Rwanda’s 10-year Capital Market Master Plan in the offing

Rwanda’s 10-year Capital Market Master Plan in the offing

Kigali, Rwanda, Capital Markets in Africa — The Capital Market Authority of Rwanda hosts a strategic planning roundtable designed to initiate the process of developing a ten-year capital market development master plan (CMMP). The three-day off-site meeting brought together international and regional experts as well as high-level Rwandan officials from the public and private sectors. Among the delegates were renowned capital market experts from 14 countries across the globe who were in the roundtable they included:…

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Morocco Equity Markets | 22 Oct 2015: Morocco Casablanca stock exchange deplete by US$192 million, indices down

Morocco Equity Markets | 22 Oct 2015: Morocco Casablanca stock exchange deplete by US$192 million, indices down

Casablanca, Morocco, Capital Markets in Africa —The bear continued to tormenting the Casablanca Stock Exchange equity at the end of Thursday’s trading session. The Moroccan benchmark stock index (measured as MASI Index) sagged by 0.46 percent to end at 8,944.08 points (with a year-to-date performance to -7.03 percent) with total market capitalization at MAD 451.124 billion (a decrease of MAD 1.8 billion or US$192 million relatively to the previous market capitalization of MAD 452.963  billion). The…

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Mauritius Equity Markets | 22 Oct 2015: Bull reappear, SEMDEX index 0.19% higher Air Mauritius leads the gainers

Mauritius Equity Markets | 22 Oct 2015: Bull reappear, SEMDEX index 0.19% higher Air Mauritius leads the gainers

PORT LOUIS, Mauritius, Capital Markets in Africa — The Stock Exchange of Mauritius equity market capitalization closed at MUR 208.405 billion after adding MUR 404 million (about US$11 million) compared to previous market capitalization of MUR 208.004 billion. In the same positive sentiment, the Mauritius All Share Index (SEMDEX index) rose by 0.19 percent or 3.59 points to close at 1,871.43 and SEM10 index edged up by 0.24 percent or 0.85 points to close at 358.29…

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AfDB Board approves €70 million for construction of Senegal’s Digital Technology Park

AfDB Board approves €70 million for construction of Senegal’s Digital Technology Park

Abidjan, Cote D’Ivoire , Capital Markets in Africa — In its bid to contribute to promoting Senegal as an information and communications technology (ICT) centre of excellence and a destination for the establishment of call centers, e-commerce, software development, wireless Internet facilities and other ICT market segments, the African Development Bank (AfDB) will inject €70.61 million in the sector. The Board of Directors approved the Senegal Digital Technology Park project on Wednesday, October 21, 2015,…

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South Africa Equity Markets | 21 Oct 2015: South Africa equity in Green despite gold miner and resources indices lower ….

South Africa Equity Markets | 21 Oct 2015: South Africa equity in Green despite gold miner and resources indices lower ….

Johannesburg, South Africa Capital Markets in Africa —Johannesburg Stock Exchange (JSE) All Share (the broadest measure of the equity market performance) rose by 0.22 percent or 117.81 points to settle at 52,997.97 points and the benchmark JSE Top 40 index ended 184.25 points or 0.39 percent higher to end at 47,594,59 points. From the sector indices, financial sector index grew by 0.09 percent or 39.13 points at 44,641.84 points. Industrial sector index and industrial 25 index rose by 0.41 percent to…

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Nigerian Equity Markets | 21 Oct 2015: Market Halts Gains after Four Consecutive Days of Uptrend …NSE ASI Down 42bps

Nigerian Equity Markets | 21 Oct 2015: Market Halts Gains after Four Consecutive Days of Uptrend …NSE ASI Down 42bps

Lagos, Nigeria, Capital Markets in Africa — The bullish run the Nigerian equities market enjoyed in the last four trading days was halted today as the benchmark index — All Share Index- slipped into the red losing 0.4% to close at 30,199.15points. The poor performance of the market was spearheaded by losses in DANGCEM (-2.6%), WAPCO (-0.5%) and GUARANTY (-0.2%). Market capitalization also fell N43.3bn to settle at N10.4tn. Trading activity level within the market was…

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Ghana Equity Markets | 21 Oct 2015: GSE Indices Marginally Up, Investors gain GHS 5 Mill …

Ghana Equity Markets | 21 Oct 2015: GSE Indices Marginally Up, Investors gain GHS 5 Mill …

Accra, Ghana, Capital Markets in Africa — The equity trading on the Ghanaian Stock Exchange (GSE) returned to positive zone, as a result the market capitalization rose by GHS 5 million to close at GHS 62,076 million relatively to a market capitalization of GHS 62,071 recorded at the previous trading session. The benchmark composite index marginally added 0.90 points or 0.05 percent to close the day at 1,989.81 points, representing a year-to-date performance 0f -11.99 percent. The financial Index remained unchanged…

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