Weekly African Footprint: April 01, 2016

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

•  Botswana GDP grew 4.9 pct in Q4

Egypt

•  Egypt's Banque Misr in talks for 300 mln euro syndicated loan
•  Egypt's GASC again cancels tender to buy rice
•  Egypt's Ezz Steel posts 2015 net loss of $47mln
•  Telecom Egypt says appoints Tamer Gadallah as CEO
•  Egyptian pound weakens to record against the dollar on black market
•  Egypt's 5-year bond yield jumps in Monday's auction
•  Egypt c.bank governor says pumped $22 billion to clear goods piled at ports

Ghana

•  Gold Fields' Ghana deal may safeguard 2,000 mining jobs
•  CDS migrates accounts onto new platform

Kenya

•  Standard Group shelves dividend as losses bite
•  Kenya's TransCentury secures six-month extension to pay bondholders
•  Family Bank profit heads towards the Sh2 billion mark
•  National Bank of Kenya board sends CEO, five managers on forced leave
•  Kenya Re reports 15 pct rise in 2015 pretax profit
•  Kenya's National Bank posts $11.9mln loss for 2015
•  Total Kenya 2015 pretax profit rises 15 pct on stronger sales
•  Kenya's Jubilee Holdings FY 2015 pretax profit up 5 pct
•  Kenya Airways to send home 600 workers
•  Kenyan shilling stable amid weak dollar demand
•  Kenya scraps construction of new terminal at Nairobi's main airport
•  Kenya GDP growth seen at 5.9 pct in 2016, 6 pct in 2017: World

Malawi

•  IMF to resume Malawi loan programme

Mauritius

•  Mauritian sugar producer Omnicane's pretax profit up 24 pct in 2015
•  Mauritius maintains 2016 growth forecast at 3.9 percent

Nigeria

•  Unilever records N59.2 billion turnover
•  Fidelity Bank Partners NEPC, LBS to Build Capacity for Exporters
•  Stanbic IBTC Notifies Market of Delayed Results
•  Skye Bank to Record Lower Profit on Impairment Charges
•  Dangote refinery will end fuel crises'
•  FCMB Group posts N152.5b revenue, N7.8b gross profit
•  GTB unveils 'Bank 737' for transactions
•  S&P affirms MTN rating on tamer dividend as Nigerian fine looms
•  U.S. to press Nigeria on foreign exchange rate flexibility
•  Nigeria's Business Confidence Index Down to 12-month Low
•  Nigeria talks to Chevron, Total and ENI to revamp refineries: state oil firm
•  IMF cuts Nigeria growth forecast again amid oil slump
•  Buhari to check Nigeria budget "ministry by ministry" before signing

Tanzania

•  Dubai's Dodsal Group says makes big Tanzania natural gas find
•  Chinese investors eye Tanzania's energy sector
•  Treasury bonds undersubscribed

Zambia

•  Treasury bonds undersubscribed
•  Zambia says to add 420 MW to its electricity grid in 2016
•  Kwacha to continue on firm ground
•  Kwacha to continue on firm ground
•  Zambia introduces tighter screening of mineral exports
•  Kwacha climbs by 1.33 percent

Zimbabwe

•  Pearl Properties in standstill position
•  RioZim loss falls 52pc
•  Padenga Holdings expects solid performance
•  Padenga Holdings expects solid performance
•  Dawn Properties reports $3,8mln after tax loss in FY15
•  Turnall back in the black, vows to sustain profitability
•  Atlas Mara's BancABC reports $2,4mln FY PAT
•  Atlas Mara's BancABC reports $2,4mln FY PAT
•  Zimbabwe commits to compensating dispossessed white farmers, but says funding a problem