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 diamond exports down 38 pct yr/yr in 2015, seen recovering
• Egypt's GASC gets wheat tender offers despite quality row - trade
• GM suspends Egypt operations due to currency crisis: company source
• General Motors to resume operations in Egypt
• Egypt cancels wheat tender due to insufficient offers: MENA
• Egypt's petroleum imports down 72% in October: CAPMAS
• Egypt central bank meets exchange bureaus in bid to put lid on black market rates
• Egypt's foreign reserves rise a notch in January for fourth month in a row
• Ghana Gas in serious debt
• Ghana targets 5.4 pct GDP growth in 2016 vs 4.1 pct in 2015: finmin
• CMA asks Transcentury to disclose debt settlement plan
• Uchumi Supermarkets creditors raid Uganda assets
• KCB in deal to boost mortgages, sends 30 developers to Brazil
• Foreign currency reserves rebound to $7bn after January slide
• Kenya's shilling little changed, seen rangebound
• Air Mauritius says swings to profit in third quarter ended Dec
• Mauritius Jan inflation eases to 0.4 pct y/y
• Mauritius business confidence bounces back in last quarter of 2015
• Dangote to Construct New Cement Plants in Itori, Okpella
• Nigerian Breweries Profit Falls as Weak Naira Raises Costs
• Guinness Nigeria to issue N10bn commercial paper on OTC market
• GTBank announces final tender results
• Nigeria seeks cheap loans from international agencies: finance minister
• CBN's Real Sector Financing Rises to N1.4trn
• Nigeria hopes to cut down on borrowing, graft due to better cash management
• Nigeria's parliament delays vote on revised 2016 budget
• Nigeria to expand stock exchange range to lure investors
• Expert defends listing of firms
• Govt secures credit rating services for Eurobond issue
• Tanzania's inflation slows in January due to food prices
• Central Bank sets 80 pc financial inclusion target
• Tbills oversubscribed as investors' appetite soars
• China glass factory sets eyes to regional market
• Zambia posts steady rise in exports
• Kwacha tilts to appreciation
• Zambia scraps 73 pct rise in electricity tariffs - state power firm Zesco
• Zambia planning to add 1,500 MW to national grid by 2020
• Kwacha firms up against dollar
• Zambia Says Mines Will Have to Live With Higher Power Tariffs
• Zambia's central bank leaves benchmark lending rate unchanged at 15.5 Pct
• Delta to increase Chibuku Super production
• Mimosa revenue down 32pct to $99mln in H1
• Caledonia Mining hedges 15,000oz of gold production
• Textile industry to increase capacity utilisation to 45%
• Banking sector profits double
• BCC gives UK firm $68mln contract for waste-to-energy plant
• Government to review fuel price
• Government seeks investor for ZSE stake
• Zimbabwe calls for $1.6 bln in aid to pay for food
• Updated: Zim seeks $1,1 billion to clear WB arrears