Tom Minney

Sign above a doorway, entrance to African stock exchange Victoria Falls Stock Exchange (VFEX)
Exchange news

Zimbabwe – a tale of two African stock exchanges

The Victoria Falls Stock Exchange (VFEX) is positioning itself as a gateway to international capital entering Zimbabwe and other southern African markets. Will it take ...

Big modern building on street in Casablanca, Morocco. The headquarters of the Casablanca Stock exchange.
Exchange news

Morocco launched futures market and derivatives clearing

Morocco has officially launched its futures market and clearing house on 6 April 2026, after more than 10 years of preparation. All key stakeholders, the ...

Women truck drivers at the all-women Ladybird Logistics to illustrate the successful share offer capital raise by ZEN Petroleum on the Ghana Stock Exchange
Capital raising

ZEN Petroleum crowns successful first week on Ghana Stock Exchange

Leading local energy company ZEN Petroleum Holdings PLC has listed and started trading on the Ghana Stock Exchange (GSE) after raising GHS 640 million ($57.2m) ...

Three men on a stage holding up a certificate Celebrating the listing of Awash Bank SC on the ESX.
Ethiopia

Ethiopia’s biggest private bank lists on exchange

Ethiopia’s largest private bank Awash Bank S.C. has listed on the Ethiopian Securities Exchange (ESX) Main Board, offering its 12,143 shareholders the chance to trade ...

Five Ethiopian business people on a stage
Capital raising

Listings pipeline and other Ethiopian market news

Here is a roundup of some headlines of the Ethiopian capital market from recent weeks: Progress on listings Six banks are working towards getting their ...

Sun shines over the Ogaden basin in Ethiopia and a giant plant to produce liquefied natural gas (LNG)
Ethiopia

Ethiopia’s short-term Hormuz pain, long-term gas, oil and urea hopes

Effect of Hormuz How badly does the US-Israeli war on Iran affect Ethiopia’s economy, which still depends heavily on imported fuel coming through the closed ...

Flyer for African Capital Markets Investment Conference (ACMIC) 2026 in London
Events

Presenting African stock exchanges and investment opportunities

There is an amazing line-up of speakers at the African Capital Markets Investment Conference (ACMIC) 2026 next week in London from 15 – 17 April. ...

A fuel tank at the Dangote oil refinery near Lagos, Nigeria, Illustrates story on $5bn IPO capital raise by offering shares on Nigerian Exchange (NGX)
Capital raising

Dangote Refinery to be Africa’s biggest IPO

UPDATE 14 APRIL: Bloomberg has published an interview with Frank Mwiti, CEO of the Nairobi Securities Exchange, confirming that Dangote is aiming for a revolutionary ...

Overview of men and women at trading desks. Egyptian Exchange EGX boosted by IPO share offer
Capital raising

Egypt’s EGX: Gourmet Foods lists, 7 more listings expected

Premium grocer Gourmet Egypt.com Foods S.A.E. (EGX:GOUR) listed on the Egyptian Exchange (EGX) on 10 February, following an initial public offering (IPO) of shares combined ...

Mobile phone screens highlight the launch of Ziidi trader mobile app on M-PESA to access share trading on the Nairobi Securities Exchange.
Exchange news

Retail revolution on Nairobi Exchange

The number of equity trades every day has been doubling or tripling on the Nairobi Securities Exchange after Safaricom launched its retail-focused Ziidi trading platform. ...

Banner for conference, blue. Standard Bank conference to encourage deepening Africa's capital markets.
Events

Standard Bank says ambition to action

Standard Bank Corporate and Investment Banking is organizing the 2nd African Markets Conference (AMC26) in Cape Town and available by livestreaming. The theme is “mobilising ...

two workers adults in front of giant oil tanks. Kenya Pipeline Company capital raising share offer IPO on Nairobi Securities Exchange
Uncategorized

Kenya Pipeline $825m IPO closes 19 Feb – UPDATE EXTENDED TO 24 FEB

UPDATE 20/2/26 – The share offer has been extended by 3 days and will close on 24 February. Reuters news reports that the Capital Markets ...

People loading plants in pots. BGFI bank is raising capital via IPO on the BVMAC exchange.
Capital raising

Two IPOs transforming central Africa’s BVMAC exchange

Two initial public offerings (IPOs) to raise capital could be about to transform the Bourse des Valeurs Mobilières de l’Afrique Centrale (BVMAC), based in Douala. ...

signs on the front of the NGX stock exchange building. Market soars as investors chase share price gains of Nigeria's economic reforms
Exchange news

President Tinubu hails Nigerian Exchange NGN 100 trillion market cap milestone

The Nigerian Exchange has continued its strong growth this year, and on 5 January passed a milestone market capitalization of NGN 100 trillion to close ...

Man in front of banner announcing 30 year anniversary of Dashen Bank ahead of capital raise and share offer.
Capital raising

Dashen Bank offers shares ahead of listing on Ethiopian Securities Exchange

UPDATE 15 May 2026: There have been announcements since this post. Ethiopian Business Review reported on Facebook in February) that after the offer to existing ...

View of Nairobi cityscape. Kenyan Government plans share sales and IPO.
Capital raising

Kenya’s new infrastructure and sovereign wealth funds to be funded by share sales

Kenya is to launch a national infrastructure fund and a sovereign wealth fund, approved by the Cabinet on 15 December. The funds will be capitalized ...

Group of men in suits celebrate IPO and listing of Fist Atlantic Bank on Ghana Stock Exchange.
Capital raising

First Atlantic Bank listed in Ghana after oversubscribed IPO

Ghana’s First Atlantic Bank PLC (FAB) listed for trading on the Ghana Stock Exchange (GSE) on 19 December, after an oversubscribed initial public offering (IPO). ...

Many planes lined up on runway, illustrates innovative financing for Ethiopia new airport
Capital raising

Ethiopia secures $4.8bn in pledges for mega-airport

Ethiopia’s Finance Minister Ahmed Shide has announced $4.8bn is pledged towards a giant $12.5bn Bishoftu International Airport to be built near Abusera, 40 km South ...

Giant cranes dwarf containers on a giant project
Capital raising

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

Update 18 December: SGTM listed as the 80th company on the Bourse de Casablanca on 16 December. According to the press release “This operation thus ...

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