Technology

Capital raising

Tunis Stock Exchange seeks to support growth

The Bourse des Valeurs Mobilières de Tunis (BVMT - Tunis Stock Exchange), aims to support role in faster economic growth and has a 5-point development ...

Exchange news

JSE sets new trading record – 230,797 trades on 10 August

South Africa’s Johannesburg Stock Exchange says that a record number of trades were executed on the exchange today (10 August). The new record is 230,797 ...

Funds

Helios closed giant $900 mn African private equity fund

Pan-African private equity firm Helios Investment Partners announced that it had raised $900 million for its second Africa-focused private equity fund, and the fund was ...

Kenya

Indian telco to leave E African market – cites slow Govt approvals

Indian steel-to-outsourcing conglomerate Essar has cancelled deals to buy telecoms operators in Uganda and Congo and is to sell its Kenyan operations, under the Yu ...

Egypt

Revolution at Egyptian Exchange – innovations to boost liquidity

The Egyptian Exchange is to introduce new products and trading innovations, including remote orders placed abroad, exchange-traded funds (ETFs), intraday trades and short selling. Mohamed ...

Funds

African private equity deal-making soars: $1.8bn transactions by May

Private equity funds focusing on Africa are becoming more active and making more deals. At least 12 deals were closed in the first five months ...

Capital raising

Rwanda Government to raise $42 mn by selling shares in Bank of Kigali and MTN

The Rwandan Government plans to raise Rwf25 billion ($42.2 million) through the sale of its shares in Bank of Kigali Ltd and telecom company MTN ...

Capital raising

Emerging Capital Partners (ECP) awarded “Best Private Equity House in Africa”

Emerging Capital Partners has won an award as “Best Private Equity House in Africa” named by EMEA Finance magazine. This recognizes ECP’s achievements in ...

Capital raising

Listing of Tunisie Telecom cancelled

Tunisie Telecom has cancelled plans for a joint initial public offering on the Paris and Tunis stock exchanges after consultations with trade unions following several ...

Funds

Private equity firms invest $79 mn in telecoms towers

Leading international private equity firms are investing $79 million to build and acquire mobile phone towers in sub-Saharan Africa. Investec Asset Management, the International Finance ...

Exchange news

London and Johannesburg stock exchanges migrate to Millennium Exchange system

The main trading platform of the London Stock Exchange was successfully switched from the previous system yesterday (14 Feb) to the Millennium Exchange computer system. ...

Egypt

Egyptian stock exchange delays reopening to 16 Feb

The Egyptian Exchange has postponed its reopening until Wednesday 16 February. The stock exchange closed on 27 Jan after the main EGX 30 Index fell ...

Exchange news

Singapore Exchange’s global strategy – world’s fastest trading system

Singapore Exchange Ltd (SGX) is planning to install what it says will be the world’s fastest trading system, reports the Wall Street Journal. The move ...

Exchange news

London Stock Exchange sets love date for switch to MillenniumIT system

The London Stock Exchange is hoping for some love from traders, by announcing 14 February – Valentine’s Day - as the date to switch to ...

Ethiopia

Ethiopian Commodity Exchange now available on mobile phones

The dynamic Ethiopian Commodity Exchange is further spreading its information feed. Now customers can access general information and their accounts through SMS and voice telephone ...

Exchange news

What do you wish for the African stock exchanges?

What are your wishes for improvements to the African securities markets, including markets for equities and bonds, in 2011?
Who are the key movers and ...

Capital raising

Tunisie Telecom aims to list on Tunis and Paris stock exchanges

Tunisie Telecom has announced the first stage of registration with the aim of listing on the Tunisian stock exchange Bourse de Tunis and NYSE Euronext ...

Exchange news

NYSE Euronext backs growth in African stock exchanges

NYSE Euronext Inc. has seen a threefold increase in the trading of African stocks on its exchanges over the past 5 years and twice as ...

Kenya

Safaricom offers $56 million bond

Telecoms giant Safaricom Ltd., a mobile phone company that is the biggest listing by market capitalization on the Nairobi Stock Exchange, is selling KSh 4.49 ...

Exchange news

Africa’s securities markets aim to get busy

Africa’s capital markets have set themselves a tough programme of action, following the executive committee and annual general meetings of the African Stock Exchanges Association ...