Other Countries

Exchange news

NYSE Euronext backs growth in African stock exchanges

NYSE Euronext Inc. has seen a threefold increase in the trading of African stocks on its exchanges over the past 5 years and twice as ...

Cote d’Ivoire

Institutions react to Cote d’Ivoire crisis

Markets are reacting quickly to the news that Laurent Gbagbo was sworn in as president of Cote d’Ivoire on Saturday (4 Dec). The World Bank ...

Kenya

PTA Bank launched $300 million eurobond

PTA Bank, a multilateral financial institution based in Nairobi, successfully launched a US$300 million Eurobond in November. According to a press release from Standard Bank, ...

Funds

Liberia reaches deal with 2 “vulture funds”

Liberia has reached a deal with 2 “vulture funds” who had taken it to court to repay debts incurred more than 30 years ago. According ...

Other Countries

Gold miner’s zero harm policy wins CSR award

Gold miner IAMGOLD Corporation, listed in Toronto, New York and Botswana, was awarded for Corporate Social Responsibility at a dinner after Canada's biggset corporate social ...

Capital raising

BRALIRWA, first Rwandan IPO, launches tomorrow

The Rwandan Government said today (22 November) that it aims to raise RwFr 22.1 billion (US$37.3 million) from the sale of its 30% stake in ...

Funds

Aureos Africa Fund invests $10 mln into HFC, backs expansion and SME lending

Aureos Africa Fund has completed a US$10 million investment in HFC Bank Ghana Ltd, a commercial and retail bank. The investment in HFC will help ...

Capital raising

UK-Mozambique Investment Forum 2010

A UK-Mozambique Investment Forum 2010, is coming to London on 2 December.

Exchange news

Nation Media Group in Rwanda cross listing, new market tax incentives

Kenya’s Nation Media Group has cross-listed its shares at the Rwanda Over-The -Counter (ROTC) market on 2 November

Exchange news

New chairman for Uganda Securities Exchange

Charles Mbiire, the chairman of MTN and Invesco Uganda, has been appointed the new chairman of the governing council of the Uganda Securities Exchange.

Exchange news

Work to start on demutualizing Dar es Salaam Stock Exchange

Demutualization of Tanzania’s Dar es Salaam Stock Exchange is to be driven by a National Demutualization Committee (NDC), under the guidance of the Capital Markets ...

Exchange news

London tech crash could be topic in corridors at ASEA

The London Stock Exchange trading outage on 2 November and the subsequent delay of its migration of the LSE's main trading to MllenniumIT's platform is ...

Capital raising

Lontoh Coal considers Hong Kong IPO reportedly “to avoid Zimbabwe sanctions”

Lontoh Coal ,a South African unlisted mining company with projects in Zimbabwe, wants to do its next public offer in Hong Kong, according to a ...

Exchange news

Alliance Assurances to be first private listing on Algiers Bourse

Insurance company Alliance Assurances plans an initial public offering on the Algiers Stock Exchange from 2 November for one month. It will be the first ...

Exchange news

About the Bourse d’Alger

The Bourse d’Alger was set up in 1997 under a 1993 law and started trading in 1999.

Kenya

Nigeria and Zambia joining African rush into bonds

Africa needs to spend $93 billion a year on power, transport and water projects over the next decade to lift growth in the world’s poorest ...

Capital raising

Rwanda starts pre-offer campaign for BRALIRWA

Rwanda's Capital Markets Advisory Council has launched a 2 weeks’ pre-offer campaign across the country to sensitize people ready for the initial public offer of ...

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, ...

Funds

Zimbabwe US$25 million women investment fund launched

Top Zimbabwean Government women leaders on 30 September launched a US$1 million Zimbabwe Women Investment Fund, aimed at mobilising resources to enhance women's participation in ...

Exchange news

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 ...