Tom Minney

Bonds

Burkina Faso lists $217m of sovereign bonds

The Government of Burkina Faso successfully listed two sovereign bonds on the regional stock exchange Bourse Régionale des Valeurs Mobilières (BRVM) yesterday (10 September), raising ...

View of Freetown, Sierra Leone, where the first corporate bond has been used for capital raising for microfinance.
Bonds

Corporate bond boosts Sierra Leone capital market

Sierra Leone’s nascent capital market saw the successful issue of a first corporate bond. Local microfinance institution LAPO (Lift Above Poverty Organisation) SL raised SLE ...

Business and capital markets leaders in Rwanda watch Mahwi Grain Millers chairperson ring the bell for listing the corporate bond for trading on the Rwanda Stock Exchange after raising capital.
Bonds

Mahwi Grain Millers lists corporate bond in Rwanda today

Industrial company Mahwi Grain Millers Plc has today (2 September 2024) listed its first corporate bond on the Rwanda Stock Exchange (RSE). The first RWF ...

Live share trading order routing in Africa with live trading screen
Exchange news

Uganda joins African exchanges link

The Uganda Securities Exchange (USE) has become the tenth African securities exchange to join the African Exchanges Linkage Project (AELP). The linkage platform enables stockbrokers ...

blurry figures in front of blockchain graphic. ASX Australian Stock Exchange blockchain capital markets infrastructure fail
Exchange news

Australia’s failed blockchain project for capital markets infrastructure

A world-leading bid effort to use blockchain technology to upgrade key capital markets infrastructure ended when ASX Ltd (the Australian Stock Exchange) paused the project ...

Nairobi City scenery, home of some of Africa's private equity fund exits
Private equity

Funds Friday: How do African private equity funds exit?

For private equity and venture capital investors into African businesses, getting out of the investment with a good return is one of the key challenges. ...

Mosi Oa Tunya waterfall, liquidity in Africa's bond capital markets
Bonds

New bond index may cut Africa debt costs

A ground-breaking effort to improve cost of credit for African borrowers, including governments, got a boost with the recent launch of the iBoxx LSF USD ...

Rainbow Chicken celebrates listing shares for trading on JSE stock exchange.
Capital raising

Rainbow Chicken flies on JSE

Rainbow Chicken, one of South Africa’s biggest poultry producers, has listed on the Johannesburg Stock Exchange as part of the unbundling of a conglomerate, The ...

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

3 Nigerian banks raise $0.5bn capital through share issues

Nigeria’s top banks are raising over $550m on the Nigerian Exchange (NGX) in order to expand at home and abroad. They also plan to transform ...

People on balcony at London Stock Exchange applaud cross-listing of sustainability bond.
Bonds

NMB Bank sustainability bonds raise $ millions on global markets

Tanzania’s NMB Bank PLC continues its success in pioneering impact investing in East Africa with a sustainability bond cross-listed on the London and Luxembourg stock ...

Cilo Cybin cannabis investment SPAC lists on Johannesburg Stock Exchange.
Capital raising

Cannabis SPAC lists on JSE AltX

An investment company with a focus on cannabis and biotechnology is a new listing on the Johannesburg Stock Exchange (JSE) growth and innovation board. Cilo ...

Nairobi City scenery, home of some of Africa's private equity fund exits
Exchange news

Bond trading rivals for Nairobi Securities Exchange

The Central Bank of Kenya‘s DhowCSD, a digital government bond trading platform, has reached a milestone of 80,000 investors, according to a report in Business ...

Ethiopian Stock Exchange capital raise shares Addis Ababa
Capital raising

Fast progress at Ethiopian Securities Exchange

The Ethiopian Securities Exchange (ESX) is pushing forwards towards its launch and aims to launch secondary trading in bonds, equities and money market instruments in ...

Cote d’Ivoire

West Africa’s BRVM on the road 7-8 May

The BRVM Investment Days roadshow is back in Johannesburg for two days from tomorrow (7-8 May). The highly successful West African regional exchange is organizing ...

Nigeria detains Binance executives in cryptocurrency crackdown
Nigeria

Nigeria detains global executives in war on crypto

Nigeria has declared war on leading global cryptocurrency exchanges. On 26 February it detained two top international executives of Binance after they flew in for ...

Listing of Transcorp Power on NGX Nigerian Stock Exchange
Capital raising

$1.2bn power listing lights up Nigerian exchange

A power generator energized the Nigerian exchange with a NGN 1.8 trillion ($1.16 billion) boost to market capitalization, after listing 7.5 bn shares yesterday (4 ...

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

Electronic trading system for new Ethiopian Securities Exchange

The tenders are open for the automated trading system and broker back office systems for the Ethiopian Securities Exchange (ESX) and for the market surveillance ...

news of african financial markets, capital markets development
Egypt

How good are Africa’s financial markets?

Africa’s financial markets continue to progress and have demonstrated growing financial resilience in 2023, despite a challenging environment. Below we interview Jeff Gable, Absa Group’s ...

Namibian Stock Exchange go live with Automated Trading System for bonds
Exchange news

Bond trading system for Namibian bonds

Bond trading in Namibia by banks and stockbrokers is expected to grow after the Namibian Stock Exchange (NSX) announced the successful “go-live” of a new ...

Private debt fund raises $156m to invest into African businesses and SMEs.
Capital raising

BluePeak private debt fund raises $156m

A fund offering private debt finance to growing African businesses has announced a final close at $156 million.  BluePeak Private Capital Fund SCSp is an ...