Man in protective gear dismantling electronic equipment, illustrate story on the 2 share offers by The Initiates PLC on Nigerian Exchange
Capital raising

Nigerian waste management company hybrid offer closes 12 Dec

Listed waste management company The Initiates Plc in Nigeria aims to raise NGN 10.1 billion ($7 million) capital through a hybrid share offer, combining a ...

Landscape view from high building of Addis Ababa business district and skyscrapers.
Capital raising

Ethiopia roundup – 4 listings in coming weeks, market index coming

Last week’s sold out 2nd Capital Market Summit hosted by Ethiopian Capital Market Authority (ECMA) has spurred a host of stories and announcements. 70 companies ...

A banner advertisement for a share offer to raise capital for a Nigerian agricultural enterprise, capital raising in Africa.
Capital raising

Nigerian agri-business $162m share offer – EXTENDED

(NOTE: This post is for news information only and does not constitute investment advice in any form) UPDATE: Ellah Lakes has extended its share offer ...

Front of building which houses stock exchange. Article is about T+2 clearing and settlement
Exchange news

BRVM’s eight countries move to T+2 settlement on 4 Dec

The West African regional securities market is switching to T+2 settlement (second day after trading) with effect from the trading session this Thursday, 4 December. ...

Featured Event

10-11 Dec: African Investment Conference 2025

(Wed-Thu) Nairobi. Hosted by CFA Society East Africa and powered by CFA Institute. AfIC brings investors, policymakers, business leaders and finance professionals. First edition was AfIC 2023 in Lagos, Nigeria. This year: 500+ participants, 25+ speakers from across Africa and the world. Agenda includes Capital Formation Research report (get it here), intra-African capital and trade, and sovereign wealth and private capital trends.

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

view of distant city in haze behind trees illustrate news on Ethiopian Securities Exchange.
Ethiopia

Ethiopia roundup – Awash 4th investment bank, Kenyans taking interest, ECMA social warnings

Awash Capital S.C. is the latest Ethiopian investment bank to be licensed by the Ethiopian Capital Market Authority (ECMA). It received the licence on 19 ...

Graphic design to illustrate IPO share offer and capital raising for African tech firm on the Lusaka Securities Exchange.
Capital raising

Dot Com Zambia launches IPO from 27 Nov

(NOTE: This post is for news information only and does not constitute investment advice in any form) UPDATE: The Dot Com Zambia IPO closed a ...

Individual business leader in suit Haruna Jalo-Waziri, Managing Director and Chief Executive Officer of CSCS Nigeria T+2 settlelement, technology
Exchange news

Upgrading core tech driving Nigeria’s post-trade

TECH TUESDAY – Nigeria’s Central Securities Clearing System Plc (CSCS) has been upgrading its core technology system ahead of this week’s upgrade of the market ...

signs on the front of the NGX stock exchange building. T+2 settlement date
Exchange news

T+2 to transform Nigerian securities trading 28 November

The Nigerian capital market will be transformed this Friday, 28 November, as it moves to the settlement on the second business day after trading, T+2. ...