Other news

Exchange news

Nigerian Stock Exchange to roll out top-speed NASDAQ OMX trading platform

The Nigerian Stock Exchange says it will have the fastest trading system in Africa when it upgrades its trading to NASDAQ OMX Group’s X-Stream platform, ...

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, ...

Other news

Ready, steady Ngozi – for World Bank president

The Economist magazine in support of Ngozi Okonjo Iweala for World Bank President

Ethiopia

Making the market, the story of the Ethiopian Commodities Exchange

This article by Dr Eleni Gabre-Madhin, CEO of the Ethiopian Commodities Exchange, gives a fascinating, self-critical and revealing account of the creation of the exchange ...

Exchange news

Kentucky wheat futures contract coming to JSE

The JSE will introduce its third wheat futures contract, with a cash-settled contract based on hard red winter wheat, referencing the Kansas City Board of ...

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 ...

Capital raising

Abraaj Capital acquired Aureos Capital

Abraaj Capital, a leading private equity manager investing into Africa, Middle East, Asia and Turkey, recently announced the acquisition of Aureos Capital, a global private ...

Exchange news

First global company lists on Stock Exchange of Mauritius

The first offshore company was approved to be listed for trading on the Stock Exchange of Mauritius. Evisa Investments Ltd, which has invested in Kenyan ...

Ethiopia

Duet and Vasari invest private equity in Ethiopia’s Dashen Brewery

London-based alternative asset manager Duet Group and Vasari, a company with a record of growing businesses, announced recently in a press release that they had ...

Exchange news

Strategy – NYSE Euronext and Deutsche Borse turn to technology and new targets

Mega-mergers and competition continues among the world’s biggest exchanges, despite the move by European regulators to ban Deutsche Börse (DB) and NYSE Euronext (NYX) from ...

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 ...

Exchange news

British small-cap stockex PLUS-SX up for sale

PLUS Markets, a British-regulated investment exchange for trading the shares of small companies, has put itself up for sale on 3 Feb.

Capital raising

JSE seeks more African equity listings in 2012, targets telecoms, mining and financials

The JSE Ltd, South Africa’s securities exchange, is hoping to attract more listings from the rest of Africa in 2012 and to expand its range ...

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

FTSE Group working on Pan-Africa index with African Securities Exchanges Association

FTSE has launched a FTSE-ASEA index with the African Securities Exchanges Association, which will help to unlock Africa an investment for larger portfolio investors. The ...

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, ...

Events

Getting Africa to use more carbon financing – COP 17 workshop

Africa is using much less than its share of global financing available for carbon reduction projects, but the process to apply is complicated and a ...

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 ...

Funds

Aureos Africa Health Fund invests $2.5m in Kenya healthcare

Aureos Africa Health Fund invested $2.5 million in a Kenyan hospital and health insurance company, the Avenue Group, which offers affordable healthcare cover, integrated ...