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 grew 4.9 pct in Q4
• 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
• Gold Fields' Ghana deal may safeguard 2,000 mining jobs
• CDS migrates accounts onto new platform
• 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
• IMF to resume Malawi loan programme
• Mauritian sugar producer Omnicane's pretax profit up 24 pct in 2015
• Mauritius maintains 2016 growth forecast at 3.9 percent
• 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
• Dubai's Dodsal Group says makes big Tanzania natural gas find
• Chinese investors eye Tanzania's energy sector
• Treasury bonds undersubscribed
• 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
• 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