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.
CAL Bank has announced that its second largest shareholder, private equity firm DPI, has successfully sold its 27.7 percent stake in CAL Bank to Arise BV of the Netherlands.
African finance group Letshego Holdings has acquired a 100% shareholding in AFB Ghana Plc. AFB is a licensed non-bank financial institution and offers innovative credit products to over 60,000 customers across its network of more than 25 branch and customer access points.
Here is general information on exchanges across Africa, including: currencies, time zones, trading hours, open days, market operation, settlement, trading lot sizes, public holidays, monetary policy, taxation & indices. The guide was compiled by African Alliance.
Bloomberg and the Ghana Fixed Income Market (GFIM) announce the launch of the Bloomberg E-Bond trading and market surveillance system, a new electronic trading system for Ghanaian government bonds which Bloomberg began operating in Ghana last month.
The development of a common platform for cross-border listing and trading in West Africa will create “broader and deeper liquidity”, according to Ade Bajomo, executive director of market operations and technology at the Nigerian Stock Exchange (NSE).
Samba Foods Limited, an indigenous food processing and preservation business, became the first local company to list and trade its shares on the Ghana Alternative Market (GAX).
MTN Group Ltd.’s Ghana business is considering a local stock-exchange listing as a way to increase local ownership, the unit’s Chief Executive Officer Serame Taukobong told reporters Tuesday in the capital, Accra.
The recent lack of growth in the developed markets coupled with perceived improvements in political and macroeconomic stability, policy certainty, and legal systems in many African countries, as well as Africa’s growing middle class and rise in consumption is leading to increasing interest by foreign companies and institutions in Africa as an investment destination.
IPO Watch Africa surveys all new primary market equity IPOs and FOs in which capital was raised on Africa’s principal stock markets and market segments, as well as IPO and FO activity of African companies on international exchanges, on a yearly basis.
Vodafone Ghana plans to list on the Ghana Stock Exchange (GSE) soon, reports Citi Business News.
Databank Brokerage Limited (DBL), Ghana’s leading brokerage house, has once again accomplished another ‘first’ in the securities market – Sponsoring Broker of the first security to be listed on the Ghana Alternative Market (GAX).
Izwe Loans recently listed Ghana’s first cedi-denominated corporate bond on the Ghana Alternative Market (GAX) of the Ghana Stock Exchange (GSE).
How Ghana’s Stock Exchange Is Boosting Listings: Ekow Afedzie, Deputy MD, Ghana Stock Exchange
Nigeria Stock Exchange Chasing A Trillion Dollar Market Cap: Oscar Onyema, CEO, Nigerian Stock Exchange