Mauritius Equity Markets | 06 Oct 2015: Negative moods persisted at the Stock Exchange of Mauritius equity trading

Mauritius Equity Markets | 06 Oct 2015: Negative moods persisted at the Stock Exchange of Mauritius equity trading

PORT LOUIS, Mauritius, Capital Markets in Africa — Negative moods persisted at the Stock Exchange of Mauritius equity markets trading today. The equity market capitalization ended at MUR 213.088 billion after sagging by MUR 103 million (about US$2.9 million) compared to previous market capitalization of MUR 213.191 billion. The Mauritius All Share Index (SEMDEX index) plunged by 0.05 percent or 0.92 points to close at 1,913.48 and SEM10 index tumbled by  0.14 percent or 0.50 points…

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Sub-Saharan Africa’s GDP growth to slow to 3.7% in 2015, Poverty declines …

Sub-Saharan Africa’s GDP growth to slow to 3.7% in 2015, Poverty declines …

Lagos, Nigeria, Capital Markets in Africa — Sub-Saharan Africa countries are continuing to grow, albeit at a slower pace, due to a more challenging economic environment. Growth will slow in 2015 to 3.7 percent from 4.6 percent in 2014, reaching the lowest growth rate since 2009, according to new World Bank projections. These latest figures are outlined in the World Bank’s new Africa’s Pulse, the twice-yearly analysis of economic trends and the latest data on the continent….

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Nigerian Breaking news : Senate officially release names of ministerial nominees

The names announced ministerial nominees read out by the Senate President are:  1. Rotimi Amaechi 2. Babatunde Fashola 3. Adebayo Shittu 4. Audu Ogbeh5. Kayode Fayemi6. Chris Ngige 7. Amina Ibrahim 8. Kemi Adeosun9. Lai Mohammed 10.Ogbonnaya Onu11. Ibe Kachikwu12.Aisha Alhassan 13. Hadi Sirika14. Udo Udoma15. Solomon Dalong16. Ibrahim Usman Jubril17. Ahmed Musa Ibeto18. Suleiman Adamu19. Abubakar Malami20. Abdulrahman Dambazzau 21. Osagie Ehanire

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IPP Office’s Karén Breytenbach to participate at 9th Powering Africa: Finance Options meeting next month at the Vineyard Hotel, Cape Town

Following the overwhelming success of the South Africa: Gas Options (SA:GO) meeting in Cape Town last week – which welcomed over 300 investors to learn about South Africa’s Gas IPP programme – Karén Breytenbach and the IPP Office team will attend Powering Africa: Finance Options meeting (PA:FO) in Cape Town from 5-6th November to explore some of the potential financing bottlenecks which could arise in the gas programme. The potential of the Gas IPP and…

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Nigerian Equity Markets | 05 Oct 2015: Nigerian Equities in Red, All Share index 0.6% lower

Nigerian Equity Markets | 05 Oct 2015: Nigerian Equities in Red, All Share index 0.6% lower

Lagos, Nigeria, Capital Markets in Africa — The Nigerian All Share Index (ASI) dipped 0.6 percent on the first trading day of the week to 30,405.88 points as a result of drags the equity market capitalization to NGN 10.45 trillion relative to NGN 10.51 recorded at the previous trading session, hence a lose of NGN 60 billion. Furthermore, NSE 30 index ended at 1,388.83 levels after gaining 0.45 percent, NSE Premium added 1.20 percent to…

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Tanzania Equity Markets | 05 Oct 2015: Tanzania Equity back to Positive zone, adds US$120 Million …

Tanzania Equity Markets | 05 Oct 2015: Tanzania Equity back to Positive zone, adds US$120 Million …

DAR ES SALAAM Tanzania, Capital Markets in Africa — Tanzania Dar es Salaam Stock Exchange equity market started in the green zone at the end of Monday trading session. Therefore, the equity market capitalization lost TZS 259 billion (about US$120 million) to end at TZS 22,047 billion relative to market capitalization of TZS 21,788 billion recorded at previous trading session. The Dar es Salaam Stock Exchange index (DSEI) gained 29.74 points or 1.20 percent to end…

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South Africa Equity Markets | 05 Oct 2015: JSE All Share ended 2.19% higher with gains across the board

South Africa Equity Markets | 05 Oct 2015: JSE All Share ended 2.19% higher with gains across the board

JOHANNESBURG, South Africa, Capital Markets in Africa — Johannesburg Stock Exchange (JSE) All Share index ended 21.9 percent or 1,115.42 points higher to close at 52,071.31 points. The JSE Top 40 index also added 1,024.91 points or 2.24 percent to end at 46,693.26 points. The JSE financial sector index surged by 2.06 percent to end at 44,366.64 points. Both Industrial and industrial 25 sector indexes higher by 2.25 percent to close at 77,533.35 points and added 2.33 percent to settle at 69,731.44…

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