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 retailer registers Kenya unit ahead of entry
• Egypt's Edita Q1 net profit rises to 59.5 mln Egyptian pounds
• Egypt's Juhayna says Q1 net income rises 51 pct
• Egypt's annual core, urban inflation slow in April
• Egypt's GDP expected at 3 pct in second half of fiscal year: minister
• Egyptian pound steady at official auction, stronger on black market
• Ecobank Ghana revenue jumps 45% in 2014
• Securities Depository posts strong results
• EU partners UniBank to assist SMEs in Ghana
• Foreign investors cut holdings in local securities
• Ghana to leave interest rates on hold on Wednesday
• Ghana Values State Companies for Possible Sale, Terkper Says
• Surprise Ghana Rate Increase Fails to Stem Cedi Slide to Record
• Kenya Power Receives $10m Loan Facility from UBA
• Kenya's Equity Bank plans 10-nation Africa expansion
• Kenyan shilling hits new three-year low, more losses seen
• Sh7bn set aside to market Kenya and revive tourism
• Kenya expects to privatise five sugar firms in next 12 months
• Kenya's central bank says in market to mop up 6 bln shillings
• Mauritius' Ciel Textile says 9-month pretax profits up 19 pct
• Mauritius Alteo 9-month pretax profit jumps
• Fidelity Bank to Raise N30bn through Bond Offer
• AshakaCem Posts N4.6bn Profit Despite N1.5bn Loss to Insurgency
• Shell, Seplat, Four Others Shut Down Producing Fields over Vandalism
• Five Banks Fined N312m in 2014
• Unilever shareholders okay 10k dividend, lament cost of borrowing
• Flour Mills Introduces New Product
• Fidelity Bank offers N700m reward on savings
• Skye Bank Records N137Billion Gross Earnings
• CBN May Loosen Forex Trading Restriction Rules
• Nigerian Equities Market Grows by N11.174 Trillion in 30 Years
• Nigerias GDP Growth Rate Declines Further to 3.86% in First Quarter
• Inflation Rate Predicted to Inch Up
• Nigeria, Kenya get $400,000 seed equity from AFDB
• CRDBs bank agents mobilise hefty deposits
• Zambeef to exploit DRC market
• KCM importing copper concentrates
• Rising copper price to assist Kwacha
• Foreign firm to inject $71m in mining
• Portugal eyes Zambian maize
• Zambia hikes fuel prices by 15 percent: energy regulator
• Zambia maize output to drop 21 pct - government survey
• Cafca Limited posts increase in profit
• Caledonia to focus on its primary operation in Zimbabwe
• Delta records a decrease in liquor
• Strengthening US$ hits Delta brands
• Zimplats output down 11pct, Mimosa up 9pct, says Implats
• Zimbabwe power company mulls selling $1 bln customer debt
• Non Performing Loans decline
• Diamond exports fell 34 pct in 2014, official