Tom Minney

Giant cranes dwarf containers on a giant project
Capital raising

SGTM builds Casablanca bourse after $548m share offer IPO was 34x over-subscribed

Construction company Société Générale des Travaux du Maroc (SGTM) is to list on the Bourse de Casablanca tomorrow, 16 December, after 34 times oversubscription for ...

City scape at night dominated by large Hassan II mosque, Casablanca, stock exchange reforms boost economy
Capital raising

Cash Plus soars 61% after IPO oversubscribed 65x

The share price of Moroccan fintech firm Cash Plus has soared 61% in five days of trading after it listed on the Bourse de Casablanca ...

top half of stock exchange announcement, Dot Com Zambia IPO initial public offering oversubscribed.
Capital raising

Dot Com Zambia IPO closed early after 114x oversubscription

FROM THE LUSAKA SECURITIES EXCHANGE MARKET UPDATE: DOT COM ZAMBIA PLC IPO SUCCESSFULLY SUBSCRIBED The Lusaka Securities Exchange (LuSE) wishes to advise the market that ...

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

UPDATE: Nigerian waste management company hybrid offer extended to 12 January

UPDATE 15 Dec: The Initiates Plc share offer has been extended from 12 December to 12 January, according to this announcement on the company’s website ...

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. ...

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. ...

Bank branch building illustrates Ethiopian architecture. National Bank of Ethiopia launches CSD and investor portal
Ethiopia

National Bank of Ethiopia officially launches CSD

Ethiopia’s central bank, the National Bank of Ethiopia, has officially launched the full-fledged version of its Central Securities Depository (CSD) system and unveiled a national ...

architectural designs on door of Hassan II mosque in Casablanca, illustrate new listings on Casablanca Stock Exchange
Capital raising

Cash Plus IPO in progress and 3 more listings in Casablanca

Morocco’s Bourse de Casablanca (Casablanca Stock Exchange) is dynamic for capital raising this year. Its first listing of the year was oversubscribed 64 times. Fintech ...

City scape at night dominated by large Hassan II mosque, Casablanca, stock exchange reforms boost economy
Capital raising

Structural reforms boost Morocco’s capital market in run up to World Cup

New listings highlight the success of a 10-year programme with the partners such as the World Bank, which has supported Morocco through the World Bank ...

Fruitbats hanging in trees illustrate sustainable and green finance in Rwanda
Bonds

Sustainable finance blooms in Rwanda

Rwanda is moving fast to become a green and sustainable finance hub for Africa. In coming weeks the Rwanda Stock Exchange (RSE) will launch a ...

banner with African tech titans and words, highlight the venture capital investment into Venture Partners Pan-African Fund II
Capital raising

Nigeria puts spotlight onto dynamic tech firms

The news spotlight is firmly back onto Africa’s high-flying technology scene this week, with the news that a venture fund backed by the Nigerian Government ...

Cloudy sky, mountain and tea plantations reflect soaring valuations for Malawi share prices
Exchange news

Soaring valuations for Malawi shares

Updated 3 November 2025 Malawi’s Stock Exchange has been soaring to high valuations, according to a report by stockbroker Cedar Capital which finds that at ...

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

Ethiopian Securities Exchange news roundup

The Ethiopian capital market continues to score new milestones Three more service providers The Ethiopian Capital Market Authority (ECMA) issued licences to 3 new Capital ...

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

Absa AFMI index shows reform helps in hard times

Two out of three African countries have not improved or slipped backwards in their ratings among the 29 countries scored in the 2025 edition of ...

Burundi to use LSEG technology to power its financial market. Photo shows aerial view of London square with London Stock Exchange building on the right
Exchange news

Burundi picks LSEG to modernize financial market

Burundi has selected the London Stock Exchange Group (LSEG) to help modernize the financial market. The central Banque de la République du Burundi (BRB) aims ...