Here are the highlights from Afrinvest‘s Fortnightly Report for the period ended Feb 5th 2010.

Socio-Political and Economic Update
· Nigeria to raise N145.0bn (US$958.4m) in Bonds
· FG offers 2.0bn barrels of oil reserves

Energy Sector Developments
· Shell sells stake in three Nigerian oil licenses
· Afren to participate in offshore Nigerian block

Equity Markets Update
· NSE All-Share Index gains 5.43% in two weeks

Company News
· Motorola wins Zain Nigeria network expansion deal
· Ecobank opens office in South Africa