Tom Minney

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 ...

Capital raising

Telco Orange rings up last share listing of 2022

The Bourse Régionale des Valeurs Mobilières (BRVM) regional exchange saw out the old year by listing the shares of telephone company Orange Côte d’Ivoire on ...

Events

Are Africa’s stock exchanges lagging?

African capital markets are falling behind the growth of global markets. African markets have 1.4% of global market capitalization and the share is falling, says ...

Cote d’Ivoire

African exchanges link AELP demonstrates share trades

The cross-border trading platform linking seven of Africa’s leading securities exchanges was launched yesterday 7 December in Abidjan. The link gives access to over 1,000 ...

Ethiopia

Ethiopia has one of Africa’s biggest sovereign wealth funds

The Ethiopian Government has transferred 27 state-owned enterprises to a new $38bn sovereign wealth fund, including some of Africa’s biggest and most successful companies such ...

Ethiopia

Progress towards Ethiopia’s Stock Exchange

At least 50 companies are expected to list when Ethiopia’s stock exchange launches. The country’s new $38bn sovereign wealth fund Ethiopia Investment Holdings (EIH) is ...

Cote d’Ivoire

African Exchanges Link platform goes live today

A cross-border order-routing platform linking seven leading African securities exchanges has gone live today, 18 November. The African Exchanges Linkage Project (AELP) technology allows 33 ...

Events

AFSIC 2022 conference report

The AFSIC 2022 conference in London featured 1,258 delegates (nearly 600 from Africa, 659 from the rest of the world) and 341 speakers across two ...

Capital raising

Banco BAI raised $94m in Angola’s first IPO

Equity trading has started on Angola’s BODIVA stock exchange eight years after it opened. The biggest private bank, Banco BAI, held an oversubscribed public offer ...

Other news

Africa’s transition to renewable energy – the inside story

Some 600m Africans need urgent access to electricity, and resources to finance this are scarce. This fuels the debate on whether Africa – where some ...

Exchange news

Stock Exchange of Mauritius new trading system launches this week

The new Automated Trading System (ATS) of the Stock Exchange of Mauritius (SEM) is set to “go live” on 13 May 2022. Securities and Trading ...

Capital raising

$150m conservation bond to boost rhino romances

Rhino romances in South Africa’s parks could provide a 9% boost to international bond holders’ returns in a first-of-its-kind conservation bond ...

Exchange news

London Stock Exchange bid to trade digital assets

The London Stock Exchange Group took a big step towards boosting its capacity for trading digital assets. LSEG announced on 22 February it had agreed ...

Capital raising

Opening Coca Cola’s $8.1bn IPO plan

Coca-Cola could aim for €7bn ($8.1bn) when it lists its African bottling operations with an initial public offering (IPO) of shares before listing on Euronext ...

Egypt

First Abu Dhabi Bank bids for $1.2bn EFG Hermes

First Abu Dhabi Bank (FAB) has launched a bid for Egypt’s biggest investment bank EFG Hermes that values it at EGP 18.5 bn ($1.18bn). EFG ...

Exchange news

Nigeria central counterparty clearing for securities door to safer future

Nigeria has launched the first central counterparty (CCP) clearing system for securities trades in West Africa. This paves the way for exchange-traded derivatives. NG Clearing ...

Egypt

Clampdown on social media to manipulate share prices

Regulators are stepping in to help Egyptian securities investors deluged via social media with share tips and information that could be market manipulation. In the ...