Markets Coverage

Reserve Bank of Zimbabwe shuts Simbisa’s money transfer service, InnBucks

Total Energies, Shell in fresh oil exploration bid in South Africa

Morocco’s gross domestic product to average 1.1% in 2022 amid Ukraine war

Honeywell International looking to invest about $200mn in Egypt

Uganda Clays reports net profit of Shs5.9bn, paying gross dividend of Shs1.35bn for 2021

Central African Parliament approves the principles of cryptocurrency usage

Italy's Eni signs deal to raise gas supplies from Congo Republic

Ghana's producer inflation rises to 29.3% in March

Liberia to review iron ore concession deal with ArcelorMittal

Nigeria's third largest cement maker, Lafarge Africa reports 1Q net profit jump of 92.2%, net sales..

World Bank predicts growth in Morocco to slow to 1.1% in 2022

First Abu Dhabi Bank withdraws offer of majority stake in EFG Hermes

Zimbabwean President Emmerson Mnangagwa commissions $35mn gold plant

Namcor awarded oil exploration and production licence in Angola

Uganda targets $8bn annual revenue from its oil and gas industrial park

Equity Group to inject $100mn into new DRC subsidiary, Equity BCDC