Frontier Africa Reports

Frontier Opening Bell - Thursday, September 02, 2021

First trading day in September was mixed and largely to the downside for many Frontier African bourses, but Egypt positive by +1.26%; I&M Bank HY earnings excites; President Buhari did minor reshuffle removing Agric and Power cabinet ministers and inaugurate new board of NSIA; Anglo-Gold Ashanti has a new CEO; Egypt's external debt touched $135bn in 3Q, but inks $4.5bn high-speed rail deal with Orascom Construction, Siemens, and others; Zambia holds policy rate; Ethiopia raises bank's CRR to 10% and loads more on today's FOB