President Tinubu hails Nigerian Exchange NGN 100 trillion market cap milestone
The Nigerian Exchange has continued its strong growth this year, and on 5 January passed a milestone market capitalization of NGN 100 trillion to close ...
Dashen Bank offers shares ahead of listing on Ethiopian Securities Exchange
Dashen Bank has launched an offer of rights to existing shareholders to raise some ETB 6.4 billion ($41.1 million) in new capital and is preparing ...
African exchanges lead in USD returns
How far can the record-breaking bull run continue for Africa’s stock exchanges? Many African exchange indices were up remarkably over 2025, encouraging participation by local ...
Kenya’s new infrastructure and sovereign wealth funds to be funded by share sales
Kenya is to launch a national infrastructure fund and a sovereign wealth fund, approved by the Cabinet on 15 December. The funds will be capitalized ...
Subscribe to our newsletter
Other News
Featured Event
27-28 January: 1st Pan-Africa Fund Managers Alliance
(Tue-Wed) Nairobi. Inaugural 2-day conference for fund managers, institutions, policymakers, regulators, stakeholders and development partners. Top lineup of speakers on “Unlocking Africa’s Wealth: The Power of Local Capital Mobilization”. Channel domestic savings, strengthen intra-African trade and capital markets, and accelerate growth.
Reviews
Where Credit is Due: How Africa’s Debt Can Be a Benefit, Not a Burden
A very readable in-depth study of the history and trends of government-issued sovereign debt in Africa, giving policy recommendations on how African governments can make the best of use of debt. The book – like this blog – covers all the countries on the African ...
More News
First Atlantic Bank listed in Ghana after oversubscribed IPO
Ghana’s First Atlantic Bank PLC (FAB) listed for trading on the Ghana Stock Exchange (GSE) on 19 December, after an oversubscribed initial public offering (IPO). ...
Ethiopia secures $4.8bn in pledges for mega-airport
Ethiopia’s Finance Minister Ahmed Shide has announced $4.8bn is pledged towards a giant $12.5bn Bishoftu International Airport to be built near Abusera, 40 km South ...
SGTM builds up Casablanca bourse after $548m share offer IPO was 34x over-subscribed
Update 18 December: SGTM listed as the 80th company on the Bourse de Casablanca on 16 December. According to the press release “This operation thus ...
Cash Plus soars 61% after IPO oversubscribed 65x
The share price of Moroccan fintech firm Cash Plus has soared 61% in five days of trading after it listed on the Bourse de Casablanca ...