Markets Coverage

Kenya central bank holds key rate at 10.50%; introduces asymmetric corridor to CBR

Tunisia signs $337mn grant agreement with European Commission to finance energy project

Est. 50% of Moroccan businesses report improvement after prod. utilisation rate rose 74% in July

Ahli United Bank Egypt's H1 2023: net profit jumps 143% to $71mn

Nigeria’s pension market regulator wants safety of assets prioritised in securities lending

Shareholders of Econet Wireless Zimbabwe approves four proposals for Righst Offer

Egyptian Pound devaluation on the card as headline inflation hits 36.5% in July

Zimbabwe tipped to dominate Africa steel production, but Ziscosteel still in mess

Nedbank expects four SARB rate cuts in 2024, peak in bad debts

Rand Merchant Bank offers FX clearing solution in Africa

DR Congo raises key rate from 11% to 25% for macroeconomic stability

Airtel Uganda picks Absa Bank as IPO’s Transaction advisor

World Bank halts new funding to Uganda over anti-gay laws

Kenya to sell 100+ fuel stations to investors to save the Nat’l. Oil Corp.

AFC okays €50mn for Senegal’s Sangomar oil project

Guinea-Bissau raises FCFA 11bn on WAEMU market