African Markets

Moody’s upgrades Egypt's ratings to B3 and maintains positive outlook

Moody’s has raised Egypt’s sovereign rating by one notch, from Caa1 to B3, in both local and foreign currency, with the ...
African Markets

Egyptian Exchange: MNT-Halan retail tranche oversubscribed 43.6 times, listing expected October 20

Halan’s initial public offering (IPO) attracted orders for approximately 2.093 billion shares on its sixth and final ...
African Markets

Egyptian Exchange: MNT-Halan's private IPO tranche 11.2x oversubscribed

MNT-Halan has closed subscriptions for the private tranche of its initial public offering (IPO) on the Egyptian Exchange (EGX ...
African Markets

Dangote Petroleum Refinery extends IPO by two weeks to October 27

The initial public offering of Dangote Petroleum Refinery and Petrochemicals will stay open two weeks longer. Originally due ...
African Markets

African Union launches Africa Credit Rating Agency (AfCRA), the continent's first credit rating agency

The African Union is launching the Africa Credit Rating Agency (AfCRA) in Port Louis on Wednesday, October 7, the first credit rating agency with a continental scope.
african-markets

STACO Insurance delisted from NGX after NAICOM revokes operating licence

Nigerian Exchange Limited (NGX) has removed the securities of STACO Insurance Plc from its Daily Official List, effective Monday, September 21, 2026, following the revocation of the insurer's ...
african-markets

STACO Insurance radiée du Nigerian Exchange après le retrait de sa licence par la NAICOM

Le Nigerian Exchange Limited (NGX) a retiré les titres de STACO Insurance Plc de sa cote officielle, effectif depuis le lundi 21 septembre 2026, à la suite du retrait de la licence d'exploitation de l ...
african-markets

JPMorgan to launch local-currency frontier bond index by end of September, Africa to hold nearly 45% weighting

JPMorgan will launch a new benchmark for local-currency sovereign debt in frontier markets by the end of September, the GBI-EM Edge, an index that places Africa at the center of the initiative.
african-markets

Dangote Petroleum Refinery launches $1.6 billion IPO on the Nigerian Exchange

Dangote Petroleum Refinery and Petrochemicals opened its initial public offering on the Nigerian Exchange this Monday, September 14, in what is being described as the largest fundraising ever ...
african-markets

MNT Tech Holding applies to list 1.6 billion shares on the Egyptian Exchange

MNT Tech Holding for Financial Investments, the Egyptian parent company of fintech unicorn MNT-Halan, has filed a request with the Egyptian Exchange (EGX) to admit its shares to the main market. The ...
african-markets

Continental Holdings lists on Malawi Stock Exchange as 17th Company

Continental Holdings plc (MSE:CHL) listed on the main board of the Malawi Stock Exchange (MSE) on August 10, 2026, becoming the 17th company to trade on the exchange. 🔔 Follow our WhatsApp Channel ...
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Johannesburg Stock Exchange welcomes new Actively Managed AI-Focused ETF

The Johannesburg Stock Exchange (JSE) has welcomed the listing of the Benguela EasyETFs Global AI Revolution Actively Managed ETF (AMETF) on its Main Board. Trading under the code BGFMAI, the fund ...