Tom Minney

Exchange news

Nairobi SE readvertises for IT system for stockbroker back offices

The Nairobi Stock Exchange (NSE) has readvertised its request for IT vendors to express their interest in providing a Broker Back Office (BBO) system to ...

Exchange news

Bill to regulate Rwanda’s capital market

A bill to regulate the capital markets and collective investment schemes was tabled in the Rwandan Parliament last week.

Exchange news

JSE trades gold, platinum and crude oil futures contracts

South Africa’s securities exchange, the JSE Ltd (www.jse.co.za), is offering trading in gold, platinum and sweet crude oil futures contracts on its commodities derivatives ...

Kenya

African bonds roundup

Absa Capital, the investment banking arm of Absa Group, plans to work in a range of African debt markets, particularly in countries where Barclays Bank ...

Exchange news

Kenya’s CMA protects shareholders

Kenya’s Capital Markets Authority is giving limited refunds to people who lost money with stockbroker Nyagah Securities which collapsed in 2008 and it has set ...

Exchange news

Bond issues for PTA Bank and Nigeria’s UBA Bank

New bond issues are springing across Africa, including Kenya’s Kengen issue for more power generation which closed on 29 September, and bank issues in Nigeria ...

Other news

Orders for AfDB bond top $1.5 billion

The African Development Bank on 30 September reported orders for over US$1.5 billion for its recent $1 bln benchmark global bond issue in the international ...

Uncategorized

Launch of Global Impact Investing Network

The Global Impact Investing Network was launched on 25 September. It is a not-for-profit organization dedicated to building infrastructure, activities, education, and research to enable ...

Ethiopia

Ethiopian Commodity Exchange to help finance agricultural trade

Traders on the Ethiopian Commodity Exchange will be able to use their stocks to access bank finance, according to a scheme launched with the International ...

Exchange news

Kenyan private equity firm trades “Over The Counter”

A leading Kenyan stockbroker says local investment company TransCentury already trades "Over The Counter" and plans to list its shares for trading on a stock ...

Other news

African Development Bank wants more funds for African recovery

The African Development Bank Group (www.afdb.org) is urging the G-20 Summit to increase its resources, to help Africa recover. Meanwhile IFR Markets news service says ...

Capital raising

Private equity $25 mln for East African media and telecoms

Emerging Capital Partners (ECP) announced on 22 September it has committed $25 million to Wananchi Group Holdings

Exchange news

The best of African capital markets awarded

The brightest and best of Africa’s capital markets were highlighted in New York on 21 September at an awards dinner.

Exchange news

Best of African Capital Markets: 2009 Africa investor Index Series Awards Winners

The winners of the Africa investor Index Series Awards

Capital raising

Top African venture capital meeting (AVCA) coming to Cairo

Private equity and venture capital opportunities in Africa, billed “the world’s fastest-growing continent”, are on the agenda of the African Venture Capital Association (AVCA) 8th ...

Capital raising

$8 bn for African ICT

US$8 billion was invested in developing Information and Communications Technology (ICT) in Africa in 2008, according to the Secretary-General of International Telecommunications Union (ITU).

Exchange news

Innovation and trading boom on Africa’s biggest exchange

Trading soared 31% in number of deals on the JSE Ltd (South Africa's Johannesburg Stock Exchange) and the merger with teh Bond Exchange of South ...

Exchange news

Regulators seek to restore confidence in battered Nigerian capital market

Regulators and players in the Nigerian capital markets hope recent actions against five banks will restore confidence in the market, but it looks as if ...

Other Countries

Chinese back Africa expansion with $1bn loan to SA’s Standard Bank

Cash-rich Chinese banks continue taking ground in Africa, with the announcement on 11 September that South Africa's Standard Bank has a US$1 billion loan facility ...

Exchange news

Electronic trading in Uganda another step to East African market

The Uganda Securities Exchange (www.use.or.ug) is set to introduce electronic trading before the end of 2009 and an East African common stock market to be ...