Frontier Africa Reports

Frontier Opening Bell - Thursday, July 22, 2021

Welcome Back Frontier African securities markets from the holidays, with interest rates meeting by SARB and Mozambique central bank; Tunisia's foreign trade beats in June and HY1 (Exports +27%/Imports 23.3%); Egypt's FRA okays Arab Banking Corporation purchase of Blom Bank for $427mn; Orange buying into Ethio Tel; Kenyan banks rejigged MSMEs loan worth Ksh234.7bn in 2020; Nigeria leads Top 50 finalists of Jack Ma's Africa Business Heroes 2021 Prize Competition; Fitch raises CI rating to 'BB-'; SA inflation retraces in June same as Cote d'Ivoire and many more.