Markets Coverage

Kenya signals costly loans after raising rates to 9.5% from 8.75%

BoG mops up excess liquidity, resets CRR from 12% to 14%

Transcorp FY22: Rev. +21% to NGN134.7bn

Nigeria’s public debt rises to NGN46.25trn – DMO

Eastern Africa Association hosts investor roadshows to Tanzania and Zanzibar

Libya dismisses remarks by Tunisia’s Pres. Saed on sharing Bouri oil-field.

Marriot Hotels in Egypt lead Africa with 25,000 rooms in 103 hotels

Bank Al-Maghrib raises key rate 50 points to 3% on inflation

OUTsurance FY22: Profit up about150%; dividend of 56.8 cents/share

Afreximbank holds 2-day roadshow in Sao Tome & Principe with BGFI Bank

South Africa’s February inflation at 7% raises stake on SARB decision next week

Kakuzi FY 2022: Profit surges 164% on robust sales; Dividend of Ksh24

Somalia to qualify for IMF full debt relief by end of 2023

Mauritius’ Bank One Ltd, IFC plans climate resilience in sub-Saharan Africa

Nairobi bourse lists Laptrust Imara I-REIT focused on pension funds

Kenya Central Bank issues new Foreign Exchange Code for banks