Markets Coverage

IMF forecasts Egypt growth at 6.6% (2021/2022), lowers next fiscal year to 4.4%

Morocco’s OCP to provide 4mn/tonnes of fertilizers to boost Africa’s food security

Embattled Eskom plans to halve power cut to 1,000MW from 4:00pm on Friday, October 14

IMF MD Kristalina Georgieva hopeful of Zambia, Chad debt restructuring by year-end 2022

BBS Bank obtains full banking licence in Botswana

Fitch Ratings Confirms Standard Bank Group's 'BB-' Rating

Kenya’s NMB Bank raises its single borrower limit to Sh250bn

Nigeria’s air travel volume grew 68% in August – IATA

Ghana VP Bawumia hosted NGX Limited CEO Popoola, SEC Nigeria DG Yuguda, others in Accra

Rwanda gets IMF $300mn climate financing loan, after Barbados

KCB Grouo seizes English Point Marina over Sh5bn debt, again

Bloomfield affirms Bank of Africa’s ‘B’ rating; outlook Stable

Kenyan President William Ruto to visit Nairobi Securities Exchange Oct. 11

Gas resources estimated at $30 trillion within Libya-Turkey border area

Egypt central bank launches financial inclusion strategy (2022-2025)

Wood maker, Maroc Akhchab floats Factory in Morocco’s Melloussa