Exchange Traded Funds (ETFs) News

Nairobi Securities Exchange to issue gold ETF

Kenya's Capital Markets Authority approves listing of first ETF

Kenya’s first ETF, which will track the price of gold, will be issued by NewGold Issuer (RF) Limited, which is incorporated in South Africa.

Geoffrey Odundo, CEO, Nairobi Securities Exchange. Credit: marcopolis.net

Nairobi Securities Exchange to start offering ETFs in diversification drive

The Nairobi Securities Exchange expects its first exchange traded fund (ETF) to be approved by the regulator this year and trading to start soon after.

Compelling investment markets in Africa. Credit: sc.com

Nigeria offers investors a unique opportunity for strong long-term growth: Global X MSCI Nigeria ETF (Infographics)

Nigeria is currently offering investors a unique long-term growth opportunity at a great value through the Global X MSCI Nigeria ETF (NGE).

Nigerian Stock Exchange launches Premium Board

Nigerian Stock Exchange launches Premium Board

The Nigerian Stock Exchange (NSE) announced last week Tuesday the launch of a new equity listing platform, the Premium Board, and the associated Premium Board Index.

Market Vectors Africa Index ETF (AFK)

Invest In Africa's Growth Through The Market Vectors Africa Index ETF

The Market Vectors Africa Index ETF is the simplest and most efficient solution for investors to gain exposure to Africa’s economic growth. The fund has experienced a sharp drop in price since 2014, which is not at all correlated to the financial earnings of the fund’s major holdings.

Cross listing of ETFs on Johannesburg, Lagos and Nairobi stock exchanges coming soon

Cross listing of ETFs on Johannesburg, Lagos and Nairobi stock exchanges: Coming soon

Discussions are currently underway between market participants in Nigeria, Kenya and South Africa to launch the cross listing of Exchange Traded Funds (ETFs).

Johannesburg Stock Exchange (JSE)

Stock exchanges in South Africa, Kenya, and Nigeria plan more ETF cross-listings

South Africa, Nigeria and Kenya are planning to cross-list more exchange-traded funds on their stock markets to boost liquidity of the securities, according to the Johannesburg Stock Exchange.

Muhammadu Buhari, Nigeria's President-Elect

Nigeria: Can Ex-General Buhari Boost Economy & Crush Boko Haram?

Muhammadu Buhari will bring change as the new president of Nigeria, but investors shouldn’t expect a fast economic turnaround.

Investing In Africa with ETFs

Investing In Africa with ETFs

Is there an app for that? A few years ago that was a fun and only slightly rhetorical question, as we traded in our flip phones for smart phones and our PCs were catching flak from the tablet takeover. Today no one asks, because the answer is unequivocally “yes.”

Donna Oosthuyse, Director, Capital Markets, Johannesburg Stock Exchange (JSE)

Johannesburg Stock Exchange (JSE) and Nigerian Stock Exchange (NSE) partner to boost regional capital markets

The Johannesburg Stock Exchange (JSE) and the Nigerian Stock Exchange (NSE) are working to develop a strategic partnership to benefit investors and create opportunities for cross listing on both exchanges.

A shopper peruses the grocery aisles at the South Africa–based Shoprite in the three-year-old Ikeja City Mall. Photo credit: nationalgeographic.com

Global X MSCI Nigeria ETF: Speculative multi-year play approaching attractive valuation

The bet is a very long-term (multi-year) play on: (1) Earnings growth; and (2) Increased multiples assigned to equities by market participants as Nigeria’s markets mature.

Olumide Oyetan, Chief Executive Officer of Stanbic IBTC Asset Management

Nigeria's Stanbic IBTC to float more exchange-traded funds (ETFs): Olumide Oyetan, Chief Executive Officer of Stanbic IBTC Asset Management

Chief Executive Officer of Stanbic IBTC Asset Management Limited, Olumide Oyetan, has disclosed that the company will float more exchange-traded funds (ETFs) in 2015.

The long case for the Global X Nigeria exchange-traded fund (ETF)

The long case for the Global X Nigeria exchange-traded fund (ETF)

Wall Street and the rest of the world has watched as oversupply has caused oil prices to plummet from well above $100 a barrel to below $70 a barrel in a matter of weeks. This has caused mass hysteria, leading to overselling of many otherwise sound assets.

Exchange-Traded Funds (ETFs)

Nigerian Stock Exchange investors urged to take advantage of soon-to-launched Stanbic IBTC NSE-30 ETF

Chief Executive Officer, Stanbic IBTC Asset Management Limited, Mr. Olumide Oyetan, has advised investors to take advantage of its on-going N1 billion initial public offer for the Stanbic IBTC Exchange Traded Fund Stanbic IBTC ETF 30 to invest in a low cost instrument that will deliver the required market return from the NSE 30 Index of the Nigerian Stock Exchange NSE.

Stock Exchange Market Data

Stanbic IBTC opens N1B IPO for ETF that tracks Nigerian Stock Exchange's NSE 30 index

Stanbic IBTC Asset Management, a member of Standard Bank Group, has opened its initial public offering for the Stanbic IBTC Exchange Traded Fund 30 (ETF 30), with 10,000,000 units of the fund available at N100 each at par.

African Stock Markets

For rapid growth, Africa is the new China - Gavin Graham, Chief Strategy Officer, Integris Pension Management

Many strategists suggest investors forget about emerging markets for now and instead put money in developed economies like the United States and Europe.