Other Countries

Exchange news

Share and debenture offers in Liberia

According to a report, the Central Bank of Liberia has given local company Cellcom permission to sell convertible debentures and the Liberia Bank for Development ...

Exchange news

New bond listing on Rwanda’s capital market

The capital market in Rwanda took another step forward with the listing on 22 January of a new Rwf2.5 billion (US$4.4 mln) two-year Treasury bond ...

Egypt

Citadel Capital private equity fund opens in East Africa

Egypt-based private equity fund Citadel Capital is to open an East African office in Nairobi during January. Citadel says it is independently ranked as Africa's ...

Capital raising

Agri-Vie fund close to $100 million target, finding projects

Agricultural private equity fund Agri-Vie will reach its target of raising $100 million for investment in agricultural projects by February or March, according to an ...

Exchange news

Zimbabwe Stock Exchange dealing charges from 11 January

New dealing charges for the Zimbabwe Stock Exchange came into effect on 11 January 2010, a week ago. Total Both Sides 4.21%

Exchange news

New SE indices in Botswana

The Botswana Stock Exchange has increased the number of indices from 5 to 8 with effect from 1 January. The new indices include the Domestic ...

Exchange news

Botswana to upgrade rules for asset managers and advisers

Botswana’s Non-Bank Financial Institutions Regulatory Authority (NBFIRA) is talking to the World Bank on technical help to update laws and develop rules. The authority aims ...

Exchange news

National Insurance to list in Uganda

An initial public offering (IPO) for Uganda’s National Insurance Corporation will be launched on 14 January and close on 5 February, according to a report ...

Exchange news

Liberia considering stock exchange

Talks have started in Liberia on establishing a stock exchange and the Central Bank of Liberia is set to play a leading role, according to ...

Exchange news

Two new listings for Tunis Stock Exchange

Two new listings are heading to the Tunisian Stock Exchange (www.bvmt.com.tn) according to Tunisian online news sources www.tustex.com and Tunisia Online News (www.tunisiaonlinenews.com). Prominent regional ...

Exchange news

Exotix says Ghana index was worst of 2009 but may jump 30% in 2010

Stockbroker and investment bank Exotix Limited says the Ghana Stock Exchange’s All-Share Index has so far been the world’s worst performer in 2009, falling 49% ...

Exchange news

African Stock Exchange views – news from ASEA 2009 in Abuja

It has been hard to get news of the African Stock Exchanges Association this year, but news reports talk of integration between the Ghana and ...

Exchange news

East Africa’s new training institute will certify market practitioners

The curriculum of the Securities Industry Training Institute (SITI) has been launched in Kampala, Uganda.
SITI aims to standardize training on a wide range of ...

Exchange news

Uganda opens alternative market for smaller firms

The Uganda Securities Exchange (www.use.or.ug) is seeking innovative steps to make its market more relevant to the development needs of the local economy by relaxing ...

Exchange news

Transaction costs slashed on Zimbabwe Stock Exchange

Zimbabwe’s 2010 budget includes slashing transaction costs on the Zimbabwe Stock Exchange (ZSE) by more than half, to 3.21% (buying 1.73%, selling 1.48%) from 7.5%, ...

Exchange news

Nigerian Stock Exchange seeks $33 mln for new software and Sierra Leone bourse

The Nigerian Stock Exchange is seeking some US$33 million in capital for its fifth software upgrade and also to help finance the Sierra Leone stock ...

Exchange news

Bill to regulate Rwanda’s capital market

A bill to regulate the capital markets and collective investment schemes was tabled in the Rwandan Parliament last week.

Kenya

African bonds roundup

Absa Capital, the investment banking arm of Absa Group, plans to work in a range of African debt markets, particularly in countries where Barclays Bank ...

Exchange news

Bond issues for PTA Bank and Nigeria’s UBA Bank

New bond issues are springing across Africa, including Kenya’s Kengen issue for more power generation which closed on 29 September, and bank issues in Nigeria ...

Other Countries

Chinese back Africa expansion with $1bn loan to SA’s Standard Bank

Cash-rich Chinese banks continue taking ground in Africa, with the announcement on 11 September that South Africa's Standard Bank has a US$1 billion loan facility ...