Markets Coverage

Ghana raises cocoa farmgate price by 58%

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

Nigeria due for another $1bn Afreximbank loan in May

Econet Zim. clarifies share reconstruction of EcoCash Holdings

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

FTSE Russel upgrades NSE from Restricted to Pass

Canon setting up photo studios at Kidzania, Cairo for 8-14 yr olds

Bamburi Cement warns FY23 profit will dive a quarter of FY22

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

SA manuf. upbeat despite PMI dip to 49.2

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

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