Tag Archive for 'Impact and ESG'

Executive pleads guilty as collapse of $14bn Abraaj hits PE flows into Africa

The ongoing collapse of the giant Abraaj platform in the world’s biggest private-equity insolvency has hit flows into Africa-focused private-equity funds. Former Abraaj managing partner Mustafa Abdel-Wadood is cooperating with New York prosecutors after pleading guilty in a Manhattan court 2 weeks ago. He could face up to 125 years in prison. Abraaj was founded […]

IPO report 2 – African companies raised $2.2bn in 2018

Africa-focused companies raised $2.17 billion via 18 share offers (IPO) and listings in 2018, but the number is down 25% from $2.89bn raised in 2017 with 26 share offers and listings. According to asset manager Enko Capital, the slowdown was driven by “unfavourable market conditions”. The Egyptian Exchange had 4 IPOs in 2018, and Ghana, […]

Key questions to boost credibility of impact investing in Africa

Clear industry guidelines can help address credibility concerns on impact investing in Africa, and could help accelerate the allocation of investors’ capital into impact investments.

Recent Africa share listings news

Roundup of recent African share listing news including Old Mutual’s move back to Johannesburg, Grit Real Estate Income Group and ASA International microfinance debut on the London Stock Exchange debut, a green bond in Nigeria and the 9th listing on South Africa’s A2X Markets exchange.

Mobile phone app for trading on Zimbabwe securities exchanges

Investors can use their smartphones to check share and bond portfolios and send orders to stockbrokers in Zimbabwe with an online and mobile trading platform called C-Trade from today (4 July).

Meet FINSEC, Zimbabwe’s second securities exchange

Zimbabweans have a second option for regulated securities trading: Financial Securities Exchange (Private) Limited (FINSEC) is licensed by the Securities and Exchange Commission of Zimbabwe as a securities exchange (alternative trading platform).

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.

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 small farmers? A review of some articles.

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 both the decision of the FSB and its Appeals Board to grant a licence to new exchange ZAR X.

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.