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's BCL Mine plans $250m bond to pay for acquisitions
• France signed deals worth 2bln Euros with Egypt
• Egypt to launch new oil exploration round next week
• Egypt pound weaker on black market amid dollar hoarding
• Egypt pound weaker on black market amid dollar hoarding
• Ghana's ADB Said to Raise 450 Million Cedis in Initial Offering
• Ghana's Dollar-Starved Currency Market Eyes Gold, Cocoa Boom
• Govt To Borrow GH¢500m
• Ghana names monetary policy specialist as deputy central bank governor
• Kenya's Britam Holdings swings to full-year loss
• Kenya KCB Group to manage and may buy closed Chase Bank
• Stanchart, Kenya Airways (KQ) axed from NSE 20 Share Index
• Small lenders to bear heavy burden of sector shockwaves
• Kenya seeks to boost tax collection to cut deficit
• Court stops CBK, Imperial bank from paying depositors
• Kenya Revenue Authority misses Treasury's revenue target by Sh69 billion
• Malawi's inflation slows to 22.1 pct y/y in March
• Mauritius 91-day Treasury bill yield edges up to 2.72 pct
• Eni declares force majeure on Nigeria's Brass River grade crude-trader
• Shell says theft from its Nigerian oil pipeline network fell in 2015
• Total lifts Nigeria's gas output with $5.7bln investment
• Shareholders Approve Transcorp Hotels' Expansion Drive
• Shell pays Nigerian govt $42b oil revenue in four years
• Dangote asks FG to invest in infrastructure, housing to support growth
• Dangote Sugar Refinery Shareholders Approve N6bn Dividend
• Nestle Opens N5.6bn Water Factory to Create Jobs
• Nigeria opens tender seeking partners to revive its ailing refineries
• Nigeria's Buhari needs more time to sign 2016 budget: minister
• Nigeria collects $13.57 bln in government account: accountant-general
• Nigerian revenues fall to $1.50 bln in March: ministry
• Yields on Nigeria's Treasury Bills Rise Across Board
• CRDB posts impressive Q1 results in Burundi this year
• CRDB microfinance profit soars
• TOL profitability continues
• Acacia Mining Q1 results undercut by tax crackdown
• Tanzania to export cassava to China
• Shilling lost battle, goes down 0.3 pc
• T bills sale undersubscribed as tight liquidity affect investors
• Zambia Sugar set to improve cane quality, quantity
• Kwacha edging to breach K9 levels
• Zambia to Regulate Prices of Staple Corn Meal, President Says
• Zambia's planned IMF package dulls impact of Moody's downgrade
• Zambia, IMF agree on steps towards aid programme by fourth quarter
• Phoenix delisted from ZSE
• Zimasco cedes chrome claims to Govt
• Innscor unbundles specialty retail
• Sinosteel cedes half its chrome claims in Zimbabwe to state
• Innscor shareholders to approve Axia unbundling at EGM
• Old Mutual urges diversification after drought, poor mineral prices put Zim economy in recession
• Lafarge reports $1,9mln FY15 loss after debt pay-off
• Willdale sets up logistics unit, production now at 160mln bricks annually
• March inflation at -2.31pct - Zimstat
• Zimbabwe's trade deficit narrows in Q1