Markets Coverage

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

Tanzania Breweries: TZS 537 cash div.

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

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

End of 18% returns for investors as CBK rejects Sh37bn bids

Fitch affirms Arab Tunisian Bank at ‘B-‘; Outlook Stable

SARB to hold repo at 8.25% at March meeting – Poll

Egypt announces upward review of fuel prices

Uganda diaspora inflows up 13.4% in 12M-ended Jan.

Egyptian EFG Holdings turnover up $315mn in FY23

Ethiopia in talks with IMF for c.$3.5bn loan as Paris Club March 31 deadline looms

Moody’s upgrade Tanzania to ‘B1’ from ‘B2’; Outlook Stable from Positive

Tunisia’s insurance sector posts $1bn turnover in 2023

Libya’s oil prod. seen to exceed 1.5mn bpd

Pressure mounts on Malawian Kwacha, dips by 3%

Battered Zim$ falls beyond 20,000 per US$ in official trade