Technology

Capital raising

“Dear Kwame..” an email from 2063 by the Chairperson of the African Union Commission

What will Africa look like in 2063? Nkosazana Dlamini Zuma, Chair of the African Union (AU) Commission, published her vision in an “an email from ...

Exchange news

Safeguarding investments – custody banks spur growth of African capital markets

Giant inflows of investment capital to the African markets is spurring an increase in the banks offering custody services, but global players are held back ...

Funds

DPI private equity fund raises $400m

A leading African private equity house Development Partners International (DPI) has reached the first close of its second pan-African African Development Partners II (ADP II) ...

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 ...

Exchange news

Zimbabwe Stock Exchange launches great investor relations (IR) drive

Congratulations to the Zimbabwe Stock Exchange on its excellent new website, including a very useful listed companies’ data terminal, including annual reports, charting, trading ...

Exchange news

Africa’s bourses should work together to channel investors

Africa's 24 stock markets should learn to work together better if they are to seize high levels of investor interest, said Nicky Newton-King, CEO of ...

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. ...

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 ...

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, ...

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 ...

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 ...

Technology

IFC to invest up to $700m into new Africa telecoms

The International Finance Corporation plans to invest up to $700 million in new African telecommunications projects in this year and the next, says Reuters.

Funds

OPIC invests $285m in 6 impact investing funds

U.S. development finance institution, the Overseas Private Investment Corporation (OPIC), is to invest up to $285 million in financing to private equity funds. These in ...

Exchange news

African Stock Exchanges Association conference tackles key issues

Developing Africa’s securities exchanges is critical for the continent’s development, with capital markets standing between huge demand for capital for growth and huge demand to ...

Egypt

Silk Invest says Egypt elections will be turning point

Mark Voss of fund manager Silk Invest foresees a turning point for the Egyptian market in a recent note. He also notes growth in Tunisia, ...

Capital raising

Conference: African technology and innovation banking

Competitive African bank leaders are seizing opportunities of new technology to reach 250m unbanked families. Conference on emerging markets technology innovation and banking coming up ...

Capital raising

Bank of Kigali IPO lifts Rwanda Stock Exchange: 52% gain on first day

Interest in share offers is high on the Rwanda Stock Exchange, after shares of Bank of Kigali (BK) rose 52% to RWF190 in their first ...

Exchange news

Electronic trading and central securities depository coming for Zimbabwe?

A company has been engaged to switch the Zimbabwe Stock Exchange to electronic trading and Cabinet has discussed this and setting up a Central Securities ...