Markets Coverage

Mauritius state insurer Sicom buys $2mn equity in TDB of Eastern & Southern Africa

Blackrock to buy 31.25% stake in Lake Turkana Wind Power in Kenya

Rolls-Royce appoints John Kelly as new President ME, Turkey & Africa

Senegal posts 134.2bn FCFA trade deficit in Dec. 2022

Absa Kenya to pay record diviend after profit rises to Ksh4.6 billion

CFG Advisory proposes Resolution Trust SPV for NGN23.7tn Ways & Means

UNPRC plans funding roadshow for margin oil firms

TotalEnergies in green power deals with Sasol, Air Liquide

Nedbank FY 2022: Profit +20%; 866 cents dividend; R5bn share repo launched

Disway Group Morocco posts 21.3% drop in consolidated profit (2022)

South Africa’s 4Q 2022 GDP falls 1.3% on Eskom load-shedding

Uganda’s finance ministry to freeze new public debt, currently Shs86trn, from 2023/24

Tunis bourse dips March 7 as World Bank suspends country over Pres. Saed’s anti-migrant remarks

Fitch: Tunisian banks face liquidity risks on IMF’s $1.9bn deal delay

Namibia’s National oil company announces 3rd oil discovery

Shoprite: Sales +18%; R560m diesel bill eats into profit, dividend.