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Zimbabweโ€™s dollar exchange overtakes main bourse with $3.8bn valuation

The Zimbabwe Stock Exchange in Harare. Its competitor, the Victoria Falls Stock Exchange, has overtaken the ZSE by market value after tycoon Strive Masiyiwa transfered telecommunications infrastructure firm Econet to the platform at a $1 billion (R16.3 billion) valuation on March 31.

Rwanda raises $251m in first World Bank dual-guarantee deal

Image showing dollar notes and a map of Africa

Dangote refinery launches bold pan-African IPO push

billionaire and owner of Dangote Refinery, Aliko Dangote at his feterlizer plant

DRC debut Eurobond attracts $5.2bn demand, pricing tighter than expected

Financial charts depicting price movements in the stock market.

Afreximbankโ€™s Fitch downgrade exposes a deep rift in global finance judgments

Frontage of African Export-Import Bank

How Ghanaโ€™s gold boom made it the best performing stock market in 2025

An African man washing a gold bar in a bucket

A $1.75bn debt buyback, oil rally set Angola apart from African peers

Oil, miniatures of oil barrels, oil pump jack and U.S. dollar banknote are seen in this illustration

What Africa can learn from Kenyaโ€™s $820 million KPC IPO

KPC Kenya Pipeline Company

Nigeria eyes overhaul of shareholding rules to unlock stock market liquidity

A low angle shot of a stock exchange building

Iran war complicates Senegalโ€™s bid to return to global capital markets

Financial charts depicting price movements in the stock market.

Ghana leads African stock market rally in 2025 with 134% surge

Man raising hand with stock market figures in background

Rate-hike fears trigger worst South African bond sell-off in six years

U.S. dollar banknotes are seen in this illustration taken May 4, 2025.

Ethiopiaโ€™s Stock Exchange bets on mobile to attract retail investors

Traders at the Ethiopian Securities Exchange

Best performing stocks across Africaโ€™s major exchanges in 2026

Financial charts depicting price movements in the stock market.

Foreign investors drive $1.97bn surge on Nigerian Exchange, highest in 19 years

NGX

Africaโ€™s cement giants are continental in scale, but not in profits

Cement Africa

Kenyaโ€™s $825m Pipeline IPO gets three-day lifeline amid slow uptake

The image shows the Nairobi Securities Exchange (NSE) trading bell, a symbol of the start or close of a trading session.

Ghana pays $909 million interest in domestic debt exchange programme

A hand holding and fanning out lower-denomination Ghana cedi banknotes, displaying their design and colours.

Guinea Insurance seeks $4.2m in rights issue to meet Nigeriaโ€™s recapitalisation rules

A wide shot image of a Guinea Insurance office in Nigeria

DR Congo eyes debut $750m Eurobond as conflict tests investor appetite

Members of the M23 rebel group ride on their vehicles after the opening ceremony of Caisse Generale d'epargne du Congo in Goma, North Kivu province in the East of the DRC




















Zimbabweโ€™s dollar exchange overtakes main bourse with $3.8bn valuation

The crossover was driven by Zimbabweโ€™s largest-ever listing, as telecoms tycoon Strive Masiyiwa moved infrastructure spin-off Econet InfraCo to the dollar exchange at a $1 billion valuation.

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Rwanda raises $251m in first World Bank dual-guarantee deal

The transaction comes as credit rating agencies maintain a stable outlook on Rwanda, with Fitch and Moodyโ€™s both signalling improving fiscal metrics and continued reform momentum.

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Dangote refinery launches bold pan-African IPO push

Aliko Dangote is set to list shares of his $20 billion Dangote Petroleum Refinery on multiple African stock exchanges, marking a pivotal move for regional capital market integration.

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DRC debut Eurobond attracts $5.2bn demand, pricing tighter than expected

The bond was issued in two tranches, with coupons set at 8.75% and 9.5%, reflecting lower-than-expected yields as strong demand enabled the sovereign to lower borrowing costs.

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Afreximbankโ€™s Fitch downgrade exposes a deep rift in global finance judgments

In January 2026, Fitch Ratings downgraded the African Export-Import Bank to BB+ (Junk status). Not long after, it withdrew its ratings. Ordinarily, this episode might have looked like a routine credit event. Rating agencies reassess risk all the time.

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How Ghanaโ€™s gold boom made it the best performing stock market in 2025

In 2023, Ghanaโ€™s economy was in distress. The Ghanaian cedi had lost much of its value, inflation was running hot, and a sovereign debt crisis had forced the government into restructuring. For investors, the story was simple: stay away.

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A $1.75bn debt buyback, oil rally set Angola apart from African peers

Angola is moving to strengthen its debt profile and capitalise on soaring oil prices, launching a $1.75 billion debt buyback alongside plans for new dollar-denominated bond sales

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What Africa can learn from Kenyaโ€™s $820 million KPC IPO

Kenya has raised $820 million from the IPO of its state-owned pipeline company โ€” a first for Africa’s oil and gas sector, and a template for how governments can unlock capital without losing control.

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Nigeria eyes overhaul of shareholding rules to unlock stock market liquidity

At the heart of the reform push is a structural imbalance: many of Nigeriaโ€™s largest listed firms remain dominated by founding shareholders or core investors, leaving only a small fraction of shares available for trading on the open market

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Iran war complicates Senegalโ€™s bid to return to global capital markets

Shut out of global markets, Senegal is increasingly turning to the regional WAEMU debt market, raising billions in CFA franc bonds to finance its budget and ease short-term fiscal pressures.

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Ghana leads African stock market rally in 2025 with 134% surge

African equities entered 2025 with caution. Inflation was still biting in several economies, currencies were volatile, and foreign investors remained selective about frontier exposure.

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Rate-hike fears trigger worst South African bond sell-off in six years

Yields on South Africaโ€™s benchmark 10-year government bond surged by 36 basis points on Monday, extending a rapid climb that has taken place over the past 10 days

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Ethiopiaโ€™s Stock Exchange bets on mobile to attract retail investors

Neway enables users to open brokerage accounts remotely, view real-time market data, place buy and sell orders, execute trades, and monitor portfoliosโ€”all from smartphones

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Best performing stocks across Africaโ€™s major exchanges in 2026

African equities are outperforming global frontier markets in 2026, with Nigeria and Tanzania leading gains as commodity producers, financial firms and small-cap stocks power returns.

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Foreign investors drive $1.97bn surge on Nigerian Exchange, highest in 19 years

In a striking turnaround that few would have predicted just a few years ago, foreign investors are pouring back into Nigeriaโ€™s equities market with unprecedented force. International deal volumes on the Nigerian Exchange (NGX) surged to a staggering $1.97 billion.

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Africaโ€™s cement giants are continental in scale, but not in profits

Africaโ€™s cement capacity spans the continent, but 2024 results show profits concentrated in Nigeria and Morocco, exposing sharp regional divides in margins and resilience.

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Kenyaโ€™s $825m Pipeline IPO gets three-day lifeline amid slow uptake

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%.

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Ghana pays $909 million interest in domestic debt exchange programme

Ghana announced the successful distribution of $ 909 million interest payment to DDEP bond holders. The move is expected to renew investor confidence in Ghanaโ€™s fiscal capacity as the country prepares to re-enter the domestic bond market.

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Guinea Insurance seeks $4.2m in rights issue to meet Nigeriaโ€™s recapitalisation rules

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.

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DR Congo eyes debut $750m Eurobond as conflict tests investor appetite

Analysts say transaction will serve as a litmus test of whether investors are willing to look past conflict risks and buy into the countryโ€™s long-term growth story

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