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.
• Telecom Egypt posts Q2 2015 net profit of $48.3 million
• Egypt's GB Auto 2nd-qtr profit falls on soft markets, currency
• Orascom Telecom Q2 net profit up slightly at 354 mln Egyptian pounds
• Egypt's urban consumer inflation drops to 8.4 pct in July
• Egypt Brief - 26.3 pct of unemployment rate among young people in 2014: CAPMAS
• Tullow Cuts Crude Production
• BoG announces new monetary policy measures
• Ghana 91-day bill yield rises to 25.215 pct
• Ghana Yields Drive Stocks to Longest Losing Streak on Record
• Government To Issue GHC500 Million Bond In August
• Ghana Credit-Rating Upgrade Is a Long-Term Goal, Terkper Says
• Ghana to Narrow Fiscal Gap More Than Expected, Mahama Says
• Ghana appoints Mitsui & Co as key partner for gas production
• Kenya's KenolKobil H1 2015 pretax profit rises up 69 percent
• Barclays unveils Sh30bn credit line for SMEs
• Kenya's Kakuzi H1 pretax profit falls 16 pct on poor fruit harvest
• Kenya Power signs deals to buy 76 MW of electricity
• Kenyan tea firm Sasini to pay interim dividend after land sale
• Barclays Kenya's profit rises 5 pct to 6.43 bln shillings
• Kenya's Diamond Trust Bank's first-half profit rises 14 pct
• Kenyan central bank looks to mop up 17 billion shillings
• Kenya's first oil export expected in October 2022
• Air Mauritius' pretax loss widens in Q1 on weaker euro
• Transcorp to merge power subsidiaries
• Stanbic IBTC shareholders approve new dividend option
• Dangote Cement Declares N121.8bn Half-year Profit
• Etisalat, Africa's IHS in Nigeria tower sale/leaseback deal
• Nigeria Skye Bank in talks to raise 30 bln naira before year-end
• Wapic Insurance Announces N4bn Gross Premium in Six Months
• Flour Mills of Nigeria to list 30.1 bln naira rights issue
• Nigeria's Zenith Bank H1 profit up, pays dividend
• Nigeria's new oil chief announces restructuring, audit
• Flour Mills to Merge Subsidiaries with Holding Company
• Nigeria's Buhari shakes up state payments system in anti-graft drive
• Nigeria to introduce new rules to stop tax evasion
• Nigerian Inflation Halts 7-Month Acceleration to Stay at 9.2%
• NMB reaps over 100bn/- in profit
• Tanzania to invest $380 mln over eight years in cash-starved farm sector
• Tanzania inflation at 6.4 pct yr/yr in July
• Tanzania Q1 2015 GDP growth slows on core industry slump
• Tanzania's current account deficit narrows 23 pct in year to June
• Zambia's central bank keeps key rate unchanged at 12.5 pct
• Zambia power firms to reduce supply to mines by 30 percent
• Mimosa revenue rises to $272mln on record production, platinum miners get Zimbabwe tax reprieve
• SeedCo collects $16mln debt, revenue up 11pct in FY
• Starafrica welcomes duty on sugar imports
• Tetrad Investment Bank up for sale
• Zimbabwe suspends platinum export tax -state-owned paper
• Govt, parastatal bonds to be listed on ZSE