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 Bucks Trend as Africa Central Banks Tighten Policy
• BW Gas to provide Egypt with floating LNG terminal: EGAS
• Emaar Misr's IPO buyback offer heavily oversubscribed
• Emaar Misr says H1 net profit up 283 pct to $66.7 mln
• Sidi Kerir H1 profit falls to 421.8 mln Egyptian pounds
• Egypt's Global Telecom reports $28mln Q2 net profit
• Egypt expects to import 7.79 mln tonnes of LNG this fiscal year
• Egypt Brief - British arms sales to Egypt increased by 3000 pct during Sisi: Newsweek
• Egypt central bank keeps benchmark rates unchanged: Statement
• Egypt's business activity falls in July as production drops
• Egypt awards five oil and gas concessions worth $100 mln
• Egypt Brief - Foreign direct investment increased 193 pct: C. Bank
• C. Bank says foreign reserves decline of $ 1.5 billion
• Egypt's business activity falls in July as production drops: PMI
• SIC's premium in 2014 grows by 17.85%
• Ayrton Drug determined to make profit
• Ecobank announces board changes
• FNB commences Ghana operations this month
• Ghana, Germany sign two financial agreements
• Government urged to offload shares in listed comp
• Safaricom seeks TV station licence with eyes in Internet broadcast
• Kenya's Equity Bank posts 12 pct jump in first-half profit
• Kenya says national airline may need $500-$600 mln bailout
• Kenya's Nation Media's H1 profit falls after TV shutdown
• Kenya Central Bank Urges Slower Pace on Bank Consolidation
• Kenyan hoteliers see signs tourism slump has bottomed out
• Kenyan shilling steady as tight liquidity offers support
• Mauritius' business confidence ticks up in Q2, remains low
• Mauritius offers 2-year central bank note worth 1 bln rupees
• Mauritius inflation at 0.6 pct year-on-year in July
• Starcomms Limited, 25 Others Makes Fidelity Bank's N16.126bn Debtors' List
• Skye Bank Posts N10.07 Billion Profit in Six Months
• Barclays seeks engagement in Nigeria, consolidates African units
• MTN approaches CBN for early repayment of $600m debt
• Access Bank Introduces Scheme to Ease Customers' Trade
• FBN Holdings Foresees Slower Profit Growth as Oil Falls
• Zenith Bank Mulls Interim Dividend Payment
• Shell declares force majeure on Nigerian gas supplies to NLNG
• CBN's N213bn power fund to be disbursed in 3 weeks
• Nigeria's Buhari seeks to cut recurrent expenditure in 2016 budget
• IMF: Nigeria's Financial Penetration Rate Still Low
• New head of Nigeria's state oil company sacks top management
• Naira Rebounds on Parallel Market after CBN Dollar Sale
• Nigeria central bank acts to curb speculation and support naira
• EABL to defend Tanzania investment
• Financial magazine crowns NMB best bank in three years
• TOL finances show positive turn-around
• Yetu microfinance extends IPO period
• Standard Chartered Bank records strong first half performance
• Tanzania cuts diesel, kerosene prices; raises petrol
• Local cement makers call for level playing field
• Canada's First Quantum Minerals to lay off 1,480 workers in Zambia
• Dangote to double Zambia cement investment to $900 mln
• First Quantum says Zambia's electricity utility restores power
• Low liquidity affects lending
• Zambia to benefit from over 70m for agriculture
• Zimplats records a loss after royalties of $33 million
• Delta records a decline in revenue
• $40m boost for Blue Ribbon
• Meikles to invest $100m
• First Mutual partners Momentum Health
• Old Mutual posts $33,1m profit
• Economy has stalled, GDP growth projections too ambitious
• Zim-Mozambique trade grows 64pct in two years
• World Bank economist says Zim companies need support, not protectionist measures
• Zimbabwe receives $210 mln in foreign loans for projects
• RBZ targets 5% NPLs by 2016
• Zimbabwe banks agree to lower interest rates - c/bank
• Zimbabwe eyes Swedish market