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.
• World Bank, Botswana Study Company Stakes in Zambezi Pipeline
• Italy's Eni makes mega gas discovery off Egyptian coast
• Egypt's Orascom Construction posts net income of $35.2 million in q2 2015
• Initial investment in Eni mega gas field in Egypt about $3.5 bln
• Egypt's El Sewedy Electric posts Q2 net profit of $68.63 mln
• Egypt money supply up 16.5 pct in July
• Number of tourists visiting Egypt up by 2.9% in July: CAPMAS
• Egypt business activity expands in August at sharpest rate of 2015
• Egypt says Zohr gas find will not undermine talks on imports from Israel
• Ghana says postponed 5-year domestic bond slated for this month
• IMF approves second disbursement to Ghana
• Ghana's Cocobod says paid back $1.7 billion cocoa loan
• Ghana Controlling Spending as Decline in Oil Threatens Budget
• CSD announces settlement cycle change
• Kenyan supermarket chain Uchumi's full-year earnings to fall 25 pct
• Kenya's Standard Group posts 90 pct fall in first-half profit
• Loans may help Kenya Airways take delivery of Boeing 787s
• Kenya inflation falls to 5.84 pct year-on-year in August
• Kenyan shilling steady, seen under further pressure
• Honeywell Flour Mills' profit declines by 38.7%
• Flour Mills Promises Shareholders Better Returns
• NAICOM Approves Nigeria Re's 2014 Accounts
• Transcorp, better positioned for sustained growth
• Dangote Cuts Nigeria Cement Price to Boost Consumption
• UBA Records 40% Rise in Half Year Profit
• Fitch: Nigerian banks in trouble, may post decline performance indicators
• Stock Market Sustains Positive Momentum
• Nigeria must eradicate oil theft in eight months-NNPC
• Mobile Money Gets Boost as CBN Loosens Restriction on Telcos
• Nigerian state oil company to split up downstream subsidiary
• Swissport H1 profit breaks records
• Shilling sinks 24pc in eight months
• Tanzania Resumes Talks for $800 Million to Support Shilling
• Tanzania cuts fuel prices on lower import costs, stable currency
• KCM still consulting State on copper concentrates
• Madison records over K17 million profit
• China's NFC Mining shuts down some operations at Zambian copper mine
• REIZ records over K10m exchange losses
• Zambia's central bank says current monetary stance appropriate
• Zambia forecasts lower growth, larger deficit as copper earnings shrink
• Zambia to Halt Issue of Mine Rights While Reviewing Regulations
• Zambia's kwacha weakens 2 pct as power woes, copper prices weigh
• Zambia Rules Out FX Controls as Intervention Becomes Hard
• FBC after tax profit up by 22%
• Dangote Seeks Zimbabwe Investments in Cement, Power, Mining
• Zimplats posts record loss after sales drop, tax charge
• Tanzania's Bakhresa to inject $20 mln into Blue Ribbon, shareholders offered $1
• Implats' Zimbabwe unit to ramp up 2016 output by almost 50 pct: CEO
• Mwana Africa seeks to raise $5,6mln to restart diamond mine
• Mobile network operators register a 14pct fall in Q1 revenue
• Zimbabwe relaxes empowerment law to boost investment-govt paper
• Local bourse performance on free fall