Tom Minney

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 ...

Cote d’Ivoire

Cross-exchange trading between Ghana and Nigeria stock exchanges

Brokers on the Ghana and Nigerian Stock Exchanges in July achieved a first cross border securities trade under the stage "sponsored access" of West Africa's ...

Ethiopia

Ethiopian Commodity Exchange gets online trading platform

The Ethiopian Commodity Exchange (ECX) has unveiled an online trading platform, eTRADE, that has capacity for nearly 5,000 times more transactions than its current "open ...

Exchange news

Namibia’s stockbrokers switch to IRESS to access NSX

All 4 Namibian stockbrokers have switched their front-end links into the local bourse to the trading solutions supplied by IRESS, a leading global supplier of ...

Exchange news

Kenya’s revolutionary mobile phone M-Akiba bond on 21 Oct

Kenya’s National Treasury will float a KES5 billion ($48.6 million) M-Akiba 5-year infrastructure bond on 21 Oct which will only be purchased through mobile-phone platforms. ...

Exchange news

Update 2 – Zimbabwe Stock Exchange automation successful

The Zimbabwe Stock Exchange started using its automated trading system (ATS) successfully on 6 July with rising volumes. It is a long-awaited change as the ...

Exchange news

UPDATE – Zimbabwe Stock Exchange delays automated trading

The Zimbabwe Stock Exchange (ZSE) has announced that it did not launch electronic trading today as planned and this has been delayed indefinitely.

Exchange news

Zimbabwe Stock Exchange launches electronic trading 3 July

Electronic share trading is to go live today, 3 July, at the Zimbabwe Stock Exchange. There are new trading hours and only dematerialized securities can ...

Capital raising

Dar es Salaam Stock Exchange aims for IPO and self listing Q1 2016

The Dar es Salaam Stock Exchange (DSE) aims for an IPO in 6 months followed by listing and calls for lead transaction advisor, stockbroker and ...

Exchange news

London Stock Exchange allowed to give Hong Kong brokers direct access

The London Stock Exchange has a licence from Hong Kong Securities and Futures Commission so Hong Kong stockbrokers can join as direct members and trade ...

Other news

Africa Progress Panel urges triple energy win – for people, power and planet

Kofi Annan’s Africa Progress Panel today (5 Jun) issues its report Power, People, Planet: Seizing Africa’s Energy and Climate Opportunities with a crucial message for ...

Other news

Announcing the winners – African Banker Awards

Congratulations to the winners of the 2015 African Banker Awards, Morocco’s Groupe Banque Populaire triumphs as 2015 African Bank of the Year and Ghana’s Albert ...

Other news

Launch of Africa Progress Panel report 5 June

Africa Progress Panel ground-breaking report coming on 5 June on fighting energy poverty, the effects and future of climate change, and Africa's vast sustainable ...

Funds

Putting aside billions – Africa’s sovereign wealth funds

Sovereign wealth funds are sprouting across Africa – 15 countries have created funds in the last 20 years, managing a total of $159bn at the ...

Funds

Annex 2 – What are sovereign wealth funds?

The Sovereign Wealth Fund Institute of Las Vegas, USA defines SWF as “a state-owned investment fund or entity that is commonly established from balance of ...

Exchange news

Botswana supermarket raising $48m in JSE dual-listing

Botswana supermarket chain Choppies Enterprises launches a roadshow to raise $48m and dual-list shares on the main board of JSE securities exchange on 27 ...

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