Markets Coverage

Nigeria: FX Reserves Surges to $41bn, Highest in 44-Mths

Exxaro Shares up +9% on JSE on impressive HY1 Profit Jump

Kenya Seeks to Convert $5bn SGR Loan to Yuan, Eyes $1bn Annual Savings

Sanlam Kenya HY1: PAT -89%, EPS 0.10, Borrowings -72%

Premier African Minerals to Raise £1.4mn via 6bn Share Issue for Zulu Lithium Project

Egypt’s Net Foreign Reserves rises to $10.5bn in July

StanChart Kenya HY1: PAT -21.5%

NGX-listed Chams Plc plans Liberia, Kenya, Guinea, Ghana expansion under new 5-year strategy

SA proposes import duties starting at 10% on steel products to defend sector

Stanbic Bank names Joshua Oigara as CEO East Africa, succeeds Patrick Mweheire wef Sept 1

Australian miner West Wits opens SA’s first new underground gold mine in 15-years

Nigeria’s consumer protection agency reads riot act to loan app operators on ‘crazy’ rates

Ghana CB stops FCY withdrawals by Big Firms without prior FCY deposits

Botswana Holds Rate 6th Time at 1.90% on Inflation Fears

Morocco Sees 11.6mn Tourist Arrivals by July Ending

Egypt Signs $35bn Gas Deal with Israel, Paying 14% More for Imports