Africa News: Nairobi Stocks Face More Headwinds From Bank Earnings Drop


A man looks out at the city skyline in Nairobi, Kenya.

Photographer: Trevor Snapp/Bloomberg

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There is no recovery in sight yet for Africa’s worst-performing stock market as investors look to bank earnings this month to assess how hard the coronavirus pandemic hit Kenyan lenders.

Net foreign-investor outflows and reduced dollar earnings led the Nairobi Securities…



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