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Nigeria: Stock Market Defies Profit Taking to Close Higher

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Posted by admin 1 day 13 hours ago (http://allafrica.com)
[This Day] After succumbing to profit taking the previous week, the Nigerian equities market returned to positive territory last week helped by bargain hunters's drive to take position for possible gain in the last trading day of the week.

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Ethiopia: French and Dutch Companies to Conduct the GERD Studies

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Posted by admin 1 day 13 hours ago (http://allafrica.com)
[Ethiopia Government] The French BRL Group will be the main consultancy firm to carry out the technical studies agreed on for the Grand Ethiopian Renaissance Dam (GERD,) and the Dutch Deltares company will also participate. The two firms will submit a joint action plan before May 4 after which Egypt, Ethiopia and Sudan are scheduled to sign contracts. The technical tripartite committee on GERD in

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Zimbabwe: Demise of the Stock Exchange

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Posted by admin 12 days ago (http://allafrica.com)
[Financial Gazette] ASTRA Holdings is planning to de-list from the domestic bourse. The new shareholders, who now hold over 80 percent of stock in the company, are compelled to do so by listing regulations after taking up more stock than they should have left to allow for at least 30 percent of the shares to be free floating.Art Corporation, which has just announced plans to buyout minorities, is

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Tanzania: A New Landscape for Capital Market Awaited

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Posted by admin 7 days ago (http://allafrica.com)
[Daily News] THE landscape for the capital market is set to change radically with the entry of the Mwalimu Commercial Bank, the bank by the teachers and for the teachers, to the country's thriving financial market for equities.

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Tunisia: 'Best Packaged Olive Oil Prize' Awarded to Three Companies

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Posted by admin 4 days ago (http://allafrica.com)
[Tunis Afrique Presse] Tunis, -Three Tunisian olive oil exporting companies were rewarded, Thursday evening in Gammarth, at the third national competition for the "best packaged olive oil" prize, out of 22 participating firms.

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Angola: Angola - CMC Wants Cooperation of Mirex in Promoting Capitals Market

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Posted by admin 4 days ago (http://allafrica.com)
[ANGOP] Luanda -The Capital Market Commission (CMC) want cooperation of the Ministry of Foreign Affairs (Mirex) for the promotion of capital market abroad, as well as to combat money laundering and circular money, said on Thursday its managing director, Vera Esperança Daves.

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Nigeria: NSE Index Slips By 0.38 Percent

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Posted by admin 4 days ago (http://allafrica.com)
[Independent (Lagos)] Lagos -The free fall on the floor of The Nigerian Stock Exchange (NSE) continued on Thursday when two of the basis indicators, the All Share Index and market capitalisation, closed southward when they shed 0.38 percent each.

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Rwanda: Crystal Ventures to List Crystal Telecom On Stock Exchange

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Posted by admin 5 days ago (http://allafrica.com)
[Focus] Crystal Ventures Ltd has announced its intention to have an initial public offering (IPO) on the Rwanda Stock Exchange of its wholly owned subsidiary, Crystal Telecom. Crystal Telecom owns a 20% interest in MTN Rwandacell Limited as its only investment.

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