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🎙 Airtel Uganda offers 20% ($1.9 billion)of its share to the USE, seeking over $200 M in its initial public offering.
🎙Cocoa futures in the US continued their upward trajectory, surpassing the $3,600 mark for the first time since March 2011.
🎙The JSE All Share index was slightly down to 74,800 on the first trading session of September, mainly due to the underperformance of resource-linked sectors (-1.2%).
🎙In Nigeria, the PMI for Stanbic IBTC Bank dropped to 50.2 from 51.7.
🎙African airlines experienced robust passenger traffic growth at 38.9% but still lagged 9.2% behind 2Q19 levels, except South Africa.