Tom Minney

Exchange news

Sudan’s Khartoum Stock Exchange launches electronic trading system

Sudan’s Khartoum Stock Exchange inaugurated its electronic trading system on 24 March, which is funded by the African Development Bank.

Exchange news

New bourse for African beef commodities

A new exchange will trade southern and eastern Africa’s agricultural commodities. African Beef Exchange, headquartered in Gaborone, Botswana, brings together trading of a wide range ...

Exchange news

Building African Financial Markets seminar

The 5th Building African Financial Markets (BAFM) capacity-building seminar is coming to the Nigerian Stock Exchange Event Centre in Lagos on 28-29 April, organized with ...

Exchange news

Exchange trends from World Exchange Congress 2016

Back to the "coffee shops" - exchanges' new roles in information, bringing together market participants. Trend highlights today at the World Exchanges Congress 2016.

Capital raising

Africa set for $3.1bn boom in IPOs

Law firm Baker & McKenzie forecasts that African initial public offers (IPOs) of shares will raise over $3.1 billion in 2016 with 15 IPOs in ...

Other news

Friday picture – Africa consumer spending growth

Africa's economic opportunity and fast growth to 2020 compared to other economic regions - shows where African securities exchanges could be heading

Funds

Will Interswitch be Africa’s first $1bn tech “unicorn”?

Nigeria’s digital payments and payment card giant Interswitch Ltd could become Africa’s first tech “unicorn” or technology company valued at over $1 billion. Private equity ...

Exchange news

Global community heading to World Exchange Congress 22-23 March

Momentum building ahead of the key event for the stock exchange community, the World Exchanges Congress, now in its 11th year and back in central ...

Exchange news

JSE Clear gets approval from European regulator ESMA

The JSE-owned derivative central counterparty (CCP) JSE Clear has been recognized by the European Securities and Markets Authority (ESMA).

Exchange news

NAMFISA becomes IOSCO associate member

The Namibia Financial Institutions Supervisory Authority (NAMFISA) has been accepted as an associate member of the International Organization of Securities Commissions (IOSCO).

Capital raising

Funding for African tech start-ups was $186m in 2015

Funding for start-up companies in the technology space was nearly $185.8 million in 2015, according to research by website portal isrupt Africa. More growth is ...

Capital raising

Rwanda Stock Exchange expects 3 share offers (IPOs)

The Rwanda Stock Exchange is expecting 3 IPOs in the coming months, to bring the equities listed for trading to 10.

Exchange news

African securities exchanges returns 2015 for USD investors

USD-based investors had a hard year in Africa in 2015. Out of all the African markets which list returns in USD, only the regional market ...

Capital raising

Mwalimu Bank shares soar as Dar es Salaam enterprise market gains momentum

The Enterprise Growth Market for small and medium size businesses is picking up momentum on the Dar es Salaam Stock Exchange and Mwalimu Commercial Bank ...

Exchange news

South Africa – politics affects the market, damaging savings and jobs

On 13 Dec the Johannesburg Stock Exchange JSE spelled out how the sacking of South Africa finance minister Nhlanhla Nene and market reactions to ...

Events

Local bond markets to fore at AfDB workshop

African Development Bank's African Financial Markets Initiative (AFMI) is discussing local-currency bond markets this week in Johannesburg with over 30 countries present to discuss domestic ...

Exchange news

African securities exchanges and their role in the future

Opening remarks of Oscar Onyema, CEO of Nigerian Stock Exchange and President of African Securities Exchanges Association's at the 2015 conference, hosted by Johannesburg Stock ...

Events

Africa’s securities exchanges summit next week

Africa’s securities exchanges gather for their flagship conference in Johannesburg from 15-17 November. The 19th African Securities Exchanges Association annual summit is hosted by Johannesburg ...

Exchange news

Soaring trading on Nigeria’s FMDQ market for fixed income and fx

Nigeria’s booming fixed interest and currency securities exchange FMDQ OTC Plc (“over-the-counter”) recorded market turnover of NGN93.9 trillion ($471.7 billion) for the 8 months to ...

Nigeria

IMF cuts African growth forecast

Africa’s growth is slowing dramatically, says the International Monetary Fund, and is likely to be 3.75% this year and 4.25% next year. It could ...