Long term partnerships and mutual understanding are key to growth in Africa – Michael Fischer

Michael Fischer, Director and Southern Africa’s Regional Head of the DEG (a German government DFI — Development Financial Institution) gives an exclusive interview to Capital Markets in Africa and elaborates on aspects of investing in Africa he is extremely familiar with. Michael has more than 23 years’ experience in international finance ranging from project finance to private equity in more than 150 finance transaction on the African continent alone.   To start off, please can you explain to…

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Morocco Equity Watch | 29th July 2015: Morocco equity markets flat, MADEX down 0.74 points but Market cap adds US$117Mill…

Morocco Equity Watch | 29th July 2015: Morocco equity markets flat, MADEX down 0.74 points but Market cap adds US$117Mill…

Casablanca, Morocco (Capital Markets in Africa):- Morocco equity markets indices were mixed today with the MASI index ending the session flat and the MADEX down as the Morocco 15 and All-Liquid Index indices tried to recover from losses made in previous days trading. Gains in these Indices helped to pull up the total Market capitalisation which increased by adding US$117 million to take it to US$60,562 million. The Moroccan benchmark stock index (measured as MASI Index) gained no points to close at 9,723.10 the same if not just a marginal change to its previous close of 9,723.19 recorded…

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Zimbabwe Market Watch | 29th July 2015: Zimbabwe equities losses continue, industrial index down -0.56 points, market cap down US$14 Mill…

Zimbabwe Market Watch | 29th July 2015: Zimbabwe equities losses continue, industrial index down -0.56 points, market cap down US$14 Mill…

Harare, Zimbabwe (Capital Markets in Africa):-The Zimbabwe Stock Exchange (ZSE) Industrial Index closed trading in the red zone again today continuing the losses made earlier in the week. The ZSE Industrial Index was down by -0.38% another plunge of -0.56 points to end at 145.05 61 (-10.89% year-to-date and -20.99% year-on-year basis). The Mining Index however continued on its flat line recording no change in basis points (0.00% rise) to close once again on 40.94 points (keeping the year-to-date at -42.90% and year-on-year return at -38.46% respectively). The market capitalization made a…

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Zimbabwe Market Watch | 27th July 2015: Zimbabwe equities ….ZSE industrial index down 0.11 points, market cap ends at US£3.8 billion lifted by Retail Sector gains

Zimbabwe Market Watch | 27th July 2015: Zimbabwe equities ….ZSE industrial index down 0.11 points, market cap ends at US£3.8 billion lifted by Retail Sector gains

Harare, Zimbabwe (Capital Markets in Africa):-The Zimbabwe Stock Exchange (ZSE) Industrial Index closed trading in the red zone today down by 0.07% or 0.11 points to end at 145.79 (-10.44% year-to-date and -20.66% year-on-year basis). The mining index however remained flat recording no change in basis points (0.00% rise) to close at 40.94 points (taking the year-to-date to -42.90% and year-on-year return to -38.46% respectively). The market capitalization however continued to make gains as the week started ending at US$ 3,826 billion while the market activity was higher today with a…

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Orange increases its capital interest to 49% in Méditel

Orange increases its capital interest to 49% in Méditel

PARIS, France (Capital Markets in Africa) — Fipar-Holding (the Moroccan Caisse de Dépôt et de Gestion group), FinanceCom and Orange signed the final documentation today increasing Orange’s interest in Méditel, the Moroccan telecommunications operator, in application of the agreements they signed in December 2010. Through this transaction, Orange has acquired an additional 9% of Méditel’s capital and benefits from the rights set out in the December 2010 agreements. As a result, Orange now holds 49% of…

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Egypt Equity Watch | 21st July 2015: Egyptian equity markets indices start week on a high, EGX30 up 26.78 bps, market cap adds EGP 171 mill…

Egypt Equity Watch | 21st July 2015: Egyptian equity markets indices start week on a high, EGX30 up 26.78 bps, market cap adds EGP 171  mill…

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity markets Benchmark Index, EGX70, EGX100 and the EGX20 capped index started the week on a high today with most of the Indices recording rises and market capitalisation topping EGP 486,708 Million. The benchmark index EGX30 closed on 8049.69 up 26.78 points to end the day with an increase of 0.33 percent from its previous close of 8022.91 points  (with the resultant year-to-date performance of -9.82 percent and equal to 3,534 points in US$ terms). The EGX20 capped index was up 1.44 points, gaining by 0.02 percent to close at 8088.23 up from 8086.79 recorded…

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Zimbabwe Market Watch | 13 July 2015: Zimbabwe equities begins in red …. ZSE industrial index down by 18 basis points

Zimbabwe Market Watch | 13 July 2015: Zimbabwe equities begins in red …. ZSE industrial index down by 18 basis points

Harare, Zimbabwe (Capital Markets in Africa):-The Zimbabwe Stock Exchange (ZSE) industrial index and market capitalization started the week on red. The industrial index somersaulted  by 0.18 percent or 0.26 points to end at 144.60 points, resulting to -11.01 percent year-to-date and -22.44 on year-on-year basis. However,  the mining index remained unchanged to settle at 39.72 points (-44.61 percent and 28.00 percent year-to-date and year-on-year return respectively). The market capitalization end at US$ 3.788 billion, by giving…

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