Markets Coverage

IMF MD tells Egypt to slow down on massive infrastructure

QatarEnergy signs MoU to boost energy coop. with Namibia

Angola now 21st member of African Trade Insurance Agency via $25mn subscription

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