Exchange news

Capital raising

Nairobi Securities Exchange plans to offer 38% of shares in June IPO

The Nairobi Securities Exchange is pushing ahead fast with its demutualization plans and will sell up to a 38% stake in an initial public offering ...

Capital raising

Top legal conference focuses on Africa infrastructure and natural resources deals

International Financial Law Review (IFLR) Africa Forum on 20 May to focus on innovative financing and M&A for resource and infrastructure investment.

Capital raising

Nairobi Securities Exchange scores megaprofits and heads for own IPO and listing

The Nairobi Securities Exchange passed key resolutions to take its demutualization into final stages, after scoring record profits for the financial year to 31 Dec ...

Exchange news

Dar es Salaam Stock Exchange switches technology provider

The battle for stock exchange technology in Africa heats as Dar es Salaam Stock Exchange switches its trading, clearing and settlement to South Africa’s Securities ...

Exchange news

Algiers stock exchange signs MoU with NYSE Euronext Paris

The Algiers Stock Exchange (SGBV) is working with Euronext Paris to boost the market through cooperation under a recent Memorandum of Understanding (MoU).

Capital raising

The Africa Report food for thought on the “great game” in East Africa

An intriguing article just published by The Africa Report highlights the potential of the East African region, where the economy is forecast to grow 18-fold ...

Ethiopia

Nairobi Securities Exchange invites Ethiopian firms to list

Kenya has invited Ethiopian companies to list on the Nairobi Securities Exchange in a ground-breaking move that would let them raise capital and trade their ...

Exchange news

New commodity exchange to transform Ghana’s agriculture

A public-private partnership consortium, including the Government of Ghana (as minority), local and international investors, aim to finalize fund-raising for a new Ghana Commodity Exchange ...

Capital raising

Nigeria’s Abuja Commodity Exchange set for privatization

The Nigerian Government plans to privatize the Abuja Securities and Commodities Exchange by mid-2014, according to Arunma Oteh, Director General of Nigeria’s Securities and Exchange ...

Events

Free masterclass in funding sources for capital markets development (9-10 April)

Two leading securities exchange experts are offering a free masterclass in funding sources for capital markets development in New York on 9-10 April. They will ...

Overview of men and women at trading desks. Egyptian Exchange EGX boosted by IPO share offer
Capital raising

EFG Hermes says 3 IPOs coming to Egyptian Exchange this year

Three new initial public offer (IPO) share flotations with a total value of over $300m are planned for the Egyptian Exchange this year, says bank ...

Exchange news

Dar es Salaam Stock Exchange chief opens trading on the London Stock Exchange

The CEO of Tanzania’s Dar es Salaam Stock Exchange opened trading on the London Stock Exchange on 27 Jan alongside UK Secretary of State for ...

Exchange news

Dar es Salaam Stock Exchange boosts operations and incomes

The Dar es Salaam Stock Exchange made operational improvements in 2013 including doubling trading hours, reducing settlement times on equities and bonds and introducing a ...

Exchange news

Nigerian Stock Exchange seeks advisors for demutualization

The Nigerian Stock Exchange is looking for external advisers to drive its demutualization process.

Egypt

Bond trading coming to Egyptian Exchange, listing regulations eased

A bond-trading platform could be launched on the Egyptian Exchange (EGX) in Q2 of 2014, after 10 years of planning, and the regulator (Egyptian Financial ...

Cote d’Ivoire

Top performances for USD investors at Africa’s stock exchanges

Malawi came out as Africa’s top-performing exchange to USD-based investors over 2013 with a strong 62.4% return. Eight out of 13 African exchanges beat the ...

Capital raising

Tunis Stock Exchange IPO is largest listing

The listing of Société d’Articles Hygiéniques (SAH), on the Tunis Stock Exchange on 9 Jan after a private placement and an oversubscribed initial public offer ...

Exchange news

Foreign inflows soar on Zimbabwe Stock Exchange

Foreign inflows on the Zimbabwe Stock Exchange rose by nearly 40% in 2013, with more coming in the second half. However, capital-raising plummeted compared to ...

Exchange news

Zimbabwe Stock Exchange – top-performing shares 2013

The main index of the Zimbabwe Stock Exchange climbed 31%, writes Ryan Hoover, as part of the reviews of top-performing African stock exchanges, check his ...

Cote d’Ivoire

Africa’s securities exchanges and their part in Africa’s future

The challenges facing Africa's securities exchanges to become an integral part of the continent's economic transformation also provide a good agenda for action in ...