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 inflation eases to 2.8 percent yr/yr in April
• Botswana approves environmental plan by A-Cap Resources to build uranium mine
• Egypt's CIB reports 17 pct rise in Q1 net profit
• Egypt's Pioneers Holding to invest 1.7 bln pounds by end-2016
• Egypt's Beltone board agrees to 1 bln pound capital increase
• Egypt's 91-day T-bill yield eases, 273-day yield rises at Sunday's auction
• Egypt local wheat buying up to 2.67 mln of planned 4 mln tonnes
• Egypt imposes 900 Egyptian pound/tonne sugar export tax
• Ghana's Issahaku Maintains Rate as Inflation Burden Eases
• Ghana's telecom subscribers hit 35 million - Minister
• Sugar mills post highest output ever for Kenya
• Why BAT won't raise farmers' earnings yet
• Copy Cat mulls listing on Nairobi bourse
• MPs plan hearings on Safaricom bids scams
• Co-op Bank of Kenya's pretax profit up 10 pct in Q1
• Co-op Bank of Kenya's pretax profit up 10 pct in Q1
• Kenya's Safaricom says leaked report shows no wrongdoing
• Kenya Mulls Scrapping Some Tea Taxes to Make Industry Profitable
• Yields fall at sale of Kenyan 2-year, 9-year T-bonds
• Treasury moves to cap shareholding at Nairobi Securities Exchange
• Malawi's April inflation slows to 20.9 percent year-on-year
• Mauritius' Omnicane says 2016 Q1 pre-tax loss surges 66 pct
• Mauritius 2016 sugar output seen up 9 pct due to better weather
• Mauritius 5-year Treasury bond yield falls to 4.23 pct
• Mauritius 2015 jobless rate rose slightly from previous year to 7.9 pct
• Mauritius raises its 2016 tourism earnings forecast by 2 pct
• FCMB Group revenue, gross profit decline in Q1
• Custodian records N5.7bn profit
• Zenith Bank, French Firm Sign $100m Pact to Boost Power
• Profit Dips Again for Seplat, as Firm Records N4.5bn Loss in Q1
• Unity Bank records N78.8 billion earnings, N4.6 billion profit
• Orange Targets Expanding Nigerian Companies Adopting More IT
• NASCON Pays N1.46bn Dividend, to Invest in Product Lines
• Nigeria faces oil output slump as Exxon shuts flows
• Fixed Income Securities Market Attracts N32tn in Four Months
• Nigeria denies report of plan to devalue naira; no request for IMF funds
• Nigeria Inflation Quickens to Fastest Pace in Almost 6 Years
• Nigerian oil output down 40 pct on Delta pipeline attacks
• Domestic flights in Nigeria disrupted by fuel shortage -aviation authority
• Nigerian policymaker seeks restriction of portfolio investment -MPC minutes
• Nigeria raises 111 bln naira in T-bills at higher yields
• Swissport cargo volume drops seven per cent
• Tanga Cement declares 80/- final dividend per share
• DSE's initial offer staged for oversubscription
• CRDB eyes foothold in DR Congo
• Tanzania to begin building $3 bln fertiliser plant this year
• Zambia Sugar to reduce EU exports
• Chilanga gets new cement plant
• Zambia gets over $700m investment pledges
• New mining tax regime to boost FDIs
• Zambia's chamber of mines defends new price-based mineral tax
• Zambia's government in talks with IMF after weak copper prices hurt economy
• CFI eyes return to profitability
• Delta to invest $30m in two Chibuku plants
• Innscor's Axia lists on ZSE
• EcoCash, MTN launch money transfer service
• Dairibord revenue declines 6pc
• NMB income falls, eyes $40mln lines of credit
• Padenga says on course to meet culling target
• Inflation rate for April at -1.64pct
• Zimbabwe halves 2016 growth forecast to 1.4 percent
• Zim gold output up 21pct in Q1 as power supplies improve
• Zim's saving rates low
• Zimbabwe Cement Industry Demands Dangote Face Import Tariffs
• Zimbabwe offers empowerment law exemption to attract equal partner in state airline
• Zimplow raises $1,2mln from sales of non-core property