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.
• Egypt's Qalaa Holding posts 67 pct fall in Q3 net loss qtr-on-qtr
• Egypt's foreign reserves fall to $15.88 bln at end-Nov
• Egypt tourism revenues more than double in third quarter
• Egypt consumer inflation falls to 9.1 pct in November
• Fiscal Deficit Target Impossible -Fitch
• Ghana consumer inflation rises to 17.0 pct in Nov
• Centum sells 2.1m shares of Longhorn Publishers
• Safaricom stock touches record Sh600bn at NSE
• EABL starts delivery of drinks to customers doorsteps
• Samsung phone buyers to get Barclays loan
• Hope for users as KenGen adds geothermal power
• Centum seeks controlling stake in Almasi Beverage
• KenGen seeks bids for design, construction of 210 MW geothermal power projects
• NIC Bank gets more than double Sh2.1bn sought in cash call
• Kenya's NIC Bank raises $23 mln in rights issue
• Co-op Bank of Kenya to cut 160 jobs, mainly in management
• Kenya Sees Growth Accelerating on Investments in Infrastructure
• Kenya MPs Debate Tough Security Laws Criticized by Opposition
• Kenya to scale down 5,000MW generation target
• Mauritius bank opens Kenya office
• Kenyan shilling slightly weaker, central bank action eyed
• Kenya offers 2-year bond and re-opened 15-year bond -central bank
• Kenya to boost 2015/16 spending by 10 percent
• Roads, power plants to drive up Kenya's budget in 2015/16
• Kenya parliament votes to double foreign borrowing limit
• Mauritius Ruling Coalition Seen Winning Parliament Election
• Ecobank to Raise $250 Million by March to Boost Nigerian Capital
• Oandos rights offer to end in January
• Lafarge Africa offers to buy out minority shareholders in Ashaka Cement
• Soap maker PZ Cussons profit falls on Nigeria woes
• Nigerian Breweries Introduces ACE to Cover New Market Segment
• Nigerian, Consolidated Breweries Shareholders Approve Merger
• Oando Increases Ebendo Production by 400%
• Access Bank Hailed over Impressive Results
• Mobius Says Political Improvements Will Boost Nigerian Stocks
• Nigerias Jonathan Chosen as Ruling Party Election Candidate
• Naira, Nigeria Stocks Fall as Oil Teams With Vote to Hit Outlook
• Nigeria naira eases on strong dollar demand
• World Bank lends $200 mln to Nigeria phone firm for tower deal
• Tanzania inflation inches down to 5.8 pct in year to November
• Food prices pull down Tanzania's inflation in November
• Total plans $10m Zim investment
• Hwange Coal output goes up 60%
• Bindura Nickel Corporation profits rise on bullish nickel prices
• ART posts $1,1m loss as turnaround prospects dim
• Zimplats starts redevelopment of Bimha Mine
• Byo-based Merlin secures US$30m Japanesse investment
• Vice President Mujuru, 8 Ministers Fired
• No appetite to bring back Zimbabwe dollar
• Zimbabwe, Russia in talks over agriculture
• Zimbabwe energy regulator speaks on fuel prices