Morocco Equity Markets | 02 Oct 2015: Equity Traders Smile Home with US$161 Million …

Morocco Equity Markets | 02 Oct 2015: Equity Traders Smile Home with US$161 Million …

Casablanca, Morocco, Capital Markets in Africa —On Friday, the equity trading witnessed a relief by ending in positive mood. The Moroccan benchmark stock index (measured as MASI Index) surged by 0.23 percent to close at 9,117.50 points (with a year-to-date performance to -5.22 percent) with total market capitalization at MAD 458.968 billion (an increase of MAD 1.7 billion or US$161 million relative to previous market capitalization of MAD 457.400). The market activity measured as total traded…

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Mauritius Equity Markets | 02 Oct 2015 : Equity Trading Ends in Mixed Sentiment, Indices Higher, Market Cap Higher

Mauritius Equity Markets | 02 Oct 2015 : Equity Trading Ends in Mixed Sentiment, Indices Higher, Market Cap Higher

PORT LOUIS, Mauritius, Capital Markets in Africa — The Stock Exchange of Mauritius equity markets trading closed the week in the mixed sentiment. The equity market capitalization ended at MUR 213.290 billion by going down MUR 51 million (about US$1.5 million) compared to previous market capitalization of MUR 213.239 billion. The Mauritius All Share Index (SEMDEX index) moved up by 0.02 percent or 0.46 points to close at 1,915.20 and SEM10 index added 0.08 percent or…

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Ghana Airports Company boosts by AfDB’s US$120-million corporate loan

Ghana Airports Company boosts by AfDB’s US$120-million corporate loan

Accra, Ghana, Capital Markets in Africa — On September 30, 2015, the Board of Directors of the African Development Bank (AfDB) approved a US$120 million corporate loan to support Ghana Airports Company Limited’s (GACL) capital investment programme. The programme entails the construction of a new terminal at Kotoka International Airport (KIA) in Accra, and rehabilitation of other airports managed by GACL including Kumasi, Tamale, Ho and Wa Airports. The loan is the first private-sector investment…

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AfDB approves US $141.71million for the Dar es Salaam Bus Rapid Transit System Project

AfDB approves US $141.71million for the Dar es Salaam Bus Rapid Transit System Project

Dar es Salaam, Tanzania, Capital Markets in Africa — The Board of Directors of the African Development Bank Group approved on Wednesday, September 30, 2015, two loans totaling US $141.71 million to finance the second phase of the Dar es Salaam Bus Rapid Transit (BRT) System Project. The US $97.42-million loan from the AfDB market window and the US $44.29-million loan from the Africa Growing Together Fund (AGTF)* will support Tanzania Government’s efforts to decongest…

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AfDB supports improved electricity access in Guinea, Guinea-Bissau, Gambia and Senegal

AfDB supports improved electricity access in Guinea, Guinea-Bissau, Gambia and Senegal

Abidjan Cote D’Ivoire , Capital Markets in Africa — The African Development Bank approved on Wednesday, September 30, 2015 a €121.5-million [1] package to the Gambia River Basin Development Organization (OMVG) to improve electricity access and provide renewable, clean and affordable energy in The Gambia, Guinea, Guinea-Bissau and Senegal. Electricity supply in the OMVG region is limited, unreliable and costly. Access rates vary from 12 percent in Guinea, 19 percent in Guinea-Bissau, 35 percent in…

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South Africa Equity Markets | 01 Oct 2015: JSE finishes higher led by commodity shares …

South Africa Equity Markets | 01 Oct 2015: JSE finishes higher led by commodity shares …

JOHANNESBURG, South Africa, Capital Markets in Africa —On Thursday, Johannesburg Stock Exchange (JSE) All Share index ended 0.85 percent or 427.72 points higher to close at 50,516.58 points. The JSE Top 40 index also added 371.59 points or 0.83 percent to end at 45,252.77 points. The JSE financial sector index surged by 1.44 percent to end at 43,297.81 points. Both Industrial and Industrial 25 sector indexes higher by 0.46 percent to close at 75,092.86 points and added 0.41 percent to…

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Tanzania Equity Markets | 01 Oct 2015: Negative Momentum Return Again, All Share Index 0.72% Lower …

Tanzania Equity Markets | 01 Oct 2015: Negative Momentum Return Again, All Share Index 0.72% Lower …

DAR ES SALAAM Tanzania, Capital Markets in Africa — Tanzania Dar es Salaam Stock Exchange equity market at the end of Thursday’s trading session. The equity market capitalization sagged by TZS 158 billion (about US$74 million) to end at TZS 22,008 billion relative to market capitalization of TZS 22,166 billion recorded at previous trading session. The Dar es Salaam Stock Exchange index (DSEI) fell by 18.21 points or 0.72 percent to end at 2,512.08 points….

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