Weekly African Footprint: October 03, 2014

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

•  Botswana GDP growth quickens to 1.6 percent q/q in Q2

Egypt

•  Dana Gas signs deal to recover $280mln owed by Egypt
•  Egypt's FIHC buys 12,000 tonnes sunflower oil in tender
•  Egypt's Qalaa Holding eyes $560 million capital boost
•  Egypt main index dragged down by foreign selling of blue chips
•  New factory could allow Egypt to start exporting petrochemicals to Europe
•  Egypt's top refinery hopes expansion will revive exports
•  Egypt's Sisi delivers economic reforms but hurdles remain
•  Egypt aims to pay $2bln to $3bln of debt to oil firms by end of 2014
•  Egypt state wheat imports to fall to 4-4.5 mln tonnes in next yr

Ghana

•  Economy prospects bright despite IMF reservation
•  Ghana to pay $1,600 per T for cocoa in 2014/15 season
•  IMF wants Ghana to freeze public sector wages

Kenya

•  Mumias in Sh5bn debt talks
•  Kenyan shilling weakens, Centum leads stocks higher
•  Kenya Overtakes Ghana, Tunisia as Data Revision Boosts GDP
•  Rwanda imposes 30pc tax on cross-border calls
•  Kenya central bank says to mop up 9 bln shillings from money markets
•  Kenya economy 25 pct bigger in 2013 after rebasing - government
•  Kenya's central bank says in market to mop up 6bln shillings
•  IMF says Kenya's new economic numbers show reforms are working
•  Port city plans for new cargo taxes angers Kenya govt, shippers
•  Kenya 91-day Treasury bill yield falls to 8.630 pct

Mauritius

•  Lux Island Resort says full-year profit jumps 127 pct

Nigeria

•  Nedbank Buys 20% of Ecobank as Qatari Lender Builds Stake
•  Investment Corp of Dubai eyes more business with Dangote
•  Investors Flock to Transcorp Public Offer
•  CBN Sells N114bn Treasury Bills
•  Analysts Raise GlaxoSmithKlines Expected TP to N76
•  Marriott to Build 50 Hotels in Nigeria, SAfrica, Egypt
•  Shareholders Applaud Conoil's N2.78bn Dividend
•  Nigeria Planning Airline on $2 Billion Aviation Expansion
•  Nigerias Doing Business Index Rises, Records 34 Points Improvement
•  Investors Stake N4.7bn on 273m Shares
•  World Bank Seeks Collaboration to Tackle Inequality

Tanzania

•  Tanzanian brewer eyes East African market
•  Group exits Tanzania Block 3 gas licence
•  Tanzania expects $2.5b in revenues

Zambia

•  Aussie firm to explore oil
•  Glencore halts Zambia zinc operation citing tax row

Zimbabwe

•  RTG Shows Signs Of Recovery
•  ZimRe To Delist From ZSE
•  Econet Rolls Out Digital Learning Platform
•  Cairns Eyes Huge Export Growth
•  Hwange Colliery's Loss Widens
•  Zimre eyes Nigeria
•  ABC Holdings H1 pre-tax profit declines
•  Starafrica doubles capacity
•  Tobacco volume up by 30%
•  Stock market continues on downward spiral
•  IMF says it will help Zimbabwe produce debt repayment plan
•  Zimbabwe Debt - Obstacle to Economic Recovery