Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function
Sub-Saharan Africa: Restarting the Growth Engine
May 9, 2017--Sub-Saharan Africa's growth has fallen to its lowest level in more than 20 years, the IMF said in its latest Regional Economic Outlook for Sub-Saharan Africa.
While some countries like Senegal and Kenya continue to experience growth rates higher than 6 percent, growth has slowed for two thirds of countries in the region bringing down average growth to 1.4 percent in 2016.
view the IMF-Regional Economic Outlook: Restarting the Growth Engine
Source: IMF
Nigeria: Stock Market Gains N156 Billion On Renewed Investor Sentiment
May 8, 2017--It was another bullish week for equities investors as the market rode on the continued positive sentiments to gain N156.2 billion.
The market, which had previously recorded its highest weekly gain, rallied further last week on persistent investors' positive reactions to first quarter (Q1) earnings reported by companies.
view more
Source: AllAfrica.com
Resources drag down JSE as commodity prices fall
May 8, 2017--Resources shares have pulled the JSE down, putting further pressure on already-low commodity prices with all major commodity groups listed on the JSE losing ground by mid-morning.
view more
Source: FIN24
JSE rallies as weak rand boosts Resources index
May 5, 2017--The Resources index on the JSE has risen, helping the All-share and Top 40 indices recover from the previous three days' losses, but commodity prices remain an investor concern.
view more
Source: FIN24
Rand breaches R13.60/$
May 4, 2017--The rand has hit a three-week low against the US dollar after the US Federal Reserve kept interest rates on hold and downplayed weak first-quarter GDP growth as temporary.
view more
Source: FIN24
Competitiveness Boost Urgently Needed to Meet Africa's Demographic Challenges
May 4, 2017--Without urgent action to address stagnating levels of competitiveness, Africa's economies will not create enough jobs for the young people entering the job market, according to a report released today.
If current policies remain unchanged, fewer than one-quarter of the 450 million new jobs needed in Africa in the next 20 years will be created.
These are among the key findings of the Africa Competitiveness Report 2017, a biennial publication jointly produced by the World Economic Forum, the African Development Bank, and the World Bank Group.
JSE listed ETF offers 15 African exchanges ex-South Africa
May 4, 2017--A new exchange-traded fund (ETF) offers investors access to an index covering 50 companies across Africa outside South Africa. The AMI Big50 Ex-SA ETF tracks a new index designed by Cloud Atlas Investing, a Johannesburg-based collective investment scheme.
It covers shares in 15 African exchanges including Egypt, Mauritius, Kenya, Morocco, Tanzania, Nigeria, Tunisia, Botswana, Namibia, Uganda, Ghana and Zimbabwe, as well as the BRVM Exchange in West Africa.
view more
Source: africancapitalmarketsnews.com
JSE stumbles after six positive sessions
May 3, 2017--The JSE stumbled after six positive sessions as most sectors, barring gold stocks retreated.
view more
Source: FIN24
Naspers rally lifts JSE
May 2, 2017--A rally in Naspers skewed the firmness of the overall market, whilst a strong turnaround in the rand as well as weaker commodity prices saw resource stocks decline.
view more
Source: FIN24
Rand in for rough ride as political pressures intensify
May 2, 2017--A currency strategist warns that investors will be nervous of politicians' statements, possible physical violence and negative moves in the bond market.
view more
Source: FIN24
