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 seeks bids to build solar plants for mines
• Egypt debt to foreign oil companies at $3.5 billion: official
• Egypt business activity expands in June for first time in five months -PMI
• Egypt raises gas price paid to Italy's Eni and Edison -EGAS official
• Egypt's central bank governor says pound depreciation not worrying
• Egypt has stopped all cotton imports: agriculture ministry
• Egypt says foreign reserves rise to $20.080 bln at end-June
• Egypt's urban consumer inflation drops to 11.4 pct in June
• Ghana Gas Company shuts plant over Tullow gas supply disruption
• Ghana says has sold enough cocoa to service 2014 loan
• Cedi records biggest gain in 2015
• ADB Bank Initial Public Offer commence
• Cedi on recovery path
• Ghana's ruling party reclaims parliamentary seat in by-election
• Ghana cocoa farmers say output to bounce back next season
• Ghana Cedi Gains Most Since February on Expected Bond Inflows
• Airtel says investment plans still on
• Kenya's Safaricom says new telecoms rules may deter investment
• KenGen's Sh15bn rights issue gets Govt backing
• Kenya's struggling Mumias Sugar names new CEO
• Kenya's main port sacks 27 strike leaders as losses hit $2 mln
• Kenya's New Central Bank Governor Hamstrung by Sliding Currency
• Kenyan shilling at new 3-1/2-year low, passes 101/dollar
• Mauritius inflation at 0.4 pct yr-on-yr in June
• Nigeria FidelityBank sees 2015 pretax profit at 23.5bln naira
• Nigeria Fidelity Bank raises $151 mln via bond issue to boost lending
• Dangote Expands Its Footprint
• Dollar dividend: Seplat currently pays in naira, interim pending
• UBA Succeeds with N11.5 Billion Rights Issue
• Diamond Bank, Geometric, Others Seal N15bn Power Dea
• Stanbic IBTC's half-year profit falls by 52%
• Nigerian central bank in no mood to devalue naira
• Nigerian States Mulling Bonds as Revenue Falls, Regulator Says
• Shilling nose-dives again
• Chinese owned private bank set up in Tanzania
• Tanzania resumes debate on energy bill after suspending opposition MPs
• Annual headline inflation rises to 6.1 per cent
• IMF cautions on foreign exchange intervention
• Cash-strapped Tanzania must boost revenue to finance public spending: World Bank
• Tanzania's Dar es Salaam port to handle 25 pct more cargo in 2015: president
• Private equity firm Fanisi buys stake in Tanzanian agro-processor
• GEM RioZim Investments ups stake in RioZim
• Meikles eyes DRC
• ZFC launches new product, eyes profitability
• Zimbabwe's Econet asks suppliers to slash prices, cuts salaries
• Zim's historic ATS in false start as settlement platform faces hiccups
• Zimbabwe diamond production down 36%
• ZSE electronic trading takes off
• RBZ to spend a $1m on Aurex
• IDBZ appeals for debt removal