• IMF wants Ghana to freeze public sector wages
• Mumias in Sh5bn debt talks
• Kenyan shilling weakens, Centum leads stocks higher
• Kenya Overtakes Ghana, Tunisia as Data Revision Boosts GDP
• Rwanda imposes 30pc tax on cross-border calls
• Kenya central bank says to mop up 9 bln shillings from money markets
• Kenya economy 25 pct bigger in 2013 after rebasing - government
• Kenya's central bank says in market to mop up 6bln shillings
• IMF says Kenya's new economic numbers show reforms are working
• Port city plans for new cargo taxes angers Kenya govt, shippers
• Kenya 91-day Treasury bill yield falls to 8.630 pct
• Lux Island Resort says full-year profit jumps 127 pct
• Nedbank Buys 20% of Ecobank as Qatari Lender Builds Stake
• Investment Corp of Dubai eyes more business with Dangote
• Investors Flock to Transcorp Public Offer
• CBN Sells N114bn Treasury Bills
• Analysts Raise GlaxoSmithKlines Expected TP to N76
• Marriott to Build 50 Hotels in Nigeria, SAfrica, Egypt
• Shareholders Applaud Conoil's N2.78bn Dividend
• Nigeria Planning Airline on $2 Billion Aviation Expansion
• Nigerias Doing Business Index Rises, Records 34 Points Improvement
• Investors Stake N4.7bn on 273m Shares
• World Bank Seeks Collaboration to Tackle Inequality
• Tanzanian brewer eyes East African market
• Group exits Tanzania Block 3 gas licence
• Tanzania expects $2.5b in revenues
• Aussie firm to explore oil
• Glencore halts Zambia zinc operation citing tax row
• RTG Shows Signs Of Recovery
• ZimRe To Delist From ZSE
• Econet Rolls Out Digital Learning Platform
• Cairns Eyes Huge Export Growth
• Hwange Colliery's Loss Widens
• Zimre eyes Nigeria
• ABC Holdings H1 pre-tax profit declines
• Starafrica doubles capacity
• Tobacco volume up by 30%
• Stock market continues on downward spiral
• IMF says it will help Zimbabwe produce debt repayment plan
• Zimbabwe Debt - Obstacle to Economic Recovery