Exchange news

Egypt

Rencap has expansion plans

Renaissance Capital (www.rencap.com/eng), the Russian emerging-markets bank with operations in Africa, plans to expand next year into Egypt and at least 3 other African countries, ...

Exchange news

Ecobank launches capital markets and investment banking arm

Ecobank, a leading Pan-African banking group, has launched Ecobank Capital, its new capital markets and investment banking arm.

Exchange news

Casablanca Stock Exchange – some background

One of Africa’s biggest and most active stock exchanges is Morocco’s Casablanca Stock Exchange, set up as a joint stock company with a Supervisory Board ...

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Rwanda’s capital markets progress – bill in Parliament, IPO coming “this year”

High on the agenda of Rwanda’s Parliamentary Standing Committee on Economy is the bill to regulate the capital market, which has been in Parliament for ...

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Kenya’s central depository aims to expand

Kenya's Central Depository and Settlement Corporation continues to expand outside the borders of Kenya, buoyed from its 2008 triumph with the region’s biggest initial public ...

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More from Africa investor awards

Other Africa investor Index Series Awards 2010 announced on 20 September included listed companies, socially responsible companies, most innovative capital markets regulator, best stockbroker, best ...

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Ghana awarded “most innovative” African stock exchange

The Ghana Stock Exchange has announced that it was awarded the prize as “Most Innovative African Stock Exchange for 2010” at the Africa investor annual ...

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“South Africa is best regulated securities exchanges in the world” WEF Competiveness Report

South Africa is ranked 1st out of 139 countries for its regulation of securities exchanges, according to the latest World Economic Forum Competiveness Report 2010-2011. ...

Exchange news

Net inflow to African funds $660 million in past 12 months – EPFR

Cash has flowed into African equity funds in 51 of the past 52 weeks, according to a report on newsagency Reuters, citing Washington-based EPFR Global, ...

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Waiting for Nairobi SE demutualization

Stakeholders in the Kenyan capital market are still waiting for changes to the Capital Markets Act to allow demutualization of the Nairobi Stock Exchange. According ...

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Nigerian SE to boost market cap by 37% if it lists Dangote Cement

Nigeria’s biggest cement producer has been approved for listing on the Nigerian Stock Exchange, and is expected to boost market capitalization by 37% in the ...

Exchange news

Nigerian SE may be privatised

The Nigerian Stock Exchange could be demutualized and foreign exchanges may be invited to invest, accroding to Ms Arunma Oteh, Director General of the Securities ...

Exchange news

Rwanda regulator approves cross-listing of Nation Media

Rwanda’s capital market regulator told Bloomberg newsagency on 7 September that it had approved the cross listing of shares in Nation Media Group Ltd., and ...

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Ghana SE to set up small business market

The Ghana Stock Exchange is to establish a separate market so that smaller businesses can raise capital for expansion

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Africa investor conference, New York, 17 September

Africa investor is holding its annual Index Series conference at the New York Stock Exchange on 17 September. The aim is to bring African CEOs ...

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Volatility boosts JSE first half year results

After a strong first half performance, the JSE Limited, which operates the Johannesburg Stock Exchange, is making 2010 a year of consolidation. Africa’s biggest exchange ...

Exchange news

For capital markets managers – how the JSE gets its revenues

For full details, the interim results for the first half year to June 2010 are published on the JSE website. A recent JSE press release ...

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Swaziland issues first 3-year Government debt, raises $34 million

The Central Bank of Swaziland on 27 August sold the first longer-term Government bonds to raise money for development projects. It plans further sales this ...

Exchange news

SEC clamps down on Nigerian Stock Exchange, sacks DG and orders President to stop acting

The Securities and Exchange Commission has moved in hard on the Nigerian Stock Exchange on 4 August, ordering the Director-General to leave her post and ...

Exchange news

Phosphate miner is 63rd listing on Namibian Stock Exchange

Australia's Minemakers Limited on 27 July became the 63rd company to list on the Namibian Stock Exchange when it joined the Development Capital Board (DevX). ...