Markets Coverage

Massmart reports total group sales fell 0.2% to R30.4bn in May

Investec FY revenue grows 21.3%, as profit surges 91%

Investec FY revenue grows 21.3%, as profit surges 91%

South African Reserve Bank raises repo rate 50 basis points to 4.75%

Autochek expands into North Africa, buys Morocco’s KIFAL Auto

Kenya to open new Chancery to boost trade ties with Switzerland

AppZone gets switching license from Central Bank of Nigeria (NIGERIA FLAG) Moroccan insurer, AFM..

Angola government revises growth forecast to 2.7% this year

Louis von Zeuner resigns as the Chairman of Tongaat Hulett

Airtel Africa rolls out SmartCash payment bank operations in Nigeria

The World Bank and the IMF want South Sudan to reform its institutions to access more loans

Africa Finance Corporation sets up new $2bn fund to help Africa recover from virus, Russian invasion

Egypt consortium, TotalEnergies to launch green ammonia project.

EBRD sees 3% growth in Morocco’s economy by 2023

Angola and the World Bank seal last part of $1.7bn support package

Mining giant, Anglo America plans joint venture to export copper and cobalt mining in Zambia