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 Budget Surplus to Widen Even as Economic Growth Slows
• Egypt's Al Nouran plant sugar to start operations in Q4 2016: CEO
• Egypt's tourism revenues up 27 percent in 2014: minister
• Egypt's foreign reserves rise to $15.43 bln at end-Jan
• Ghana earns $1 billion in petroleum revenue
• Ghana Mining Companies Consider Mine Sales on Power Cuts
• Kenya Airways up 41pc on positive investor outlook
• Treasury seeks an extra Sh137bn to finance major growth projects
• IMF approves $688 million precautionary loan for Kenya
• Kenyan shilling firms on tea inflows, outlook weak
• Kenya's central bank to sell 2-year, 10-year bonds in Feb
• Malawi central bank keeps benchmark lending rate at 25.0 pct
• Afren gets a months grace for $65 mln in debt payments
• Nigeria's Seplat gets more time to make an offer for Afren
• First Bank Unveils DR Congo Subsidiary
• PZ Shares Rise Despite Decline in Half-year Profit
• Skye Bank's Balance Sheet Rises to N1.5tn
• Dangote Flour Mills suffers N2.9bn loss
• Guinness Records 32% Decline in Profit
• Four Nigerian Banks among Top 500 Global Banks
• First Bank to Partner Group on N50bn Credit
• Diamond Bank of Nigeria to curb lending on risk of slowdown and slump in the naira
• Seplat acquires interest in OMLs 53, 55
• Access Bank Assures Investors of Higher Returns
• Foreign Investors Withdrew $4.5bn from Stock Market in 2014 - NSE
• Foreign Participation in Debt Market Drops to 13.7%
• Nigerias Nominal GDP to Hit N156.29trn in 2019
• NSE Gives Companies Two-month Grace to Pay Fees
• CBN to Boost Forex Liquidity with $30,000 to BDCs
• Nigeria slashes 2015 budget as oil price slump bites
• Nigeria naira at new record low against dollar
• Nigeria Says It Has Budget Plans for Oil Price as Low as $45
• Tanzania cuts fuel pump prices after import costs fall
• $200m cement factory on cards
• Zambian president directs government to resolve mining tax rows
• TSL Limited after tax profit declines
• RioZim to raise $10m for mine reopening
• Mine collapse dents Zimplats performance
• Tetrad under judicial management
• TSL Revenue Goes Up 19 Percent
• Fidelity invests $2,5m in funeral assurance
• Government urged to review 15% tax on unrefined platinum
• AfrAsia Zimbabwe posts $9mln loss in FY2014