The Editorial Team |

Mauritius Equity Watch | 28 July 2015: Bullish momentum continues on the Stock Exchange of Mauritius … companies add MUR 207 million in value

Port Louis, Mauritius (Capital Markets in Africa) — The bullish momentum continued on the Stock Exchange of Mauritius. The Mauritius All Share Index (SEMDEX index) surged by 0.54 percent or 10.62 points to close at 1,968.92 points and the SEM10 index closed at 377.49 points after adding 3.10 points or 0.83 percent. The market capitalization recorded MUR 217.925 billion (relative to previous market capitalization of MUR 217.718 billion) by adding MUR 207 million. The overall total volume trade was registered…

South Africa Market Watch | 27 July 2015: The bear continued to torment the Johannesburg Stock Exchange

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Johannesburg, South Africa (Capital Markets in Africa) — The bear continued to torment the stocks listed on the Johannesburg Stock Exchange on Monday. Johannesburg Stock Exchange (JSE) All Share decreased by 54.53 or 0.11 percent to close at 51,301.55 points. The JSE Top 40 index edged down by 0.20 percent or 89.51 points to end at 45,768.94 points. The financial sector index marginally lost 0.02 percent or 38.99 points at 44,959.28 points. Both Industrial sector index and industrial 25 index declined by…

Mauritius Equity Watch | 27 July 2015: Mauritius equities carried forward the bull mood … SEMDEX 0.23% up

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Port Louis, Mauritius (Capital Markets in Africa) — Stock Exchange of Mauritius carried forward the bull mood previous week to begin this week on a positive notes. The Mauritius All Share Index (SEMDEX index) gained 0.23 percent or 4.51 points to close at 1,958.29 points and the SEM10 index closed at 374.39 points after surging by 0.90 points or 0.24 percent. The market capitalization recorded MUR 217.718 billion (relative to yesterday’s market capitalization of MUR 217.216 billion) after gaining…

Central Bank of Nigeria Holds Key Interest Rate at 13%

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Lagos, Nigeria (Capital Markets in Africa) :- The Central Bank of Nigeria (CBN) held its benchmark interest rate unchanged at 13 percent at the Monetary Policy Committee (MPC) meeting today.

Ghana Equity Watch | 23 July 2015: The Bull visited the Ghanaian Stock Exchange on Thursday, market cap gains US$38 million

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Accra, Ghana (Capital Markets in Africa):- The Bull visited the Ghanaian Stock Exchange (GSE) on Thursday. Therefore, the benchmark composite index climbed by 22.77 points or 1.01 percent to close the day at 2,273.91 points, representing a year- to- date performance 0f 0.57 percent. The financial Index also gained 31.49 points or 1.38 percent to trade at 2,320.37 with a year-to-date return of 3.42 percent. The market capitalization added GHS 124 million to close at GHS 63,852 million relative to market capitalization…

South Africa Market Watch | 23 July 2015: South African equities end on upward momentum, JSE All share gains 50 basis points

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Johannesburg, South Africa (Capital Markets in Africa) — Today the South African equities ended on upward momentum. The Johannesburg Stock Exchange (JSE) All Share increased by 259.46 or 0.50 percent to close at 52,237.02 points. The JSE Top 40 index rose by 0.60 percent or 278.26 points to end at 46,649.23 points. The financial sector index surged by 0.74 percent or 335.08 points at 45,580.96 points. Both Industrial sector index and industrial 25 index climbed by 0.74 percent to close at 76,048.65…

IFC to Invest US$35 mill in Africell to expand Telecoms in Africa

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Kinshasa, DRC (Capital Markets in Africa) — International Finance Corporation (IFC), a member of the World Bank Group, today announced that it will invest $35 million in telecom operator, Africell, to support the expansion and upgrade of mobile networks in Gambia, the DRC, Sierra Leone and Uganda. Africell is an emerging telecommunications operator, with a customer base in some of Africa’s most challenging markets. Since its launch in 2001, Africell has become the leading mobile…

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