IPO Watch – Altvest listing on JSE’s AltX to close 1 Oct
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Interview with AFSIC CEO Rupert McCammon
With under three weeks to go to the 11th AFSIC – investing in Africa conference on 7-9 October, in London, here is an interview with Rupert McCammon, the CEO of AFSIC, to ask him how important the conference has become to the investment community over many years of growth. Register before 30 September to save […]
Uganda joins African exchanges link
The Uganda Securities Exchange (USE) has become the tenth African securities exchange to join the African Exchanges Linkage Project (AELP). The linkage platform enables stockbrokers on participating exchanges to send orders on behalf of their clients to stockbrokers on other exchanges, who will buy and sell shares on those exchanges. Ten 10 stock exchanges representing […]
Consensys ramps up blockchain rollout in African financial markets with new appointment
Leading blockchain innovator Consensys continues to ramp up its role in shaping the future of financial services and capital markets in Africa with the recruitment of fintech veteran Ian Bessarabia.
Some African IPOs – August 2018
Roundup of African share offers (IPOs) for investors, including CIPLA-QCI closing 24 Aug in Uganda, Giza Spinning and Weaving in Egypt and telco MTN listings in Uganda, Ghana and Nigeria.
Malawi Stock Exchange to start automated trading in May
Malawi Stock Exchange is set to go live with an automated trading system (ATS) by end May and 30 April is start date for dematerialization as shareholders move physical certificates onto the Reserve Bank of Malawi electronic Central Securities Depository.
Highest ranked African securities exchange websites
According to www.Alexa.com, in rankings today (9 Jan) the Nigerian Stock Exchange website was ranked #83,112 busiest website in the world ahead of the Egyptian Exchange, JSE, BRVM and Nairobi Securities Exchange.
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 by Casablanca Stock Exchange with the African Securities Exchanges Association.
Regional integration tops 2017 agenda for Africa’s exchanges
Stock exchanges across Africa should be working towards regional integration, says Prime Minister of Rwanda Anastase Murekezi, guest speaker at the African Securities Exchanges Association conference.
Building African Financial Markets seminar
The 5th Building African Financial Markets (BAFM) capacity-building seminar is coming to the Nigerian Stock Exchange Event Centre in Lagos on 28-29 April, organized with the African Securities Exchanges Association.
South Africa – politics affects the market, damaging savings and jobs
On 13 Dec the Johannesburg Stock Exchange JSE spelled out how the sacking of South Africa finance minister Nhlanhla Nene and market reactions to political moves had affected people’s savings, jobs and hopes in the previous 4 days.
Nairobi securities exchange prepares for derivatives market launch
The Nairobi Securities Exchange is working to launch a derivatives market, including product and contract specifications, and public education, following the news on 19 Dec that the Capital Markets Authority granted a provisional licence and approved the NSE’s Derivatives Exchange Rules
9 reasons Africa tops investment agendas
9 reasons Africa tops investors’ agenda, Eddy Njoroge told African Securities Exchanges Association, include: economy to rise from $1.1trn to $3.9trn in 5 years, the fastest-growing middle class (from 123m to 1.1bn), population to double to 2.4bn, and record $80bn of foreign investment.
JSE and ASEA host African exchanges for capacity-building
The Johannesburg Stock Exchange (JSE) and the African Securities Exchanges Association (ASEA), supported by the World Bank Group, are hosting the third Building African Financial Markets seminar this week, bringing together stock exchanges, regulators, stockbrokers and others from across Africa.
JSE seminar on African capital markets development
The Johannesburg Stock Exchange will host the 3rd Building African Financial Markets capacity-building seminar, in Johannesburg from 10-12 September.
Nairobi Securities Exchange IPO closes 12 Aug
The Initial Public Offering (IPO) of the Nairobi Securities Exchange Limited is open until 12 August. The NSE is seeking to raise KES 627 million ($7.14m) by selling up to 66,000,000 new shares (some 31% of the equity) at KES 9.50 each, open to domestic and international investors.
Nairobi Securities Exchange scores megaprofits and heads for own IPO and listing
The Nairobi Securities Exchange passed key resolutions to take its demutualization into final stages, after scoring record profits for the financial year to 31 Dec 2013 and paying its first dividend to shareholders.
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), including the possibility of establishing a specialized SME exchange.
Nigerian Stock Exchange seeks advisors for demutualization
The Nigerian Stock Exchange is looking for external advisers to drive its demutualization process.
Africa’s securities exchanges and their part in Africa’s future
The challenges facing Africa’s securities exchanges to become an integral part of the continent’s economic transformation also provide a good agenda for action in 2014.