Markets Coverage

Spain commits €340mn to Casablanca desalination Plant

Banque Postal du Congo gets Afreximbank EUR15mn factoring credit

Work begins on 430Km Morocco's high speed rail from Marrakech-Kenitra, Rabat to Casablanca

Safaricom Kenya delivers bumper FY earnings: Rev. +11.2%, Profit up 7.3%

Ethiopia Railway Corps wins $1bn claim in London against Turkish contractor

MSMEDA, EU delegation, EIB conclude €15mn community devt. prog.

Elon Musk's Starlink secures license to operate in Lesotho

Afreximbank posts $973.5mn profit in 2024, up 29% amid global headwinds

ZimRe FY24: Ins. Contracts +140%; Ins. Service +166%; Net Expenses +118%

IEA follows OPEC to cut global oil demand for 2025 and 2026

Egypt: Madinet Masr executes buyback of 42.7mn shares under treasury stock prog.

Raya Holdings Posts Strong 44.2% Revenue Growth in FY24

Nigeria: Ponzi scheme operators disappear with NGN1.3tn

Nampak SA sells its 51.43% stake in Zim. operations to TSL for $25mn

Ethiopia says $2.1bn FX earned from gold mining in past 9-months

BRVM-listed Orange Group 1Q: Revenue up 8.6%