Markets Coverage

Egypt headline inflation surges 5-year high to 25.8% in January

Zimplats refitting Selous Metallurgical Complex with $200mn

Spur HY profit to double (HEPS +98%) as restaurants stay strong

ArcelorMittal reports two-thirds FY 2022 earnings slump

IMF approves $87mn loan to DRC as budgetary support

Ethiopia Petroleum Authority awards first-ever commercial solar mini-grid licence

Airtel Tanzania to give Sh1.6bn dividends to customers

Kenya floating 'Kenya Green Investment Bank' to raise eco-friendly lending

Cameroon gets 21bn FCFA loan from IDB to rebuild English-speaking part

Ghana sets Feb. 10 new deadline to register for local debt swap

OPEC Fund backs AFC infrastructure drive with $50mn

Africa Foundry Limited’s NGN10bn (Series 1 & 2) commercial papers closes Feb. 10

Morocco extends suspension on red meat import duties

South Africa to get new bank next month, as Lulalend raises R600mn

Nigeria inaugurates new Ministry of Finance Inc. (MOFI) as an asset management company

Shoprite HY: Sales +16.8% to R106.3bn, but diesel costs R650mn