Markets Coverage

Central Bank of Congo raises rate from 9% to 11%

Niger collects 44bn FCFA in T-bills and bonds

RBZ: Econ. good for stable FX; vows to keep tight monetary policy.

Eskom's $23.6bn debt to be allocated to generation on plans to split into 3 units

Zambia wins $6.3bn debt relief, spurs rally across distressed EMs

IMF approves $120mn for Uganda

Libya, Malta sign electricity interconnection MoU

Iran, Algeria agree to boost trade exchanges

Egypt’s non-oil trade deficit down 31.4% ($3.8bn) in Q1 2023

Nigeria amasses $3bn debt to traders for oil swaps

Algeria turns to Petrofac for its Arzew project after TotalEnergies quits

Russia plans $4.6bn industrial facility in Egypt’s Suez Canal econ. Zone

Egypt’s remittances to rise 3.1% in 2023 - IMF

SA telecoms minister, Mondli Gungubele opposes sale of Telkom

Rwanda economy grows 9.2% in Q1 2023

Ghana to reach debt-revamp deal with Eurobond holders by Sept.