Tom Minney

Capital raising

Ethiopian Securities Exchange news roundup

The Ethiopian capital market continues to score new milestones Three more service providers The Ethiopian Capital Market Authority (ECMA) issued licences to 3 new Capital ...

Climate

Absa AFMI index shows reform helps in hard times

Two out of three African countries have not improved or slipped backwards in their ratings among the 29 countries scored in the 2025 edition of ...

Exchange news

Burundi picks LSEG to modernize financial market

Burundi has selected the London Stock Exchange Group (LSEG) to help modernize the financial market. The central Banque de la République du Burundi (BRB) aims ...

Technology

FIX Africa Trading Conference 15 Oct

The FIX Trading Community across Africa is coming together on 15 October to compare notes and form alliances in order to have greater say in ...

Capital raising

Success with 5x oversubscription on Angola’s $241m IPO share offer

Angola’s stock exchange, the Bolsa de Dívida e Valores de Angola (Bodiva), scored a huge success with the successful outcome of its biggest initial public ...

Capital raising

25 September deadline for Angola’s biggest IPO – SEE NEWER STORY

Update: The offer closed successfully with 5x oversubscription and raised $241m for the 2 selling shareholders. See our updated story here. Investors have just two ...

Ethiopia

Trading report Ethiopia money market

The Ethiopian Securities Exchange (ESX) has published a first trading report for the interbank money market covering the week 30 June-4 July. The ESX provides ...

Ethiopia

Ethiopia opens to foreign banks

The National Bank of Ethiopia (NBE) issued a directive effective 25 June to allow international banks and foreign investors to apply for banking licences. This ...

Capital raising

Nigeria’s GTCO to list on London SE from 9 July

(NOTE: This news report is not legal advice or an official announcement. You are advised to check the official documentation. AfricanCapitalMarketsNews takes no responsibility for ...

Exchange news

Zimbabwe Stock Exchange self-lists on 9 July

The Zimbabwe Stock Exchange will list itself on the trading board on 9 July. The self-listing is of the holding company Zimbabwe Stock Exchange Holdings ...

Exchange news

African exchanges give soaraway returns to USD investors

Global investors have enjoyed top-notch returns by investing on many of the African stock exchanges over the first six months of 2025. Returns for investors ...

Ethiopia

First trade! Second listing! for Ethiopian Securities Exchange (ESX)

UPDATE 7 July: On 4 July Wegagen Capital also claimed credit for the first trade. Perhaps this is unsurprising, since there are so far only ...

Exchange news

National stock exchange launched in Somalia

The National Securities Exchange of Somalia (NSES) held its formal launch on 19 June 2025, according to this report on Xinhua. A coalition of local ...

Ethiopia

East Africa’s regional 20 share index

The National Securities Exchange of Somalia (NSES) is joining the Somali Stock Exchange as a member of the East African Securities Exchanges Association (EASEA), which ...

Exchange news

Umeme switched back on for trading on Uganda Securities Exchange

Trading resumed today (13 June) in the shares of Ugandan power distributor Umeme after the Ugandan Securities Exchange ended a suspension in trading the shares. ...

Cote d’Ivoire

New regional commodity exchanges launches in Abidjan

Côte d’Ivoire has launched its first agricultural commodities exchange, Bourse des Matières Premières Agricoles (BMPA CI). The exchange was officially launched in Abidjan on 28 May ...

Exchange news

Valterra listed on JSE and London SE as Anglo-American restructures

Valterra Platinum Limited has listed on the Johannesburg Stock Exchange on 28 May (share code VAL) and taken a secondary listing on the London Stock ...

Ethiopia

CBE Capital is second stockbroker on Ethiopian exchange

Ethiopia’s new securities exchange admitted its second trading member yesterday (4 June 2025). CBE Capital Investment Bank S.C. joined the Ethiopian Securities Exchange (ESX). So ...

Capital raising

Bonyan real estate EGX listing expected in June

Although no date has been given for the listing of Bonyan for Development and Trade on the Egyptian Exchange, the listing is anticipated for next ...

Ethiopia

IFC backs Ethiopia’s money market

The Ethiopian Securities Exchange (ESX) and the International Finance Corporation (IFC) on 16 May announced a strategic partnership to build up the Ethiopia money market. ...