Football World lost Sol Bamba

Former Ivorian Football Defender Sol Bamba passed away at the age of 39, the Financial Services dominated trading on Nigeria stock market during the last week.

Good Morning, Welcome to Monday! And welcome to September! Former Ivorian Football Defender and Adanaspor Coach Sol Bamba passed away at the age of 39, Saham Rebrands as SanlamAllianz, the Financial Services Industry dominated trading activities on Nigeria stock market during the last week, the last German soldiers have left the Niamey (Niger) base, Togo Minister Dussey delivered Important Speech at the opening of the 6th and final preparatory congress for the 9th Pan-African Congress in Lomé (scheduled for the end of October).

 Let’s go!

Financial Markets Overview

August 30, 2024 market close.

Public Markets

  • Financial Services Industry Dominated the last week of August Trading at Nigerian Bourse (AP)

Earnings results

  • UEMOA Banks Show Positive Indicators but Face Vulnerabilities (MW)

  • Banking Stocks: Oando and Others Add ₦349 Billion to Investors' Portfolios (VG)

  • Zenith Bank’s Half-Year Profit Doubles to N578 Billion Amid Interest Income Boom (PT)

Deals / M&A

  • Invictus Investment Expands Footprint in Africa with New Acquisition (ZA)

  • Ghana Government Releases GHS 700 Million for Investors in Defunct Asset Management Companies (SL)

  • Saham Rebrands as SanlamAllianz for a New Era of Insurance in Africa (FA)

  • Tony Elumelu Commits to Senegal's Economic Transformation After Meeting with President (LE)

Business ops

  • The Nigerian National Petroleum Company Seeks Private Operators for Warri-Kaduna Refineries (PT)

West Africa

Headlines

  • Ivorian Defender Sol Bamba Passed Away Aged 39 (AN)

  • Sahel Airlines Fill the Void Left by Air France (KA)

  • Conference of the Diaspora Region: Preparatory for 9th Pan-African

  • Congress in Lomé 2024, Minister Dussey’s Important Speech (TG)

  • Niger’s Last German Soldiers Have Left Niamey Base (RF)

  • Senegal’s Constitutional Revision Was Rejected by Law Commission (RF)

  • Ghanaian and Two Other Africans Compete for Commonwealth Secretary-General Role (MJ)

  • Nigerian Government's Healthcare Reforms Are Attracting Billions in Investment, Shettima Says (PT)

What else is going on in Westaf

  • Ghana Tourism Authority Launches 2024 Tourism Month (MG)

  • University of Lom/ Calls for Applications for Master’s in Governance for International Development (IC)

  • UNDP in Togo launched the 2024 edition of the “Startup Innovation Challenge” in Lomé on Friday (RT)

  • In Senegal, a state agency is auditing the Regional Express Train (TER) Project Due to 55% Budget Overrun (APS)

  • Lagos is Hosting Summit on Urban Development in October (PN)

  • Nigeria’s Frequent Power Outages Can Be Overcome, Says Chinese Expert (VG)

  • Nigerian Petroleum Minister Urges Oil Firms to Expedite Establishment of The Host Community Development Trusts (HCDT) (VG)

  • Ivory Coast Government Reveals September Fuel Prices (BW)

  • In October, Ghana is hosting the inaugural Africa Basketball Festival (VOA)

Other African Regions

  • Egypt and Somalia Sign Unprecedented Military Protocol (RF)

  • DR Congo Seeks New Investors to Exploit and Export Gold (RF)

  • Gabon’s New Constitutional Project Has Been Submitted to Transition President (RF)

  • Rwanda's President Paul Kagame Dismissed Hundreds of Military Officers (MW)

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