Markets Coverage

Avocado giant, Westfalia gets $300m boost from Standard Bank, HSBC, IFC

Spain to invest $2bn in South Africa’s energy transition

Kenya Shilling dips below 133 mark/US$ Thurdsay, despite new FX Code for banks

UNECA, Afreximbank ratify creation of Special Econ. Zones for prod. of batteries, EVs in DRC, Zambia

Cote d’Ivoire’s cocoa production up 5.85% in 2022

IFC injects €70m into BoA Group to boost SMEs

Gold-for-Oil: BoG cuts US$ supply to major oil importers

UBA to sell Abuja Electricity to recoup $122mn debt

Fuel Subsidy: NLC says no as FG gets $800mn WB loan as palliatives

South Africa Reserve Bank raises repo to 7.75%, taking effective prime lending to 11.25%

Libya’s oil budget committee mulls higher oil productio to 2mn bpd

Morocco’s OCP Group to pay $750mn dividend to the government

Oando to buy out minority shareholder at NGN7.07 and ZAR equivalent, delist from NGX, JSE and go pri..

Morocco and the World Bank sign $100mn deal for devt. Projects

Egypt central bank raises key benchmark rate by 2% as inflation bites

ADNOC holds talks in Abu Dhabi on South Sudan partnership