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.
• Letshego enters West Africa
• Egypt's listed firms issue bonus shares to avoid tax on cash dividends
• Egypt's listed firms issue bonus shares to avoid tax on cash dividends
• Egypt arrears owed to oil firms rises to $3 billion at end-2015
• Egypt's 5-year, 10-year treasury bonds rise at auction
• Egyptian pound steady at official auction and black market
• Egypt to issue one-year $850 million T-bill
• Ghana to issue 500 mln-cedi ($131 mln) 3-yr domestic bond on Thursday
• Bank of Ghana pays 24.75 pct yield on 500 mln cedi bond
• Kenyan shilling steady, activity to pick up next week
• Kenyan shilling steady, seen gaining on NGO dollar sales
• Kenya private sector activity expands faster in December - PMI
• Kenyan telecoms regulator accuses government of clipping its powers
• Kenyan Authority Recommends Lifting of Ban on GM Corn Imports
• Kenya growth to hit 5.7pc on mega projects
• Mauritius offers 3-year and 20-year T-bonds worth 3 bln rupees
• Mauritius inflation at 1.3 percent in December
• Access Bank Partners Airtel on Smart Savers Initiative
• MTN Acquires Visafone in Landmark Industry Deal
• Vitafoam Nigeria to Pay N248m in Dividends for 2015
• Naira drops to 263/dollar, forex market resumes today
• FG records N520bn shortfall in tax revenue
• IMF head visits Nigeria as president seeks way out of economic crisis
• IMF's Lagarde Says Nigeria Needs Flexibility in Monetary Policy
• Naira falls to 267.5 as dollar demand rises
• Nigeria's crude oil export dips by N4.4trn in 9 months
• Pressure Mounts for Nigeria Naira Devaluation on Oil Plunge
• CBN Sells N136bn Treasury Bills
• CBN Sells N136bn Treasury Bills
• Bank M registers all-time high profit
• Banking sector swims in safe waters
• Zanzibar current account deficit widens
• Tanzania Plans to List 49 Percent of Power Utility This Year
• Dar to maintain 7.0 per cent economic growth in 2016
• Insurance sector records substantial growth, assets swell to 600bn/-
• Zambian president reverses decision to hike electricity tariffs
• Zambia to hold presidential, parliamentary votes on Aug. 11
• RTG online platform boosts tourism growth
• Vast Resources secures $7mln from US fund
• Caledonia sets Blanket Mine 17pc output target
• Ariston profit after tax up
• Govt to float infrastructure bond
• New indigenisation framework unveiled
• Zimbabwe stock market cap shed $1.3 bln in 2015, seen subdued this year
• Eskom signs agreement to sell power to Zimbabwe
• Zim, China city ink investment deal
• Banking sector profits shoot up to $86mln over nine months
• Yuan adoption to ease liquidity crisis says Oxford research firm