Markets Coverage

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

Tiger Brands says strike action snatched R120mn off operating income in 2021

Ivory Coast plans to invest $20mn in cashew sector aid plan

Moody's says Mali's payments default is credit negative for banks in UEMOA region.

Mali's debt defaults exceed 53.99bn F CFA due to sanctions.

AfCFTA, World Customs Organisation combine to operationalize trade liberalisation.

France provides EUR80mn loan to Tanzania Agriculture Bank.

Carbacid Investments names Conrad Nyukuri as the new Company Secretary.