Other Countries

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 ...

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 ...

Capital raising

Tanzania plans debut Eurobond of $500m-$1bn

Tanzania is planning to issue a first Eurobond of up to $1 billion, but the issue could be delayed until after June, according to ...

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 ...

Ethiopia

More weather index insurance for African smallholder farmers

IFC signed 2 grant agreements with MicroEnsure Ltd for index-based weather insurance to help small-scale farmers in Rwanda and Zambia manage drought and too much ...

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 ...

Exchange news

New securities exchange prepares in Namibia

Former Namibian Minister of Finance Helmut Angula is heading plans to establish a second securities exchange, the Namibia Financial Exchange (NamFin-X), which received its licence ...

Capital raising

Citadel Capital’s Rift Valley Railway opens Uganda-S Sudan trade after 20 years

Rift Valley Railways (RVR), a platform company of Egypt's Citadel Capital, has repaired 500 kilometers of track between Tororo in Eastern Uganda and Gulu in ...

Exchange news

New laws pave route to Angolan securities exchange

Laws have been approved in Angola to regulate the future securities exchange for equity and debt. The Capital Markets Commission (CMC) says that it plans ...

Cote d’Ivoire

$183bn of M&A in Africa in last 10 years, Britain leads

The total value of mergers and acquisitions deals in Africa by foreign investors was $183 billion over the ten years 2003-2012, up threefold on the ...

Cote d’Ivoire

African Development Bank starts move to Cote d’Ivoire in 2013

Africa’s top lending institution the African Development Bank (AfDB) has announced that it will start moving its headquarters and 1,500 employees from Tunisia to Ivory ...