Archive for January, 2016
The Egyptian government to engage DFIs and investors to outline 30GW of energy projects this FebruaryWednesday, January 27th, 2016
Next month (16 -18 February 2016) Egypt’s government, regulators and public sector stakeholders will discuss the role of DFIs and the private sector to fund and build 30GW of electricity generation, transmission and distribution projects that are about to go to tender, and projects which will require additional investments and partnerships to be completed.
The Ai40 Index was down for another week but the losses were minimal. Thanks to a strong showing by Nigerian banks (which last week drove the Index down), the Index lost just 0.04 points. This is a drop of 0.04% from last week’s value of 86.82. The Index therefore closed Friday at 86.78.
A terrible week for US markets was reflected on the Ai40 Index, which plummeted 2.88 points, or 3.2%, over the week. Down from last week’s value of 89.70, the Index is currently sitting at 86.82 points. This time last year, the Index was valued at 109.80 points, which means a loss of 22.98 points, or […]
The Ai40 Index is down once again. Last week’s gains were erased this session as South African companies continued their slew of poor performances and Nigerian stocks reversed last week’s good run. The Index fell 2.62 points, down from last week’s close of 92.32, to rest at 89.70 points. This is a loss of 2.83%.
The Ai40 Index enters the New Year with some good news: since the last review on 21 December, the Index finally ended slightly higher. On that date, the Index was at a value of 91.02. The Index’s current close stands at 92.32 points, which is a gain of 1.3 points, or 1.42%. This is the […]