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Latest Regional News

Wed, 11/04/2018
NAIROBI, April 11 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. - - - - - EVENTS: *GHANA - Statistics office to release fourth quarter 2017 gross domestic product data and consumer inflation data for March. GLOBAL MARKETS Asian stocks rose modestly on Wednesday, paring earlier gains as optimism that trade ties between Washington and Beiji
Tue, 10/04/2018
NEW YORK/LONDON, April 10 (Reuters) - Sugar futures on ICE slumped to their lowest level in more than 2-1/2 years on Tuesday, pressured by data that showed the harvest picked up sharply in the main growing region of top producer Brazil and on concerns Indian exports will add to the supply glut.
Tue, 10/04/2018
LONDON, April 10 (Reuters) - Sugar futures on ICE hit a their lowest in more than 2-1/2 years on Tuesday amid growing concerns that India will export its surplus supplies to the world market, while cocoa prices also slipped.
Tue, 10/04/2018

Zimbabwe will invite Western powers to monitor its national elections for the first time in more than 15 years, official papers showed on Tuesday, ending a ban imposed by veteran former leader Robert Mugabe. FILE PHOTO: Zimbabwe's president, Emmerson Mnangagwa, speaks during Africa CEO Forum at the Sofitel Hotel Ivoire in Abidjan, Ivory Coast March 26, 2018.

Tue, 10/04/2018
NAIROBI, April 10 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. - - - - - EVENTS: *RWANDA - The statistics office to release of consumer inflation data for March. GLOBAL MARKETS U.S stock futures rallied, Asian equities bounced and the safe haven yen fell on Tuesday as Chinese President Xi Jinping promised to lower import tariffs on produ
Mon, 09/04/2018
NEW YORK/LONDON, April 9 (Reuters) - Cocoa futures on ICE rallied on Monday, shrugging off expectations for abundant supplies and turning higher on support from broad-based commodity buying, while arabica coffee jumped after data showed speculators held a record net short position.
Mon, 09/04/2018
ABIDJAN, April 9 (Reuters) - Above-average rainfall in most of Ivory Coast's cocoa regions last week produced a wave of flowers and cherelles on trees that point to a healthy mid-crop, farmers said on Monday.
Mon, 09/04/2018
LONDON, April 9 (Reuters) - Raw sugar futures were consolidating just above a recent 2-1/2 year low on Monday as excess supplies continued to cap prices while London cocoa extended its retreat from a one-year high set in late March.
Mon, 09/04/2018
NAIROBI, April 9 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday. - - - - - EVENTS: *Uganda central bank to announce its latest lending rate decision. *Tanzania to release consumer inflation data for March. GLOBAL MARKETS Asian shares crept higher on Monday as a bounce in U.S. stock futures soothed sentiment even as U.S. President Donald Trump
Sun, 08/04/2018
ACCRA, April 8 (Reuters) - Government officials from Ghana will meet investors in Japan this week as the West African nation seeks to diversify its range of sovereign bondholders, the finance ministry said on Sunday. Ghana, which exports cocoa, gold and oil, plans to issue up to $2.5 billion of sovereign debt, including a $1 billion Eurobond by the end of this month. Finance Minister Ken Ofori-Atta has previously said he is weighing the option of issuing a yen-denominated Samurai bond. He and ot

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