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 plan to grow economy in next 6 years not enough to end poverty
• Telecom Egypt more than doubles first-quarter net profit
• Egyptian real estate company Palm Hills posts 43 pct profit drop
• Egypt's EFG-Hermes falls to Q1 net loss of 63.66 mln pounds
• Egypt's EFG-Hermes falls to Q1 net loss of 63.66 mln pounds
• Egypt's EFG-Hermes falls to Q1 net loss of 63.66 mln pounds
• Egypt's annual urban consumer price inflation jumps to 10.3 pct in April
• Egypt's annual urban consumer price inflation jumps to 10.3 pct in April
• Egypt's annual urban consumer price inflation jumps to 10.3 pct in April
• Egypt's annual urban consumer price inflation jumps to 10.3 pct in April
• M-Pesa transactions rise to Sh15bn daily after systems upgrade
• Kenya's Equity Group's pretax profit jumps 19 pct in Q1
• Safaricom earnings lifted by mobile data and payment service
• "Kenyan shilling edges down in line with global markets
• Kenya Central Bank Says It Has Space to Ease Tight Policy
• Kenya Central Bank Sees Current-Account Gap Narrowing on Inflows
• Room revenue helps lift Mauritius Sun Resorts' Q3 profit
• Transcorp completes N30bn bond issuance for expansion
• Oando Increases Gas Footprint via Ajaokuta LNG Project
• Sterling Bank's Share Price Rises as Lender Distances Self from Slush Deals
• AshakaCem Independent Power Plant to Gulp $100m
• Unilever shareholders approve N189.2m dividend payout
• FCMB Group's gross revenue dropped in Q1
• Nigeria's Buhari signs delayed 2016 record budget into law
• Recapitalisation: Operators Consider Capital Injection, Merger to Meet Deadline
• Nigeria investigates banking deals, questions CEOs
• Nigeria raises 52.5 bln naira in local currency bonds at higher yield
• N350bn release for capital projects begins Friday
• NMB bond goes on offer today
• Swissport builds best cargo terminal in Africa
• Sale of DSE discounted shares starts next Monday
• Tanzania inflation at 5.1 pct yr/yr in April
• Tanzania Plans Foreign Loans in Next Fiscal Year, Ndulu Says
• Zambeef to honour tax assessment
• Zambia's kwacha firms 1 percent as risk appetite resurfaces
• 'Zambia's mining sector to rebound'
• Metallon to spend $31 million in 2016
• CFI set to conclude Suncrest deal
• Nestle Zim to increase milk output
• AfSun starts hotel renovations, seeks funds for expansion
• Innscor shareholders approve Axia Corporation unbundling
• Econet, Seacom said to be courting Neotel
• Caledonia increases Q1 gold output, tax charge hits PAT
• CAFCA H1 revenue falls 34pct, says difficult times lie ahead
• 'It's a stimulus package,' Zim central bank clarifies currency move after backlash
• Zim turns to PTA, Belarus for credit to fund miners, new diamond firm
• Zimbabwe backtracks from converting export earnings to euro, rand