View if Lagos harbour across the lagoon, 3 Nigerian banks raising capital on Nigerian Exchange
Capital raising

3 Nigerian banks raise $0.5bn capital through share issues

Nigeria’s top banks are raising over $550m on the Nigerian Exchange (NGX) in order to expand at home and abroad. They also plan to transform …

People on balcony at London Stock Exchange applaud cross-listing of sustainability bond.
Bonds

NMB Bank sustainability bonds raise $ millions on global markets

Tanzania’s NMB Bank PLC continues its success in pioneering impact investing in East Africa with a sustainability bond cross-listed on the London and Luxembourg stock …

Cilo Cybin cannabis investment SPAC lists on Johannesburg Stock Exchange.
Capital raising

Cannabis SPAC lists on JSE AltX

An investment company with a focus on cannabis and biotechnology is a new listing on the Johannesburg Stock Exchange (JSE) growth and innovation board. Cilo …

New OTC East African Bond Exchange to launch
Exchange news

Bond trading rivals for Nairobi Securities Exchange

The Central Bank of Kenya‘s DhowCSD, a digital government bond trading platform, has reached a milestone of 80,000 investors, according to a report in Business …

Featured Events

7-9 October - AFSIC- Investing in Africa conference & expo 2024

Probably the largest annual event bringing together African investors and investments outside Africa. Meet key players in African investments and capital markets. Early bird rate until 31 August, save up to £700. 

Reviews

Where credit is due How african's debt can be a benefits not a burden

Where Credit is Due: How Africa’s Debt Can Be a Benefit, Not a Burden

A very readable in-depth study of the history and trends of government-issued sovereign debt in Africa, giving policy recommendations on how African governments can make the best of use of debt. The book – like this blog – covers all the countries on the African …

More News

Ethiopian Stock Exchange capital raise shares Addis Ababa
Capital raising

Fast progress at Ethiopian Securities Exchange

The Ethiopian Securities Exchange (ESX) is pushing forwards towards its launch and aims to launch secondary trading in bonds, equities and money market instruments in …

Cote d’Ivoire

West Africa’s BRVM on the road 7-8 May

The BRVM Investment Days roadshow is back in Johannesburg for two days from tomorrow (7-8 May). The highly successful West African regional exchange is organizing …

Nigeria detains Binance executives in cryptocurrency crackdown
Nigeria

Nigeria detains global executives in war on crypto

Nigeria has declared war on leading global cryptocurrency exchanges. On 26 February it detained two top international executives of Binance after they flew in for …

Listing of Transcorp Power on NGX Nigerian Stock Exchange
Capital raising

$1.2bn power listing lights up Nigerian exchange

A power generator energized the Nigerian exchange with a NGN 1.8 trillion ($1.16 billion) boost to market capitalization, after listing 7.5 bn shares yesterday (4 …