Technology

Capital raising

AfDB $400,000 seed equity to central depositories link Africlear Global

The central depositories of Kenya and Nigeria have formed a joint venture Africlear Global with a custodian which is part of Altree Financial Services ...

Exchange news

Payments messaging booms in Africa

Payments and securities transactions are growing faster in Africa than in the rest of the world, according to financial messaging institution SWIFT. Traffic volumes of ...

Exchange news

Woes of Zimbabwe Stock Exchange

The value of trading on the Zimbabwe Stock Exchange fell 22% in the first quarter of 2015 (compared to 2014), the bourse has been hit ...

Exchange news

Zimbabwe central depository brings shares on board

Chengetedzai Depository Company Ltd, Zimbabwe's central securities depository (CSD), was reported that the last securities had been brought on board in March 2015.

Funds

Private Equity Africa ranks top 10 deals in 2014

Leading website and magazine Private Equity Africa lists the top 10 Africa private equity deals from 2014, with data from Preqin. Top are two telecoms ...

Capital raising

IPOs soar as Africa’s capital markets raise $11bn

• US$11bn IPO and FO proceeds raised in 2014 in African equity markets • US$37.4bn proceeds raised from 2010 to 2014 • 24 African IPO ...

Exchange news

Rwanda Stock Exchange closer to Nasdaq X-stream automated trading

Rwanda Stock Exchange says it is close to an Automated Trading System using technology from Nasdaq OMX and will link to the National Bank's central ...

Exchange news

East African securities exchange integration – what’s on in 2015

Securities exchanges in East Africa are working together on infrastructure for tighter cooperation and links between Rwanda, Kenya, Uganda and Tanzania and potentially Burundi through ...

Burundi to use LSEG technology to power its financial market. Photo shows aerial view of London square with London Stock Exchange building on the right
Exchange news

Nigerian Stock Exchange signs links to London SE Group

The Nigerian Stock Exchange signed a capital markets agreement with the London Stock Exchange Group (LSEG) to support African companies seeking dual listings in London ...

Exchange news

London Stock Exchange offering to Africa

According to London Stock Exchange, there are 115 listings of companies focused on sub-Saharan African markets including 26 on the Main Market and 84 on ...

Exchange news

Nairobi SE trades bonds on new automated trading system

The Nairobi Securities Exchange went live trading government and corporate bonds on an automated trading system, marking another step into Africa for South Africa’s financial ...

Exchange news

Direct market access links West Africa securities exchanges

The framework for linking West African securities exchanges starts with direct market access (DMA). A stockbroker on one West African exchange can transact on the ...

Exchange news

Nairobi Securities Exchange CEO Peter Mwangi moves to Old Mutual Kenya

The well-respected CEO of the Nairobi Securities Exchange, Peter Mwangi, is to take up a new job as Group CEO at insurance company Old Mutual ...

Exchange news

Zimbabwe stock exchange moving to electronic trading and CSD

Electronic trading is coming to Zimbabwe Stock Exchange under a contract with InfoTech Group, and Chengetedzai Depository Company Ltd says 3 listed companies will be ...

Other news

Visa helps towards remittance target cost of 5%

On average Africans paying up to 12.4% ($25) to send $200 home, twice the global average. The fees cost Africans an estimated $1.8 billion a ...

Exchange news

Dar es Salaam Stock Exchange: 8 weeks to launch new African trading system and CSD

After a high-speed 8 weeks installation, Dar es Salaam Stock Exchange (DSE) successfully “went live” on 27 June with an integrated trading system and clearing ...

Capital raising

Stock exchange experts urge focus on small and medium enterprises

An international panel of securities exchange experts has set up a task force to help securities exchanges raise capital for small and medium-size enterprises (SME), ...

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 ...

Events

Free masterclass in funding sources for capital markets development (9-10 April)

Two leading securities exchange experts are offering a free masterclass in funding sources for capital markets development in New York on 9-10 April. They will ...

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 ...