Markets Coverage

Kenya transport costs rising 13% – 14% as diesel jumps 24.5%

Cameroon gets $400mn World Bank funding for Douala–Bangui corridor

IMF Georgieva holds private meeting with Aliko Dangote in Washington DC

AFC disburses first €43mn Poro Power green bond in Côte d’Ivoire

Egypt’s non-oil private sector PMI drops to 48.0 in March

Zimbabwe rolls out new ZiG ‘Big 5’ banknotes today

Senegal suspends ministers’ foreign travel as soaring oil prices bite

South Africa private sector PMI rises to 50.8 in March

Kenya energy chiefs resign over fuel stock manipulation

IMF names Zeine Zeidane as new Head African Department from May 1

Afreximbank unveils $10bn Africa shield fund against Mid East conflict

South Africa’s Richest Man Sells $200mn Bank Stake

IEA Starting Release of Strategic Oil Reserves from Asia and Oceania

Banco Mozambique gets AfDB’s $20mn for SMEs lending

S&P Cuts Botswana Credit Rating to BBB- on Prolonged Weakness of Global Diamond Market

Angola holds Rate at 17.5% on Iran Conflict