Mauritius Equity Markets | 3 Sep 2015 : Stock Exchange of Mauritius equity ends lower, SEM10 index 0.23% drop

Mauritius Equity Markets | 3 Sep 2015 : Stock Exchange of Mauritius equity ends lower, SEM10 index 0.23% drop

Port Louis, Mauritius, Capital Markets in Africa — Stock Exchange of Mauritius equity market capitalization declined by MUR 1.84 billion (US$ 52 million) to settle at MUR 216.486 million relative to previous market capitalization of MUR 216.597 billion.   The Mauritius All Share Index (SEMDEX index) peeled by 0.05 percent or 1.00 points to close at 1,944.00 points and SEM10 index closed at 371.44 points after falling by 0.23 percent or 0.87 points. From the market activity…

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African Sovereign Eurobond August 2015 Review: Yield widening due to falling commodity prices

African Sovereign Eurobond August 2015 Review: Yield widening due to falling commodity prices

Lagos, Nigeria, Capital Markets in Africa — A remarkable feature in Fixed Income markets this year has been the widening in African sovereign Eurobond yields. This weakening is in part due to the expected rise in US bond yields and fallen commodity prices (as most African countries are commodities dependent) as well as the anticipated decline in global growth due to China economic downturn.  Since January 2015 yields on Zambia’s 2022 and Zambia’s 2024 Eurobond have…

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Ghana Equity Markets | 2 Sep 2015: Ghana equities witness massive dips, GSE Composite index 1.99%, investors lose GHS 1,48 milliion

Ghana Equity Markets | 2 Sep 2015: Ghana equities witness massive dips, GSE Composite index 1.99%, investors lose GHS 1,48 milliion

Accra, Ghana (Capital Markets in Africa):-  Ghana equity continues on the downward path for five successive trading session at the end of today’s trading session. The equities market capitalization shred off GHS 1,048 million (about US$277 million)  to close at GHS 62,724 million relative to market capitalization of GHS 63,772 recorded at previous trading session. The benchmark composite index massively fell by 42.79 points or 1.99 percent to close the day at 2,109.57 points, representing a year-to-date performance 0f…

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Dramatic rise in local currency sovereign debt issuance reduces emerging market countries’ vulnerability to shocks

Dramatic rise in local currency sovereign debt issuance reduces emerging market countries’ vulnerability to shocks

 NEW YORK, USA, Capital Markets in Africa — The average local currency share of emerging market sovereign debt rose from about half in 2000 to almost three quarters in 2014, reducing for many countries the vulnerability to economic shocks and increasing the effectiveness of monetary and fiscal policies, Moody’s Investors Service said in the report “The Evolution of Emerging Market Sovereign Debt: Dramatic Growth in Local Currency Sovereign Debt Is Reducing Emerging Market Financial Vulnerabilities…

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Mauritius Equity Markets | 2 Sep 2015 : Shares trading at Stock Exchange of Mauritius gains MUR 1.8 billion …

Mauritius Equity Markets | 2 Sep 2015 : Shares trading at Stock Exchange of Mauritius gains MUR 1.8 billion …

Port Louis, Mauritius, Capital Markets in Africa — Mauritius equity market capitalization rose by to end at MUR 216.597 million after losing MUR 1.84 billion (US$ 52 million) relative to previous market capitalization of MUR 214.757 billion.   The Mauritius All Share Index (SEMDEX index) surged by 0.86 percent or 16.52 points to close at 1,944.99 points and SEM10 index closed at 372.31 points after falling by 1.29 percent or 4.74 points. The overall total volume trade…

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Ghana Equity Markets | 1 Sep 2015: Ghana Stock Exchange equity markets lower … investors lose 3.3 million dollar

Ghana Equity Markets | 1 Sep 2015: Ghana Stock Exchange equity markets lower … investors lose 3.3 million dollar

Accra, Ghana, Capital Markets in Africa — On the first day of the month of September, equity trading on the Ghana Stock Exchange started on a bearish moods. The market capitalization was recorded at GHS 63,759 million after losing GHS 13 million (about US$3.3 million) relative to market capitalization of GHS 63,772 million recorded at previous trading session. The benchmark composite index shaved off 2.41 points or 0.11 percent to close the day at 2,152.36 points, representing a year-to-date…

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AIIM continues to serve Africa’s growing energy demands through investment in hydro power

AIIM continues to serve Africa’s growing energy demands through investment in hydro power

Cape Town, South Africa, Capital Markets in Africa — African Infrastructure Investment Managers (AIIM), an African infrastructure equity investment manager, has announced its industrial partnership with Hydroneo Afrique, a wholly-owned subsidiary of MECAMIDI, an established global manufacturer and developer of small and medium hydro power plant equipment, to develop a pipeline of hydro power plants across Africa. The partnership will facilitate the development of a pipeline of small and medium hydro power plants in Cameroon,…

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