Markets Coverage

Rwandan banks non-performing loans level decelerates to 42% on Rwf75bn write-off

Uganda’s Energy Minister wants total ban on metal scrap business.

Kenyan technology firm, MarketForce raises $40mn in Series-A round

UNIDO, Ghana, Japan partner to boost rice value chain.

Okavango Diamond of Botswana posts $963mn sales in 2021

Kumba Iron Ore posts record earnings of R64.6bn in 2021

African Development Bank investing $164mn in renewables in Ghana, Ghana, Guinea, Kenya, Tunisia

Moody's says sub-Saharan African banks will likely make more profits this year.

CMA Kenya drops SBM Bank’s hand in fraudulent sale of Shs300mn government bond.

Societe General of Morocco signs €25mn deal with EBRD and Green Climate Fund

Egypt’s economic growth to continue to rise between 6.2% - 6.5% in FY 2021/22

BRVM-listed Societe Generale reports 67.4bn F CFA profit in 2021

Axian Telecom issues its first bond of $420mn, maturing 2027

Shumani Tshifularo appointed as the new MD of Renault SA

Barrick approves share buyback of up to $1bn

South32 posts record interim dividend of R6bn for HY 2021