Tom Minney

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 ...

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 ...

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. ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

Capital raising

Africa investment meet gathers $1trn investors

The tenth edition of what is probably the biggest investment conference for Africa brought together entrepreneurs and business opportunities with more than 1,200 delegates, over ...

Cote d’Ivoire

WAEMU fixed income trading platform tender extended

The call for tenders for an electronic trading platform for fixed income securities in the West African Monetary Union (WAMU) has been extended until 31 ...

Exchange news

Botswana Stock Exchange full member of WFE

Botswana Stock Exchange (BSE) says its admission as a full member of the World Federation of Exchanges (WFE), the global industry association of exchanges and ...