Markets Coverage

Energy crisis, wages, infrastructure, etc headlined Ramaphosa’s Feb. 9 State of Nation address

Moody's lowers Egypt's rating on higher chance of debt default

AfDB’s 2023 annual meetings holding in Sharm El Sheikh next May

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