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The IPO involves the sale of 11.81 billion ordinary shares at KSh 9 per share, representing a 65% stake in the pipeline operator. The government aims to raise KSh 106.3 billion, equivalent to roughly $825 million, while retaining a strategic minority stake of 35%.
Ghana announced the successful distribution of $ 909 million interest payment to DDEP bond holders. The move is expected to renew investor confidence in Ghana’s fiscal capacity as the country prepares to re-enter the domestic bond market.
In 2024, the non-life insurer reported a capital base of about $2.8 million, leaving it with an estimated $7.3 million gap to close before the new thresholds take effect in July.
Analysts say transaction will serve as a litmus test of whether investors are willing to look past conflict risks and buy into the country’s long-term growth story
Fresh data from the World Federation Exchange (WFE) indicates that the GSE’s equity market value surged by 117%% year-on-year to $16.4 billion, extending a three-month run.
The Kangaroo bond, which matures in January 2031, carries a coupon of 4.6% and was priced at a margin of about 40 basis points over the Australian swap rate.
The topline figure represents the cumulative difference between the previous capital regime implemented in 2015 and the newly approved requirements across all affected categories.
The haircut proposal marks a restart of negotiations that broke down last October and signals tentative progress in the East African nation’s drawn-out debt restructuring process.
The NSE will integrate M-Pesa into share trading, a move that shortens settlement cycles and positions Kenya’s leading telco as a gateway to equity markets.
The successful auction comes on the back of fiscal consolidation, improved power supply and early signs of recovery in logistics as authorities push to revive South Africa’s struggling economy.
Ten months ago, Ethiopia’s first stock exchange opened to applause. Today, the applause has softened into calculation. Only three listings stand where nine were promised for 2025, raising a bigger question than timing: why isn’t the pipeline filling?
African stock markets regained momentum in the third quarter of 2025, with Nigeria, Kenya, and Morocco among the strongest performers.
Optasia has become Africa’s first publicly listed fintech, debuting on the Johannesburg Stock Exchange in 2025 and marking a new phase for homegrown digital finance.
The directive comes at a time when investor sentiment in Ghana’s equities market is slowly improving after years of economic uncertainty.
Data from Kenya’s Capital Markets Authority (CMA) shows that foreign participation in total equity turnover fell to 28.01% in September 2025, down from 31.28% in August. The last time foreign participation was this low was in August 2010, when it stood at 21.8%.
Dangote Cement Plc has seen its market capitalisation exceed the ₦11 trillion mark after its share price rose 2.42% to ₦665.0 ($0.46) on Friday, making it the second most valuable company on the NGX after BUA Foods, which is valued at ₦12.5trn ($8.58bn).
CEO Tilahun Kassahun says the ESX may also deploy an Over-the-Counter platform for firms not yet ready for full listing, describing it as a way to encourage participation.
The shift in market sentiment comes as yields on government securities continue to fall, narrowing the risk premium between fixed income and equities.
Data from the Nairobi Securities Exchange show NCBA’s share price surged to KSh 75.25 ($0.56) at Tuesday’s close — its highest on record. The group, currently the most expensive banking stock on the NSE, maintained strong momentum in Wednesday’s intraday trading.
According to data from the Nigerian Exchange Limited (NGX), Stanbic IBTC — the most expensive banking stock on the bourse — gained from ₦109 ($0.07) on Friday to ₦115 ($0.08) on Monday, maintaining that price through Tuesday’s close.