Other news

Cote d’Ivoire

Sub-Saharan Africa investment banking deals in Q1

Mergers and acquisitions (M&A) in sub-Saharan Africa in Q1 of 2018 at $4.7 billion were 63% down on a year earlier, according to investment banking ...

Other news

European Bank for Reconstruction and Development explores Africa expansion

The European Bank for Reconstruction and Development (EBRD), a top backer of capital markets development, is debating new expansion into sub-Saharan Africa and new parts ...

Exchange news

London Stock Exchange appoints David Schwimmer as CEO

The London Stock Exchange has appointed 49-year-old David Schwimmer as its new CEO, starting on 1 August. He has been working for investment bank Goldman ...

Exchange news

Top learning on the future of African exchanges – BAFM seminar this week 19-20 April

Tomorrow (17 April) is the last day to register for the 7th Building African Financial Markets (BAFM) seminar with a top lineup to debate the ...

Capital raising

African Economic Outlook 2018 flagship report is released

“African economies have been resilient and gaining momentum. Real output growth is estimated to have increased 3.6% in 2017 and to accelerate to 4.1% in ...

Capital raising

African issuers raise $1.4bn in IPO share offers in 2017

African share issuers have raised $1.4bn in 2017 through initial public offers (IPOs) of shares, compared to $1.2bn in 2016.

Exchange news

London Stock Exchange – blue blood in the City after shoot out

The Mexican standoff at the London Stock Exchange saw everyone getting hit, after CEO Xavier Rolet quit suddenly, cutting short a Dec 2018 transition. A ...

Capital raising

How big are African pension funds?

Traditional assets under management in 12 African countries were $634bn in 2014, set to reach $1.1trn in 2020 (PwC). South Africa's $124bn GEPF is the ...

Capital raising

African pensions and infrastructure investment – recent research

African pension fund regulators and PPP practitioners have much to learn from Latin American examples on how to let local funds invest into infrastructure, while ...

Capital raising

Innovative African IPO and listing successes show strong demand

A round-up of recent African IPOs and other listings, many over-subscribed, shows demand and innovation - Namibia scored its first SPAC and Mauritius listed ...

Capital raising

African IPO pipeline includes $3bn Vivo Energy

Investors have been snapping up Africa-focused IPOs of shares; future listings include a reported offer by Vivo Energy and AfriTin, Cytonn Investments and Hystead.

Exchange news

More hires at leading Africa and frontier investment bank Exotix Capital

Leading emerging and frontier markets investment bank and stockbroker Exotix Capital continues to add senior hires in key African markets, adding to the strengthening of ...

Capital raising

UK regulator accused of dropping standards to woo $2 trillion listing

Investor institutions are protesting moves by UK capital-markets regulator, Financial Conduct Authority, to alter listing standards to accommodate a potential $2 trillion listing of Aramco ...

Cote d’Ivoire

Egypt is Africa’s new #1 investment destination

Rand Merchant Bank’s (RMB) Where to Invest in Africa 2018 report shows changes in the top investment destinations in Africa. Egypt is the new number ...

Ethiopia

Do African commodities exchanges achieve the desired results?

The Ethiopian Commodity Exchange (ECX) has received at least $29m in donor funding since 2008 but is it achieving its aims of transforming agriculture for ...

Exchange news

Strate’s CEO Monica Singer steps down to focus on blockchain

Monica Singer, former CEO of South African CSD Strate, left at the end of August 2017 after nearly 20 years. She will concentrate full time ...

Exchange news

South Africa’s securities exchange war goes to court

Court is the next battleground in a war between securities exchanges in South Africa. New exchange 4AX launched a High Court application to set aside ...

Events

Latest on developments in African capital markets

The 6th Building African Financial Markets (BAFM) seminar had many top presentations on theme: “Global Best Practices to Enhance the African Capital Markets” with more ...

Events

Top speakers for BAFM capacity-building seminar 18-19 May

Leaders and movers of African capital markets are heading to Casablanca for the 6th Building African Financial Markets (BAFM) capacity-building seminar on 18-19 May, organized ...

Capital raising

IPO for I&M Bank Rwanda extended to 10 March

The extended deadline for the initial public offer (IPO) of I&M bank Rwanda is 10 March. The Government of Rwanda is selling its 19.8% stake ...