Tom Minney

Capital raising

Nairobi Securities Exchange launches growth board for SMEs

This week the Nairobi Securities Exchange (NSE) has joined the rush into providing boards for small and medium enterprises (SMEs) with the launch on 22 ...

Capital raising

Egypt’s Nilex exchange for SMEs adds 23rd listing

The Egyptian Exchange (EGX) has approved the listing of the 23rd company on Nilex (the Nile Exchange, its securities market for listing growing medium and ...

Exchange news

Kenya steps up corporate governance

Kenya is stepping up corporate governance and the Capital Markets Authority has appointed a 9-member Capital Markets Corporate Governance Committee.

Capital raising

Good news for investors on London’s AIM mid-cap market

Fortunes improved for investors in companies on the London Stock Exchange’s Alternative Investment Market (AIM) market, according to a report by Deloitte examining listings and ...

Exchange news

Africa’s bourses should work together to channel investors

Africa's 24 stock markets should learn to work together better if they are to seize high levels of investor interest, said Nicky Newton-King, CEO of ...

Cote d’Ivoire

Cauris private equity books into West Africa hotel growth

A West Africa private equity fund, Fonds Cauris Croissance II, says it will invest 4 billion FCFA (XOF, equivalent to $8 million) in Azalaï Hotels ...

Egypt

Egypt aims for 800,000 jobs

The short-term challenge for the Egyptian Government is to mobilize domestic and foreign investment to create 800,000 jobs. This was the energizing call from Hesham ...

Exchange news

“There is a very fine line between Africa rising and Africa uprising”

Sunil Benimadhu, CEO of the Stock Exchange of Mauritius and re-elected President of the African Stock Exchanges Association (ASEA) told the opening session of the ...

Egypt

Live from Cairo, launch of African Stock Exchanges Association conference

Launch today (3 Dec) of the 16th annual conference of the African Stock Exchanges Association, hosted by The Egyptian Exchange (EGX). This is the great ...

Capital raising

Rise of pension giants set to transform investment in Africa

New giants are arising in African investments – the domestic pension funds. Several countries have funds worth billions of US dollars and in many they ...

Exchange news

IOSCO global regulator gives bigger role to emerging markets – 80% of its membership

The 86 emerging markets members of the world’s securities markets regulator, International Organization of Securities Commissions form 80% of IOSCO membership and are increasingly important ...

Other Countries

Strong demand for Tanzania T-Bills

Demand was strong for most Treasury bills in Tanzania at the last auction on 21 November, the average yield-to-maturity was 13.43% (up from 13.18% at ...

Capital raising

Umeme power company IPO share offer: UPDATE AND CORRECTION

The Initial Public Offer by power company Umeme closed on 7 November and results are expected before the listing on 30 November. Before the close, ...

Exchange news

Improving business climate is key challenge – Africa improves

The business environment is rising higher on the agenda of African governments and more progress is being made, but there are still major issues. Doing ...

Capital raising

Zimbabwe Stock Exchange set to pay off its suspended CEO

According to news reports, the Board of the Zimbabwe Stock Exchange is close to negotiating an exit package with CEO Emmanuel Munyukwi, who was suspended ...

Exchange news

Nigeria’s SEC pushes for privatization listings, stockbroker consolidation and NSE demutualization

Nigeria’s Securities and Exchange Commission hopes to boost liquidity on the Nigerian Stock Exchange by getting previously privatized enterprises to list their shares and is ...

Exchange news

JSE adds derivatives: grain specific to silos and more silver and platinum futures

South Africa’s JSE Ltd continues to expand its commodity derivatives range, adding silver and platinum “quanto futures” and it is helping South Africa's grain ...

Exchange news

Falling yields mark a boom in Nigeria’s bond market

Volumes are growing in Nigeria's bond market, boosted by inclusion in JP Morgan Government Bond Index-Emerging Markets (GBI-EM) from 1 October as Africa’s second entrant. ...

Exchange news

East Africa regulators seek more trades in cross-listed shares

Regulators in East Africa are seeking to boost liquidity by encouraging more trading in the dual-listed shares. The regional forum, the East African Securities Regulatory ...

Exchange news

Namibian SX has new CEO

A new CEO will start at the Namibian Stock Exchange on 1 January 2013. Sebby Kankondi, Chairman of the NSX, has announced that the Board ...