Markets Coverage

Nigerian Naira Africa’s worst-performing currency (-73.8%) since start of 2022 - BBG

Burkina Faso gets $150mn WB loan for digital transformation

Kenya shilling rallies to 8-month high, cuts debt by Ksh800 bn

Tunisia to create 100 vocational companies in 2024 - MoF

Central Bank of Nigeria provides fertilizers worth NGN100bn to farmer

Britain pledges £250k to support flood-hit communities in Libya

Fintech Association of Kenya names Andrew Barden as Board Member

Ecobank, AfreximBank, AFC Sign $250mn bridge-to-bond loan deal

Tanzania to raise 2024/25 budget spending to 11.2%

Ghana bondholders wants sweetener for $13bn debt deal

Fitch: CBN’s Rate hike good step to fix econ. challenges

Tunisia Inflation falls to 7.5% (Feb.) vs 7.8% (Jan.)

TotalEnergies, QatarEnergy expand Orange Basin holdings to SA

UAE, Saudi Arabia join IMF’s $20bn to rescue Egypt (UAE FLAG)

Egypt raises rate 6% to 27.25% taking EGP lower against USD

Cape Town, OR Tambo airports expansions to go ahead