Other Countries

Capital raising

Zambia’s debut $750m Eurobond puts focus on Africa

Zambia went to the global market yesterday (13 September) with its first eurobond, a USD750 million 10-year bond priced at a 5.625%. It will ...

Other Countries

Botswana’s rise as world diamond centre – Stanchart “money laundering” woes slow P1.8bn OPIC financing

De Beers’ Diamond Trading Corporation has moved from London to Botswana and some 32m carats of diamonds (worth US$6 billion – about 40% of world ...

Exchange news

Botswana Stock Exchange launches automated trading

Months of hard work came to a climax when the Botswana Stock Exchange successfully launched its automated trading system (ATS) and now has live trading. ...

Capital raising

Uganda’s power distributor Umeme says it plans Nairobi and Uganda IPOs this year

Uganda’s only power distributor, Umeme, said it plans to raise capital to invest in Uganda’s electricity sector through an initial public offering (IPO) on the ...

Funds

Voxtra impact fund backs growing seed potatoes in Tanzania

Voxtra East Africa Agribusiness Fund, a Norwegian social investor, has completed its inaugural investment of US$1.5 million in Mtanga Farms Limited in Tanzania, which grows ...

Exchange news

SADC stock exchanges work together towards links, shared skills and better visibility

The ten stock exchanges of the Southern African Development Community (SADC) are working together to increase the effectiveness of their markets. The Committee of SADC ...

Events

Great line-up for African Debt Capital Markets summit at London Stock Exchange on Monday

Xavier Rolet, Chief Executive of the London Stock Exchange, will be celebrating the rise and rise of African fixed interest on Monday 2 July, when ...

Other Countries

Africa’s top bankers honoured at award ceremony

The best in African banking was celebrated recently at the 6th edition of the African Banker Awards, under the patronage of the African Development Bank ...

Exchange news

Rwanda savings and credit coops to look at capital markets?

Rwanda's Savings and Credit Cooperatives (known as SACCOs) are being encouraged to take more interest in investing into the capital market including bonds and equities. ...

Capital raising

Hana Mining could speed trans-Kalahari railway

The dual-listing of Hana Mining Ltd. last week on the Foreign Venture Capital Board of the Botswana Stock Exchange could bring a giant new cross-Africa ...

Ethiopia

5 Africans named social entrepreneurs of 2012

Five leading Africans and innovators were named Social Entrepreneurs of the Year 2012 Africa by the Schwab Foundtion last week at the World Economic Forum ...

Exchange news

BaDEx getting ready to launch as Zambia’s second securities exchange

A new securities exchange in Lusaka, BaDEx (Bonds and Derivatives Exchange Zambia) is installing tried-and-tested bond and derivative trading software from South Africa's STT Software, ...

Exchange news

CoSSE (Committee of SADC Stock Exchanges) launch new website for data and news

The Committee of SADC Stock Exchanges (CoSSE) has launched a website as part of a drive to create more liquidity in the southern African stock ...

Exchange news

Kenya licences first ethical Islamic finance fund

Kenya has licensed its first ethical fund, an Islamic fund issued by FCB Capital, a sharia-compliant investment bank, and aims to become the centre of ...

Exchange news

Tanzanite miner Richland heads for Dar-es-Salaam bourse listing

Tanzanians are to be able to invest in the gems that bear their country’s name, tanzanite. Richland Resources Ltd, listed on the London Stock Exchange’s ...

Capital raising

East African investors opening accounts at Nairobi Stock Exchange

The number of investors from other East African countries opening trading accounts at Kenya’s Nairobi Stock Exchange is still very small, but has grown more ...

Cote d’Ivoire

IFC invests in Côte d’Ivoire’s mining through Sama Resources

The International Finance Corporation (IFC), a member of the World Bank Group, on 20 Dec agreed to invest CAD1,250,000 in nickel and copper exploration through ...

Exchange news

Zimbabwe Securities Commission refuses licence for ZSE bourse

The Securities Commission of Zimbabwe (www.seczim.co.zw) has declined to grant the Zimbabwe Stock Exchange (www.zse.co.zw – under maintenance), an operating licence, according to local media, ...

Capital raising

Africa could repeat China’s long growth story– Renaissance CIO

"Africa reminds me of China back in 1999. If you missed China then, don't do that (miss Africa) now," is how Plamen Monovski, chief investment ...

Exchange news

Tunisia Stock Exchange positive on economic prospects

Share prices on the Tunisian Stock Exchange have been moving ahead all November, starting with a positive reaction to the meeting between Rachid Ghannouchi, leader ...