Exchange news

Exchange news

Small African stock exchanges are likely to stay small

Africa's stock exchanges have too few listings and too little trading, and regionalization may be one way to grow, argues The Economist magazine.

Capital raising

Africa IPO round-up

Roundup of some recent initial public offers (IPOs) of shares which raised capital for businesses listed on Africa's stock exchanges.

Exchange news

SADC stockbrokers linking for cross-border investment

Stockbroking firms across Southern Africa are invited for a network session on 7 December 2016 to learn more about investment opportunities in neighbouring capital ...

Exchange news

New South African stock exchange ZAR X to start 3 October

Trading is to start on South Africa’s new ZAR X securities exchange on 3 October. It gained a licence on 2 September and the first ...

Exchange news

About 4AX – new South African securities exchange

South Africa's second new exchange, which also got a licence according to the 2 September announcement by the Financial Services Board (FSB), is 4AX, also ...

Exchange news

BRVM bourse aims for specialist mining shares platform

West Africa's Bourse Regionale des Valeurs Mobilieres (BRVM), based in Abidjan, is talking to Toronto Stock Exchange and aims to have a dedicated section for ...

Exchange news

Opinion: Steps for regional integration of capital markets

Can regional integration work for Africa's capital markets and securities exchanges?

Exchange news

Ethos Capital PE lists after R1.8bn oversubscribed private placement

Ethos Capital listed on South Africa’s JSE on 5 August after R1.8 bn ($131m) oversubscribed private placement creates liquid vehicle for private equity investors.

Events

Rwanda to host 20th African Securities Association conference on 27-29 November

Rwanda Stock Exchange (RSE) and the African Securities Exchanges Association (ASEA) will host the 20th Annual ASEA Conference in Kigali, Rwanda on 27-29 November, ...

Exchange news

AfDB and stock exchanges group ASEA sign MoU for capital markets projects

The African Development Bank (AfDB) and the African Securities Exchanges Association (ASEA) signed an MoU to deepen and connect Africa’s financial markets and mobilize more ...

Capital raising

Korea Exchange success story with SMEs

The Korean Exchange (KRX) has grown to be the world’s third biggest stock exchange for listing and trading SMEs by creating a virtuous cycle ...

Exchange news

Dar Stock Exchange shares double on first day of listing in hectic trading

Trading has been fast and furious in the shares of Dar es Salaam Stock Exchange PLC, which self-listed at 9am on 12 July. The first ...

Capital raising

Dar es Salaam Stock Exchange IPO nearly 5x oversubscribed

Total bids for the initial public offer (IPO) of shares in the Dar es Salaam Stock Exchange PLC was TZS35.8bn ($16.4m). This is 4.8 times ...

Exchange news

JSE switches to T+3 on 11 July

The Johannesburg Stock Exchange is switching to a shorter T+3 settlement cycle for the equity market from 11 July. Currently it works on T+5.

Capital raising

BRVM securities exchange strategy dialogue with US frontier funds

In New York 30 US frontier investors, stockbrokers and market specialists joined Edoh Kossi Amenounve, CEO of the West African regional exchange BRVM, to give ...

Exchange news

DFIs hunt long-term gains in African financial services

Development finance institutions (DFIs) have made $6.5bn of investments in African financial institutions. They see long-term opportunities for gains and to catalyze development.

Exchange news

First graduate course for capital markets professionals

Capital markets practitioners across Africa benefit from a graduate-level programme launched 3 May by the IFC, Milken Institute and George Washington University.

Capital raising

Dar es Salaam Stock Exchange readies for $3.4m IPO and self-listing

The Dar es Salaam Stock Exchange Plc will launch its initial public offer soon, after completing the demutualization. The Capital Markets and Securities Authority, said ...

Exchange news

IFC raises N$180m bond in Namibia

The International Finance Corporation continues its programme of helping develop African debt markets by launching the first bond by a non-resident issuer in Namibia. It ...

Exchange news

Sudan’s Khartoum Stock Exchange launches electronic trading system

Sudan’s Khartoum Stock Exchange inaugurated its electronic trading system on 24 March, which is funded by the African Development Bank.