The Central Bank of West African States (BCEAO) held its benchmark marginal lending rate steady at 3.75 percent, saying inflation remains moderate and economic growth is continuing its upward trend toward this year's target of 6.5 percent in the eight-nation West African Monetary Union (WAMU).
Kenya and Tanzania are set to benefit from the African Development Bank (AfDB)'s seven-year multi-currency line of credit for an amount equivalent to $300m.
InReturn Capital, a Nairobi based private equity company that invests in small-to-medium sized enterprises (SMEs) across East Africa, has rebranded to Jacana Partners, a leading pan-African SME private equity firm and long-term partner of InReturn Capital. The rebrand is the first phase of a legal merger that is expected to close in the first quarter of 2013. The merger will create an SME private equity group with pan-African coverage that will manage a new $75 million SME fund expected to close later this year.
Following the launch in Kigali, The East Africa Exchange will be introduced to the international community at the World Economic Forum in Davos, Switzerland. President Paul Kagame of Rwanda, Nicolas Berggruen of Berggruen Holdings, Wiebe Boer of Heirs Holdings and Jendayi Frazer of 50 Ventures presented the project at a press conference today, January 23.
 | BRVM-CI | 325.14 | -0.31% | 03/10 |
 | BSE DCI | 10,610.53 | - | 03/10 |
 | DSE ASI | 2,484.57 | +0.27% | 03/10 |
 | EGX 30 | 36,900.70 | +0.36% | 02/10 |
 | GSE-CI | 8,410.56 | +0.53% | 03/10 |
 | JSE ASI | 109,778.10 | +1.56% | 03/10 |
 | LuSE ASI | 25,276.85 | -0.09% | 03/10 |
 | MASI | 18,820.18 | +1.95% | 03/10 |
 | MSE ASI | 600,469.03 | +1.26% | 03/10 |
 | NGX ASI | 143,584.04 | +0.42% | 03/10 |
 | NSE ASI | 178.50 | -0.26% | 03/10 |
 | NSX OI | 1,962.75 | +1.75% | 03/10 |
 | RSE ASI | 179.26 | +0.06% | 03/10 |
 | SEM ASI | 2,192.87 | +0.29% | 03/10 |
 | TUNINDEX | 12,288.18 | -0.78% | 03/10 |
 | USE ASI | 1,466.72 | +0.21% | 03/10 |
 | ZSE ASI | 205.16 | -0.51% | 03/10 |
