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November 18
Ghana: Ghana Stock Exchange Records Bullish Performance in October - Report
Ghanaian Times
The Ghana Stock Exchange (GSE) recorded a bullish performance in October demonstrating enhanced growth in the equities market. Read more »
November 16
Zimbabwe: Zimbabwean Government Shields Foreign Mining Companies Accused of Exploiting Rural Communities
New Zimbabwe
GOVERNMENT of Zimbabwe has defended foreign mining companies operating in the country saying they are adhering to the law despite growing accusations of exploitation in rural… Read more »
November 14
Africa: Greenpeace Africa Calls for Real Climate Solutions Over Dubious Carbon Markets Scheme
Greenpeace
As COP29 discussions continue in Baku, Greenpeace Africa strongly opposes the push for unreliable market-based mechanisms as a solution to the climate crisis, warning that they… Read more »
Zimbabwe: 'New Products, Listings to Spur Vfex Activity'
The Herald
New products and listings expected to onboard the Victoria Falls Stock Exchange (VFEX) this will improve trading activity and liquidity, which has been an area of concern, market… Read more »
November 12
Nigeria: Stock Market Up 0.14 Percent On Buying Interest in Aradel Holdings, 23 Others
This Day
Kayode Tokede Read more »
Nigeria: Inflation, Fx Scarcity Weighed Down Nigeria's Ranking in Africa Financial Markets Index 2024
This Day
Nigeria dropped a point to earn an overall score of 64 that placed it on third position behind South Africa and Mauritius in the Absa Africa Financial Markets Index (AFMI) 2024:… Read more »
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Africa: Climate Investment Funds Capital Markets Mechanism Announces Bond Listing On LSE to Boost Climate Finance for Africa
African Development Bank (AfDB)
The Climate Investment Funds Capital Markets Mechanism (CCMM) has announced its bond listing programme on the London Stock Exchange, a move that will help to raise new climate… Read more »
November 11
Egypt: Public Sector Companies Achieve Egp 68bn in Profits Over 8 Years
Egypt Online
Treasurer of the General Federation of Chambers of Commerce and Head of the Qalubeya Chamber, Mohamed Attia El-Fayoumi, stated that the roadmap for the public business sector began… Read more »
Nigeria: Oil & Gas Companies Thrives On Products Price Hike As Revenue Hits N2.97tn
This Day
Following the significant increase in price of Premium Motor Spirit and other products, a total of six oil & Gas companies listed on the Nigerian Exchange Limited (NGX)… Read more »
Zimbabwe: Inside PNP's Plan to Double Subsidiary in 5 Years
The Herald
Pick n Pay's Boxer subsidiary, which will list on the Johannesburg Stock Exchange (JSE) before the end of 2024, has an ambitious plan to double its turnover within five years. Read more »
Nigeria: Agama, Bajomo, 78 Others Bag Fellowship of Stockbrokers' Institute As 210 Inducted Associates
Leadership
The director-general, Securities and Exchange Commission (SEC), Dr Emomotimi Agama and an Octogenarian, Senator Felix Bajomo were among the 80 Stockbrokers invested as Fellows by… Read more »
November 06
South Africa: South Africa Companies Hopeful As They Participate in China International Import Expo
SAnews.gov.za
South African companies that have been assisted to participate in the 7th China International Import Expo (CIIE) have expressed optimism for what is to come out of the gathering. Read more »
Nigeria: Stock Market Gains N131bn After Six Days of Losses
This Day
The stock market segment of the Nigerian Exchange Limited (NGX) yesterday gained N131 billion in market capitalisation to halt a six-day losing momentum. Read more »
November 05
Nigeria: MTN Nigeria Plans N50 Billion Commercial Paper
Premium Times
MTN Nigeria hopes to use the cash to bridge the working capital gap in the short term. Read more »
Nigeria: H1'24 - Oando Records 51 Percent Growth in Revenue to N2 Trn
Vanguard
Oando PLC, Africa's leading energy solutions company listed on both the Nigerian Stock Exchange (NGX) and Johannesburg Stock Exchange (JSE) has announced a 51% growth in revenue of… Read more »
Nigeria: Stock Market Down N317.7bn On Profit-Taking in Aradel Holdings, 29 Others
This Day
Kayode Tokede Read more »
Nigeria: Global Stock Markets Rise Ahead Today's US Election
Daily Trust
Global stock markets rose and the dollar slid yesterday as investors steel themselves for a coin-toss US presidential election, an interest rate decision and expected Chinese… Read more »
November 04
Nigeria: Stock Market Returns Bearish As Investors Lose N1.3 Trn in 5 Days
Vanguard
The Nigerian stock market ended last week ended on a bearish note, as both the Nigerian Exchange, NGX All Share Index, ASI and market capitalisation fell to 97,432.02 points, and… Read more »
October 30
Africa: Bridging Markets - Prosper Africa Supports Lagos Fashion Week, Strengthens Access for African Fashion in
This Day
Lagos Fashion Week, in collaboration with the U.S. government initiative Prosper Africa and Style House Files, hosted the "Bridging Markets" panel discussion for leading fashion… Read more »
October 29
Zimbabwe: Bridgefort Capital to Migrate Shares to Vfex
The Herald
BridgeFort Capital, formerly Medtech Holdings, is set to migrate its Class A and Class B listings to the Victoria Falls Stock Exchange (VFEX) and list by way of introduction. Read more »
Nigeria: Stock Market Drops By N448.4bn On Investors' Profit -Taking in Bua Cement, 27 Others
This Day
The stock market segment of the Nigerian Exchange Limited (NGX) kicked off the new week on a negative note, dropping by N448.41 billion over investors' profit-taking in BUA Cement… Read more »
October 27
Zimbabwe: Local Companies Fail to Exhaust U.S.$25 Million On the Willing Buyer and Seller Market - RBZ
New Zimbabwe
THE Reserve Bank of Zimbabwe (RBZ) says local companies recently struggled to snap up US$25 million floated on the market in a development indicating limited ZWG availability in… Read more »
Nigeria: Stakeholders Task FG, States On Fake Agro-Chemicals in Markets
Leadership
Cocoa Farmers Association of Nigeria (CFAN), has challenged the National Task Force (NTF), states, the federal government and stakeholders in the cocoa value chain to intensify… Read more »
Nigeria: At N696.88bn, Foreign Investors' Transactions in Nigerian Stock Market Highest Since 2018
This Day
Kayode Tokede Read more »
October 25
South Africa: Packaging Companies Flout Rules On Waste Picker Payments
GroundUp
Waste pickers collect, sort and transport most of our recyclable waste, and regulations say they be must paid for their services Read more »
October 24
Kenya: Better Digital Payments Infrastructure Is Facilitating Access to New Markets for Enterprise
Capital FM
Saying that small and medium-sized enterprises (SMEs) are the backbone of economies in East Africa is an understatement. SMEs make up the largest part of all registered entities in… Read more »
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