Markets Coverage

AFDB, ARC issue $11.2mn insurance payout to Malawi

HSBC plans sale of SA units to focus on Asia

Pres. Akufo-Addo cuts sod for $12bn petroleum hub project

Turkey to begin oil exploration in Somalia

Libya Central Bank halts operation over abduction of ICT head

Egypt’s foreign debt drops $7.4bn in Q1 2024

Fitch cuts KCB, NCBA, I&M bank’s credit ratings due to Kenya’s high debt

Pres. Al-sisi extends Central Bank Governor tenure by one more year

Morocco-Israel trade surges 64%

Transcorp power appoints Christopher Ezeafulukwe as new Non-Exec. Director

Sasol reports first loss since 2020 on American business impairments

Gambia, India in talks for collabo in critical minerals

CBN reports diaspora remittance inflow of $553mn in July

Qatar Airways buys 25% stake in SA’s Airlink

SA fuel prices to decline in August - Dept. of Minerals & Petroleum

Egypt plans 43 plots of land for new industrial zones