Markets Coverage

AngloGold reports profit fall of 38.66%, but sees higher gold production in 2022.

Citigroup looking to start commercial banking in South Africa, Nigeria, Kenya and Egypt.

TSE-listed BH Leasing issues 10mn Dinars worth of subordinated bond.

European Bank for Reconstruction and Development (EBRD) gives €12mn loan for Morocco automotive se..

Misr Capital targets over EGP10bn issuances in 2022

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