African governments urged to invest in sustainable infrastructure

African governments urged to invest in sustainable infrastructure

Abidjan, Cote D’Ivoire (Capital Markets in Africa) —There’s a huge demand for infrastructure in Africa and yet the money coming from donors and governments is not sufficient. As a result, African governments need to look at innovative ways to finance the infrastructure gap, including engaging in more public-private partnerships (PPPs). This was the overriding message conveyed during a panel discussion on “Financing Infrastructure – Raising the bar” that took place on Thursday, May 28 at…

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Ghana Market Watch | June 4th 2015: Ghana equity adds market cap of GHS 8 million, composite index up

Ghana Market Watch | June 4th 2015: Ghana equity adds market cap of  GHS 8 million,  composite index up

Accra, Ghana (Capital Markets in Africa):- Ghana equity markets ended bullish at end of today trading session. The benchmark composite index gained 0.01 points (about 1.38 percent) to end the day at 2,366.47, increasing the year- to- date return to 4.66 percent. However, the financial Index plummeted by 0.67 points or 0.03 percent to 2,420.10 with a year-to-date return of 7.84 percent. However, the market capitalization added nearly GHS 8.00 million (0.01 percent) to settle at GHS 64,598.02 million. From the market activity…

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Morocco Market Watch | June 4th 2015: Moroccan equity market indices end positive, add MAD 2.02 billion

Morocco Market Watch | June 4th 2015: Moroccan equity market indices end positive, add MAD 2.02 billion

Casablanca, Morocco (Capital Markets in Africa):- Morocco equity market ended in positive today. Morocco’s benchmark stock index (MASI Index) added 0.33 percent to close at 9,733.46 points (increased year-to-date performance to 1.18 percent) with total market capitalization at MAD 494.598 billion  (gained MAD 2.02 billion compared to previous trading sessions market capitalization of MAD 492.583 billion) and market activities measured as total traded value was recorded at MAD 70.165 million (a reduction of 22 percent against…

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Egypt Market Watch | June 4th 2015: Egyptian equities indices fall, market cap lose EGP 2.2 billion

Egypt Market Watch | June 4th 2015: Egyptian equities indices fall, market cap lose EGP 2.2 billion

Cairo, Egypt (Capital Markets in Africa):- The Egyptian Exchange (EGX) indices were down on Thursday, while equities shed around EGP 2.2 billion of the market capitalisation to end at EGP 498.003 billion against EGP 500.239 billion on Wednesday trading session. The benchmark index EGX30 (which measures the top 30 active stocks), fell 1.4% or 124.84 points to close below the 8800 mark at 8780.76 points and reduced the year-to-date yield to -1.64 percent. Equally, the small and mid-cap…

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Morocco Market Watch | June 3rd 2015: Moroccan equity market retracts, adds MAD 1.13 billion

Morocco Market Watch | June 3rd 2015: Moroccan equity market retracts, adds MAD 1.13 billion

Casablanca, Morocco (Capital Markets in Africa):- Morocco equity market retracted the  bearish mood today. Morocco’s benchmark stock index (MASI Index) added 0.26 percent to close at 9,701.77 points (increased year-to-date performance to 0.85 percent) with total market capitalization at MAD 492.583 billion  (rose by MAD 1.13 billion compared to previous trading sessions market capitalization of MAD 491.454 billion) and market activities measured as total traded value was recorded at MAD 90.161 million (an increase of 23…

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Zimbabwe Market Watch | June 3rd 2015: Zimbabwe stock equity market bled more blood, lost US$18 million.

Zimbabwe Market Watch | June 3rd 2015: Zimbabwe stock equity market bled more blood, lost US$18 million.

Harare, Zimbabwe (Capital Markets in Africa):-The Zimbabwe Stock Exchange (ZSE) industrial index end in red in second consecutive trading day, the index lost 0.56 points (0.37 percent) to settle at 152.36 points. Likewise, the market capitalization fell from US$ 3.981 billion to settle at US$3.963 billion (reducing by US$18 million). The market activity today recorded a turnover of US$1.410 million exchanging in 19 securities via 34 trade transactions. Foreign investor buys US$1.036 million and foreign sells…

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Egypt Market Watch | June 3rd 2015: Egypt’s stock market maintains upward trend, market cap gains EGP 1.2 billion.

Egypt Market Watch | June 3rd 2015: Egypt’s stock market maintains upward trend, market cap gains EGP 1.2 billion.

Cairo, Egypt (Capital Markets in Africa):- Egypt’s stock market recovered at end of  Wednesday’s trading sessions, gaining around EGP 1.2 billion to end market capitalization at 500,239 billion compared with EGP 499,007 billion recorded at previous trading sessions. The benchmark index EGX30 (which measures the top 30 active stocks) continued it upward momentum, by gaining 0.66 percent or 58.01 points to close at 8,905.60 points, bringing the year-to-date yield to -0.235 percent. However, the small and mid-cap…

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