Markets Coverage

Shell Nigeria pays $1.09bn tax, royalties to FG in FY23

EBID first ECOWAS investment forum fetched total of $501mn in deals

World Bank says Africa to grow 3.8% in 2025; public debt growth slowing but unsustainable

RMB Botswana opens April 8 trading on BSE for Barloworld Equpment BWP105 mn bond

Egypt: Safwa Urban Devt. unveils $1bn Icon Mall in Badr City

Air Arabia adds three flights to weekly Rabat-Agadir schedules

Morocco’s Fuel Imports Dip 20% to $5.1bn in 2023

Zimbabwe’s new currency, ZIG rallies as ZSE rejigs stocks pricing, etc.

Botswana asks G7 nations to Review Diamond Tracking Prog

Canal+ makes $2.9bn all-cash offer to buy Multichoice

Nigeria due for another $1bn Afreximbank loan in May

Vantage Capital invests R346mn into SA’s Procera Group

Unilever beats peers in FY23: Rev. +50%, PBT +152%

Ghana raises cocoa farmgate price by 58%

Bank of Uganda raises rate to 10.25% despite soft March inflation

Tanzania cuts port charges 50% for cargoes to Zambia