The Editorial Team |

Cote D’Ivoire Stock Markets | 19 Oct 2015: BRVM Composite index 0.09% higher, BRVM 10 index 0.01 lower …

Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) main indices closed the trading session this Monday, lower than the previous day for BRVM 10, and higher for BRVM Composite. BRVM 10 index decreased from 303.65 to 303.63 points, a marginal drop of 0.01 percent. BRVM Composite index gained 0.09 percent at 303.73 points against 303.47 points previously The equity market capitalization gained XOF 6.3 billion (about US$10.8 million)…

Morocco Equity Markets | 19 Oct 2015: Casablanca Stock Exchange equity market opens in green, MADEX 0.28% higher …

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Casablanca, Morocco, Capital Markets in Africa —On Monday, the equity trading witnessed a positive sentiment. The Moroccan benchmark stock index (measured as MASI Index) surged by 0.26 percent to close at 9,030.81 points (with a year-to-date performance to -6.13 percent) with total market capitalization at MAD 454.890 billion (a gain of MAD 1.5 billion or US$152 million relative to previous market capitalization of MAD 453.427). The market activity measured as total traded value was recorded at…

Mauritius Equity Markets | 19 Oct 2015 : Mauritius stocks open in positive, Investors reward with US$18 Million …

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PORT LOUIS, Mauritius, Capital Markets in Africa — The Stock Exchanges of Mauritius opened the week on a bullish sentiments after in the red for ten consecutive trading days. The equity market capitalization ended at MUR 207.704 billion after gaining MUR 627 million (about US$17.8 million) compared to previous market capitalization of MUR 207.077 billion. The Mauritius All Share Index (SEMDEX index) added 0.30 percent or 5.64 points to close at 1,865.14 and SEM10 index advanced by…

Chart of the Week: Top Worst African Currency in 2015 ….

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Lagos, Nigeria, Capital Markets in Africa — Most African currencies had depreciated against the US dollar this year, with the exception of Gambian Dalasi, CFA Fran and Botswana Pula appreciated by about 0.07 percent each. The top five most worst currencies in 2015 as at 16th of October 2015 were Zambian Kwacha, Ugandan Shilling, Angola Kwanza, Mozambican Metical and Tanzania Shillings.

TANESCO’s Managing Director to address Tanzania’s leading investors at forum for power sector development this December

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As Tanzania’s leaders are praised for its peaceful handling of elections, an increasing number of projects are appearing which show case a country that is maturing, growing in confidence and cooperating with the right kind of partners to help it achieve its long-term goal of becoming a regional hub. The Powering Africa: Tanzania investment briefing will take place from 3-4 December at the Hyatt Regency Dar es Salaam hotel. The meeting is designed for professionals…

Kenya Equity Markets | 16 Oct 2015: Kenya Equity Traders smile today, Market cap gains US$170 Mill …

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Nairobi, Kenya Capital Markets in Africa — On Friday, Nairobi Securities Exchange stock markets got a relief by ending in the North Pole after reaching a four year low on Thursday’s trading session. The equity market capitalization ended at KES 1,926 billion after gaining KES 17.40 billion (c.US$169 million) or 0.91 percent from the market capitalization of KES 1,909 billion recorded at previous trading session. The Nairobi All Share Index jumped by 0.91 percent or 1.32 points to…

Nigerian Equity Markets | 16 Oct 2015: Nigerian All Share index 0.5% higher amid strong Q3 results ….

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Lagos, Nigeria, Capital Markets in Africa — Following the trickling in of some Q3:2015 results that began yesterday, the market ended the week stronger than it opened, closing 0.5% higher to 29,834.21 points. Market capitalization equally improved N46.1bn to settle at N10.3tn. Today’s sustained positive performance was against renewed buying interest in ZENITH (+3.9%), GUARANTY (+2.0%) and FORTE OIL (+3.7%). Market activities measured by volume and value however declined 9.0% and 35.3% to 157.3m units and…

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