Markets Coverage

Kenya Supreme Court affirms William Ruto as new President as cost of inauguration seen at Sh200mn

Americana Group to launch $26mn new production lines in Egypt

Preline Ltd offers to buy balance of 1.3bn shares of Eterna Oil, closes Sept. 5

Nigeria’s vice president Osinbajo sells idea of Debt-for-Climate swap deal to creditors

Oil prices see-saw as OPEC+ cuts oil supply by mere 100K/bpd from October

Nigeria’s central bank showcases new digital currency (e-Naira) at key conference in Frankfurt, Ge..

Safaricom halts five day losing streak on KNSE, lifted August 29 session.

AfriCarribean Trade and Inv. Summit 2022 holding in Barbados, Sept 1-3

Pepkor chief, Leon Lourens to retire while non-executive director, Pieter Erasmus step in

Sino-Zimbabwe trade grows 75% to $973mn between January to June 2022

Egypt financing of small and medium enterprises breaches EGP64.6bn at June ending

Russia wants times growth in agro-exports to Morocco in 2022

Japan, AfDB $5bn sign funding deal for Africa’s private sector

South Africa beer union wants consistent tax scheme in alcohol industry

First Capital Bank of Zimbabwe reports loan book growth of 37% to $21.4mn; bad loans 1.6%

Wallmart wants to buy the rest of Massmart shares at R62/Sh and deliste it form JSE