Markets Coverage

Kenya: Diamond Trust Bank seeking CEO as Nasim Devji reassigned

StanChart Uganda awarded Best Performing Pri. Market Maker 2023

Yields flat at CBN NTB auction; but subscriptions stay high

Safaricom reports annual operating loss of Ksh45bn on Ethiopia market entry

Tanzania cuts port charges 50% for cargoes to Zambia

EBID first ECOWAS investment forum fetched total of $501mn in deals

Morocco’s Fuel Imports Dip 20% to $5.1bn in 2023

Air Arabia adds three flights to weekly Rabat-Agadir schedules

Egypt: Safwa Urban Devt. unveils $1bn Icon Mall in Badr City

Canal+ makes $2.9bn all-cash offer to buy Multichoice

Bank of Uganda raises rate to 10.25% despite soft March inflation

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

Zimbabwe’s new currency, ZIG rallies as ZSE rejigs stocks pricing, etc.

Kenya: Mining permits approval on after 4-year freeze

Ghana raises cocoa farmgate price by 58%

World Bank says Africa to grow 3.8% in 2025; public debt growth slowing but unsustainable