Markets Coverage

Econet Zim. clarifies share reconstruction of EcoCash Holdings

FTSE Russel upgrades NSE from Restricted to Pass

Dangote Sugar opens up to NGN50bn commercial paper, closing April 5

Djibouti’s sovereign wealth fund seeks co-investors at first investment forum

Nigeria’s energy prices set to triple in weeks on higher gas prices

NSE FY23: Int. Inc. -21%; Other Inc. +64%; EPS +40%; Cash Div Ksh 0.16

Tanzania Breweries: TZS 537 cash div.

Pres. Al-Sisi sworn in for 3rd term as IMF tops up Egypt’s funding support by $5bn

Morocco: S&P outlook on BB+ to positive from stable

Bamburi Cement warns FY23 profit will dive a quarter of FY22

Africa’s youngest Pres. Faye promises ‘’systemic change’’

SA manuf. upbeat despite PMI dip to 49.2

IMF team holds ECF/EFF progress reports in Nairobi

FBC Zim. FY23: Net Int. Inc. +68%; Total Net Inc. +138%; PBT +250%

Cote d’Ivoire to pay cocoa farmers more for beans as prices hit $10K/mtn

More pain at fuel pumps for South Africans effective April 3