DAR ES SALAAM, Feb. 25 -- TANZANIA remained the topperforming equity market in Africa in local currency terms, extending its year-to-date gains to 40.65 per cent as investor appetite stayed firm across the continent.

The strong showing helped anchor a broadly positive week for African equities, with West and East African markets recording particularly robust momentum.

“Overall, the performance underscores sustained interest in African equities, led by Tanzania and West Africa, even as some markets paused after strong earlier gains,” African Markets newsletter said yesterday.

Beyond Tanzania, according to African Markets newsletter, gains were pronounced in West Africa, where Ghana surged 15.06 per cent over the week, liftin...