Tom Minney

Exchange news

Nigerian Stock Exchange – who will be the next CEO?

Nigerian media has been writing about the succession of acclaimed Prof. Ndi Okereke-Onyiuke, set to withdraw as Director General and Chief Executive Officer of the ...

Capital raising

Rwanda makes $130 mln from privatisations

The sale of 56 enterprises has made at least Rwf 75 billion (US$131 million) for the Government of Rwanda, according to a report in the ...

Exchange news

African securities markets – shock move to integrated trading pool

Fears of the potential impact of IT disruption on African capital markets, combined with a long-running initiative to pool fragmented markets for more liquidity, led ...

Funds

Angola’s first private equity fund raises $28 mln

Angola’s first private equity fund has raised US$28 million in capital in its first closing, in an important step forward for the country’s capital markets. ...

Ethiopia

Bond market coming to Ethiopia, and experts review T-Bills

Ethiopia may soon have corporate bonds, paving the way to a bond market, according to a press conference last week by Prime Minister Meles Zenawi. ...

Funds

Private equity firm joins responsible investing

Private equity fund manager Aureos Capital (www.aureos.com) has signed up for a UN-backed globally recognized initiative to promote responsible investment. Aureos specializes in investing into ...

Exchange news

Angolan Stock Exchange “in next 12 months”

All the frameworks are in place for an Angolan stock exchange, and a first listing and official launch could be expected in the current year, ...

Exchange news

Mauritius introduces new instruments and lists funds as traders get active

Sunil Benimadhu, Chief Executive Officer of the Stock Exchange of Mauritius: The Mauritius market lost 50% in, as investors worried about the fallout of the ...

Exchange news

COSSE’s hub and spoke model

Sunil Benimadhu, Chief Executive Officer of the Stock Exchange of Mauritius: We have had lots of discussion on how to link different markets. Lots of ...

Exchange news

Angolan stock market within 12 months

Eduardo Vieira, President of Angolan stockbroker Novacao Corretora de Valores As the former minister has said, we strongly anticipate that there will be a stock ...

Exchange news

Kenya’s bond trading developing fast

Andre DeSimone, Kestrel Capital stockbroker, Nairobi The Nairobi capital market has seen a lot of volatility and many local institutions pulled out. At one point, ...

Kenya

Kenya’s mobile money system is “world’s most successful”

Kenya’s biggest mobile telecommunications company says it will continue to lead the market through its revolutionary mobile payment system M-PESA - already the world’s most ...

Other news

Commodities, internal markets and governance will drive Africa’s growth, say experts

Experts launching the 5th Annual Africa Investment Securities Africa said they could see more growth coming in the 2nd biggest continent.

Exchange news

LIVE FROM SECURITIES AFRICA/CITIGROUP CONFERENCE

We are blogging LIVE from the 5th Annual African Investment Conference, organized by stockbroker Securities Africa and Citigroup. This brings to London a lot of ...

Ethiopia

NSE to launch commodity exchange “by June”

The Nairobi Stock Exchange (www.nse.co.ke) has set mid-2010 as the target to launch a commodities exchange. It will be a joint effort by the National ...

Capital raising

Results of Uganda’s NIC privatisation share offer

Uganda's National Insurance Corporation (www.nic.co.ug), was oversubscribed after Uganda Shilling (UGX) 9.5 billion (US$4.6 million came in applications when Government offered its remaining 40% stake ...

Funds

Aureos Africa makes another $10 mln investment in Nigeria

The Aureos Africa Fund, which closed its fundraising in January with US$381 million, has completed a $10 mln investment in a leading Nigerian leasing company, ...

Exchange news

Botswana finished $722 mln bonds issuance

The Government of Botswana has ended its P5 billion (US$722 million) bond issuance programme with an oversubscribed auction by the Bank of Botswana last Friday, ...

Exchange news

Nairobi SE members approve demutualization

The members and directors of the Nairobi Stock Exchange (www.nse.co.ke) have approved the demutualization of the Nairobi Stock Exchange, subject to enactment of requisite ...

Other news

Upgraded website and African investing newsletter

The website www.africaniscool.com has been upgraded with a newsletter. According to CEO Rob Stangroom: “Our newsletter contains mostly original content and is targeted at investors, ...