Highlights from the Keynote Address of HRH Prince Abdulaziz bin Salman, Minister of Energy, at the 9th OPEC International Seminar.

The Kingdom continues to act proactively, prudently, and preemptively, affirming its role as a reliable and transparent energy supplier, and reinforcing global energy security. #SaudiArabia #OPEC

CBE Capital, Ethiopia’s pioneering Investment Bank, today successfully executed a historically 1st inter-broker trade of the Government of Ethiopia’s Treasury Bills, at the official commencement of trading organized by the Ethiopian Securities Exchange (ESX). We also traded

JUST IN: African Development Bank Group in collaboration with IsDB Group, Federal Ministry of Finance, and the Abia State Government, has launched the USD 263.8M Abia State Integrated Infrastructure Development Project in Umuahia. 🏗️

Top 15 Military Budgets in 2025 🪖 1. 🇺🇸 USA – $962B 2. 🇨🇳 China – $246B 3. 🇷🇺 Russia – $150B 4. 🇩🇪 Germany – $109B 5. 🇬🇧 UK – $81B 6. 🇮🇳 India – $79B 7. 🇸🇦 Saudi Arabia – $78B 8. 🇯🇵 Japan – $55B 9. 🇺🇦 Ukraine – $54B 10. 🇫🇷 France – $47B 11. 🇰🇷 South Korea – $45B 12. 🇮🇹 Italy –

Botswana will devalue its currency, Pula by 2.76% to make its goods cheaper due to the decline in diamond demand worldwide. The Pula is one of the strongest currencies in Africa. 1 US Dollar equals 13.35 Pula.

Top 15 Countries by Carbon Emissions 💨 1. 🇨🇳 China – 15.9 GtCO₂e 2. 🇺🇸 United States – 6.0 GtCO₂e 3. 🇮🇳 India – 4.1 GtCO₂e 4. 🇪🇺 EU – 3.2 GtCO₂e 5. 🇷🇺 Russia – 2.7 GtCO₂e 6. 🇧🇷 Brazil – 1.3 GtCO₂e 7. 🇮🇩 Indonesia – 1.2 GtCO₂e 8. 🇯🇵 Japan – 1.0 GtCO₂e 9. 🇮🇷 Iran – 1.0

📈 Kenya stock market is up +28.4% YTD - and it’s not slowing down. Kenya Power ⚡️: +129% KenGen 🔋: +95% Investors who positioned early are smiling all the way to the bank. This is the NSE PLC showing its potential - in real time. 💡 If you’ve been waiting for the “right

Oil markets await Trump statement on energy policy. oilprice.com/Latest-Energy-…

WHY MINISTERS ARE GOING TO CHINA Deputy President Paul Mashatile will lead a high-level government delegation to China from July 14 to 18 to participate in the China International Supply Chain Expo. Joining him on the visit are 1/ Deputy Minister of International Relations

KenGen has officially transferred the Olkaria 280MW transmission line to KETRACO after the government offset €36.9M (KSh 5.1Bn) in on-lent loans. The June 2024 novation deal ends KenGen’s loan obligations, fulfilling the 2010 KEEP agreement under KETRACO’s mandate. [Per annual

ZiG Achieves Record Appreciation, June Outperforms with Robust Late Rally ✳️#ZiG posts longest winning streak since April 2025, backed by #gold reserves rising to 3.4t—3rd in Africa. ✳️Deferred payments ($1.5–2bn) and fiscal opacity threaten long-term stability.

Kenya Airways is restoring its grounded Dreamliners after a 20% drop in capacity since late 2024, with the first aircraft returning on July 22, 2025, and two more by September and December. —The airline plans to add 528 seats and boost belly cargo capacity by 239% by Q4 2025,

NOTICE: Centum Investment have released their financial results for the year ended 31st March 2025. For more information, please follow the link to our website: use.or.ug/content/centum…

NOTICE: Bank of Baroda have announced a change in their directorship. For more information, please follow the link to our website: use.or.ug/content/bobu-d…

Frontier Africa Reports

MSE Daily Market Summary 14 July 2025

Indices on the ZSE closed mixed on Monday while the , VFEX All Share Index recovered 0.95 points or 0.89% to 108.28 on gains in African Sun, Axia, FCB, Innscor, Padenga, Simbisa and Zimplow.

SSA Stocks Mixed on Monday on Tariffs, USD Comeback, Etc | #MonyMoves In this debut of #MoneyMoves, the show highlights key headlines in the African economies, while tracking the mixed performance of pan-African equities, currencies, bonds and others. The Nigerian bourse ended

Tullow Oil and Gulf Energy won a 6-month extension to file a development plan for Kenya’s Turkana oil fields, now due by December 2025. The $120M sale, announced in April, hinges on regulatory approval. Tullow eyes debt cuts as it also offloads Gabon assets to raise cash. [per