Markets Coverage

Zimbabwe to produce 1,100MW from renewables

SAA: Former Tourism HM Derek Hanekom is new Acting Chair/Non-ED

Kenya: Savannah Cement raises Ksh67bn debt to build clinker plant.

Tanzania to overtake Kenya as EAC’s biggest econ. in 10 years

Equity Group raises stake by $76.7mn in DRC sub. via buyout, cash call

Kenya eyes $1.9bn emergency funding to ease economic distress

Intra-Africa trade to jump 574% by 2030 - Wamkele Mene

Burkina Faso: Coris Bank Intl. to pay 19.2Bn FCFA as gross div.

UBA 1Q 2023: Growth +47.5%; Int. Inc. +53.4%; PAT jumps 29%

GTBank takes NGN35.6bn haircut on Ghana’s debt exposure

Amen Bank of Tunisia posts net banking income growth of 8% to $161mn in FY 2022

Nigeria’s billionaire investor Femi Otedola buys 5.52% stake in Transcorp Inc to become largest sh..

Algeria announces six oil and gas discoveries in Q1 2023

Morocco: IMF predicts control of inflation by Bank Al-Maghrib

Egypt headline inflation soars to 32.7% in March

Econet Wireless Zimbabwe reports 2.1% decline in market share for data, net trafficking