News type: Research
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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
Dec 20, 2023 –
Seed Co International Limited, reported H1 2024 revenue increased by 23% to US$31m from US$25m year prior with strong growth in East Africa. Highlights: H1 2024 maize volumes up 18%, total volumes up 16%. H1 2024 earnings improved from a loss of US$3.9m from a US$4.3m loss year prior. Operating …
Flash, Research | Botswana, Zimbabwe
Nov 28, 2023 –
Dangote Cement, MTN Nigeria and BUA Cement account for 41% of the Top 30 in West Africa as of 30 September 2023. BRVM and Ghana had positive YTD US$ returns of 2.8% and 14.7% respectively, while Nigeria had negative YTD US$ returns of 25.3%.
Research | Benin, Gambia, Ghana, Ivory Coast, Nigeria, Senegal, Togo
Oct 13, 2023 –
Earnings of the 98 companies that have so far reported for the six months ended June 2023 amounted to US$4.3bn, down 17% on H1 2022. H1 2023 vs H1 2022 US$ earnings by market 9 out of 13 markets in the report have H1 2023 earnings up from H1 2022: …
Research | Botswana, Ghana, Kenya, Mauritius, Namibia, Nigeria, Rwanda, Tanzania, Uganda, Zambia
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