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Mozambique economic growth to slow to 4.5 percent in 2016 - IMF 07:44 GMT

MAPUTO (Reuters) - Mozambique's economic growth will likely slow to 4.5 percent in 2016 from 6.6 percent the previous year due to rapidly rising inflation and growing government debt, the International Monetary Fund said on Friday.  Full Article

 
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Nigeria's Dangote shifts focus from cement to oil and gas Friday, 24 Jun 2016 

LAGOS (Reuters) - Africa's richest man, Aliko Dangote, plans to launch Nigeria's first private crude oil refinery by 2019 while almost doubling his cement production on the continent by adding plants in eight countries as he shrugs off a regional economic downturn.  Full Article  

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Kenya has enough forex to handle any impact from Brexit vote: minister Friday, 24 Jun 2016 

NAIROBI (Reuters) - Kenya has adequate foreign exchange reserves to take appropriate action if there is any fallout from Britain's vote to leave the European Union but there is no reason for any such action for now, the finance minister said on Friday.  Full Article  

 
Symbol Last Net Change
GOLD CON1 JPY  4,329.00 JPY  3.00
SILVER CON1 JPY  58.00 JPY  3.00
PLATINUM CON1 JPY  3,239.00 JPY  30.00
PALLADIUM CON1 JPY  1,800.00 JPY  0.00
Symbol Last Net Change
BRENT CRUDE USD  48.41 USD  -2.50
GAS OIL APR1 USD  432.75 USD  -16.50
LIGHT CRUDE CON1 USD  47.57 USD  -2.47
NATURAL GAS CON1 USD  2.67 USD  -0.04
Symbol Last Net Change
COFFEE C CON1 USC  134.00 USC  -5.25
COCOA CON1 USD  3,064.00 USD  -171.00
SUGAR 11 CON1 USC  19.07 USC  0.03
UK £ USD =1.3695
Euro USD =1.1095
Rand USD =0.0664

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