Markets Coverage

Pres. Ruto’s rejigged Finance Bill goes before Parliament on May 26

Uganda Secures Sh62bn Bond for Standard rail Expansion

EthioTel lists underbought IPO (10.7mn) on ESX

Family Bank Kenya Q1 Profit Jumps 55% as Loan Book Expands

Zimplow 1Q: Powermec Gen. Sales Fall -59%, solar up +144%

Coop Bank Kenya 1Q: PAT +21.3% (Ksh8.41bn), Net Int. Inc. +12.2%

Ghana Cedi Slips on US$ as FX Backlogs Continue

DTB Bank 1Q: Profit +8% (Ksh3.5bn), NII +31%, Loan Loss Prov. +152%

First Mutual Properties to delist from Zimbabwe Stock Exchange

Bank of Uganda Holds Rate at 9.75% on Inflation Risks and MEast Conflict

Botswana Stock Exchange market cap tops Pula 1.1tn led by AngloAm

Ethiopia, France sign €54.6mn loan deal for digital services, geothermal energy

Dangote says no to NNPC plans to raise 7.25% stake in Refinery

Sunbeth Non-Int. Funding SPV Ltd floats NGN50bn CP

Zimbabwe Mineral Export Earnings Surge 79% in Q1

South Africa’s mining output up 2.5% yoy in March