Select your language
Africa will need to fasttrack market integration in order to enhance the potential for initial public offerings, even as the value of flotations on the continent is projected to exceed last year’s. Some 15 IPOs are expected across the continent in 2016.
Fitch Ratings has downgraded Barclays Africa Group Limited (BAGL) and Absa Bank Limited's (Absa) foreign currency Long-term Issuer Default Ratings (IDR) to 'BBB-' from 'BBB' and the local currency Long-term IDRs to 'BBB-' from 'BBB+'. A full list of rating actions is at the end of this rating action commentary.
The British banking group Barclays has confirmed today March 1st that it will exit African market.
Digital money transfer provider SimbaPay has expanded its services to five new countries as diaspora banking kicks up.
Page 38 of 57
 | BRVM-CI | 306.15 | -0.75% | 02/07 |
 | BSE DCI | 10,404.95 | +0.02% | 02/07 |
 | DSE ASI | 2,371.89 | +0.62% | 02/07 |
 | EGX 30 | 32,820.49 | +0.35% | 02/07 |
 | GSE-CI | 6,246.35 | - | 02/07 |
 | JSE ASI | 96,609.38 | -0.31% | 02/07 |
 | LuSE ASI | 20,145.02 | -0.29% | 02/07 |
 | MASI | 18,517.45 | +0.58% | 02/07 |
 | MSE ASI | 332,086.40 | +0.66% | 02/07 |
 | NGX ASI | 120,339.90 | +0.50% | 02/07 |
 | NSE ASI | 157.86 | +0.82% | 02/07 |
 | NSX OI | 1,798.26 | +0.25% | 02/07 |
 | RSE ASI | 150.43 | - | 30/06 |
 | SEM ASI | 2,074.39 | +0.68% | 02/07 |
 | TUNINDEX | 11,574.53 | -0.13% | 02/07 |
 | USE ASI | 1,299.04 | -0.07% | 02/07 |
 | ZSE ASI | 198.16 | -0.15% | 02/07 |
