News type: Research
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Aug 23, 2024 –
As of June 2024 Malawi companies possess the highest market capitalisation, totaling US$3.37bn. They are followed by Botswana with US$2.72bn, Namibia with US$2.11bn, Zimbabwe with US$1.96bn, and Zambia with US$1.92bn. South Central Africa’s companies are the smallest in Sub-Saharan Africa excluding South Africa with the largest company ranking number 26 […]
Research | Botswana, Malawi, Mozambique, Namibia, South Africa, Zambia, Zimbabwe
Aug 20, 2024 –
Safaricom’s US$5.4bn market capitalisation accounts for 25% of market capitalisation of the Top 30 companies and its weighting now no longer skews the data. East Africa, Mauritius and Seychelles markets US$ returns were up 13.1% year to date in June 2024. This increase was primarily led by Kenya, which saw […]
Research | Kenya, Mauritius, Rwanda, Tanzania, Uganda
Aug 8, 2024 –
Dangote Cement, BUA Foods and BUA Cement account for 37% of the Top 30 in West Africa as of 30 June 2024. BRVM Cote d’Ivoire had positive YTD US$ returns of 4.1%, while Nigeria and Ghana had negative YTD US$ returns of 21.4% and 4.7% respectively. Fundamental valuation outliers NOTE: […]
Research | Benin, Gambia, Ghana, Ivory Coast, Nigeria, Senegal, Togo
Apr 29, 2024 –
BK Group Plc FY 2023 earnings increased by 27% to US$59.4 million from US$54.5 million in the year prior. Highlights: Return on Equity up to 20% vs 19% in 2022. Net interest margin/total assets increased to 7.8% from 7.4%, while loans were up by 18% to US$1.1 billion. Corporate loans […]
Flash, Research | Rwanda
Mar 19, 2024 –
Airtel Uganda Limited reported 2023 revenue of US$472m, a 10% improvement from US$430m the year prior. Highlights: 2023 earnings down 10% to US$79m compared to prior year. Operating margins down to 33% from 38% year prior. Operating profit decreased to US$157m from US$165m. The return on total assets for 2023 […]
Flash, Research | Uganda
Feb 5, 2024 –
Dangote Cement, MTN Nigeria and BUA Cement account for 36% of the Top 30 in West Africa as of 31 December 2023. BRVM and Ghana had positive YTD US$ returns of of 9.1% and 9.6% respectively, while Nigeria had negative YTD US$ returns of 25.1%. Fundamental valuation outliers NOTE: Valuations […]
Research | Benin, Gambia, Ghana, Ivory Coast, Nigeria, Senegal, Togo
Feb 2, 2024 –
Safaricom’s US$3.5bn market capitalisation accounts for 19% of market capitalisation of the Top 30 companies and its weighting skews the data. East Africa, Mauritius and Seychelles markets US$ returns were down 23% year to date in December 2023. This decrease was primarily led by Kenya, which saw a sharp drop […]
Research | Kenya, Mauritius, Rwanda, Tanzania, Uganda
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