The Editorial Team

IFC Supports Rwandan Beverage Industry and Maize Farmers through Investment in Bralirwa

Kigali, Rwanda (Capital Markets in Africa), — IFC, a member of the World Bank Group, today announced a new financing transaction with Brasserie et Limonaderies du Rwanda to support plans for expanding production of soft drinks and sourcing of maize from local farmers. Known as Bralirwa, the subsidiary of Heineken N.V. is Rwanda’s leading manufacturer of beers and soft drinks, including the Primus and Coca-Cola brands. The $25 million loan from IFC aims to promote…

Egypt Equity Market | 30 Aug 2015 : Egyptian equities falls, market capitalization US$33 down

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Cairo, Egypt (Capital Markets in Africa):- The Bear returned to the Egyptian Exchange equity trading at end of today’s trading session. The market capitalization ended at EGP 437.947 billion after plunging by EGP 262 million (US$33 million); relative to EGP 437.685 billion recorded at previous day trading session. The benchmark index EGX30 fell by 0.33 percent or 23.55 points to end 7,055.28 points. The equal-weighted indexes EGX50 down by 0.40 percent or 4.81 points to settle at 1,209.06 points. EGX70, which…

Central Bank of Egypt sold US$37.8mn in FX and offered EGP 7bn in T-bills..

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Cairo, Egypt (Capital Markets in Africa) — The Central Bank of Egypt (CBE) reported that US$37.8 million was sold to banks out of the US$40 million on offered in a foreign currency auction held today. The Egyptian pound remained unchanged at cut-off price of 7.73 against the dollar. However, the CBE allowed the Egyptian pound to depreciate by EGP 0.20 from 7.53 against the greenback in July. In addition, the CBE announced on Sunday issuing treasury bills worth EGP…

South Africa Equity Market | 28 Aug 2015: South African Stocks end the week on a positive note …

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Johannesburg, South Africa (Capital Markets in Africa) — Johannesburg Stock Exchange equity markets ended Friday’s trading in the North Pole after starting the week from the South Pole, as a result it ended the week on a positive note. JSE All Share closed 1.71 percent or 841.72 points higher to end at 49,966.80 points and the JSE Top 40 index massively jumped by 758.76 points or 1.74 percent to end at 44,383.74 points. JSE Financial sector index…

Morocco Equity Market | 28 Aug 2015: Moroccan equity markets continue in red zone, indices fall ..

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Casablanca, Morocco (Capital Markets in Africa):- Casablanca Bourse equity trading remained in the red district at the end of Friday’s trading session. The Moroccan benchmark stock index (measured as MASI Index) slumped by 18.65 point or 0.20 percent to close at 9,307.37 points (with a year-to-date performance to -3.25 percent) with total market capitalization at MAD 474.827 billion and market activities measured as total traded value was recorded at MAD 54.634 million. Likewise, Moroccan most active…

Zimbabwe Equity Market | 28 Aug 2015: Zimbabwe Stock Exchange industrial index 0.49% higher …

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Harare, Zimbabwe (Capital Markets in Africa):-The Zimbabwe Stock Exchange (ZSE) industrial index in green territory today and surged by 0.49 percent or 0.67 points to end at 135.53 points. On the week on week basis the Industrial index was down 0.29 points or 0.21%. The market capitalization ended at US$3.555 billion after adding US$ 18 million from the previous market capitalization of US$3.537 billion. The market activity today recorded a turnover of US$476,839 exchanged in 13…

Mauritius Equity Markets | 28 Aug 2015 : Stock Exchange of Mauritius equity trading ended in red … investors US$12 million down

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Port Louis, Mauritius (Capital Markets in Africa) — Stock Exchange of Mauritius equity trading ended today’s trading session by losing a market capitalization of MUR 465 million (US$ 12.3 million) to end at MUR 214.816 billion relative to previous market capitalization of MUR 215.281 billion. The Mauritius All Share Index (SEMDEX index) sagged by 0.22 percent or 4.17 points to close at 1,929.00 points and SEM10 index ended at 368.06 points after sliding by 0.15 percent…

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