Bond trading rivals for Nairobi Securities Exchange
June 25, 2024--The Central Bank of Kenya's DhowCSD, a digital government bond trading platform, has reached a milestone of 80,000 investors, according to a report in Business Daily today (25 June). DhowCSD went live on 31 July 2023 and is designed to boost efficiency of investing in Treasury Bills and Treasury Bonds. |
CBK Governor, Dr. Kamau Thugge told Business Daily: "When we went live with DhowCSD, we had 40,000 accounts. Today, that number is somewhere between 80,000 and 90,000. In less than a year, the number of accounts has doubled. DhowCSD has brought convenience; previously, it would have been intimidating to go to the CBK for someone who doesn’t know where to start." |
South Africa: African Development Bank Country Focus Report highlights urgent need for economic transformation as GDP growth remains subdued July 4, 2025-African Development Bank calls for strategic reforms to unlock South Africa's $3 trillion capital potential
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Africa's Trade Projected to Hit $1.5 Trillion in 2025 July 1, 2025--Trade is set to expand at an average of 5.1 per cent a year through 2026, before quickening to 5.4 per cent by 2028. |
National stock exchange launched in Somalia June 26, 2025-The National Securities Exchange of Somalia (NSES) held its formal launch on 19 June 2025, according to this report on Xinhua. A coalition of local investors and financial experts established the exchange and it will start by operating as a private, self-regulatory organization, according to a statement issued in Mogadishu. The Central Bank of Somalia has pledged full technical support with the aim of ensuring international best practices are followed. |
East Africa's regional 20 share index June 24, 2025-The National Securities Exchange of Somalia (NSES) is joining the Somali Stock Exchange as a member of the East African Securities Exchanges Association (EASEA), which brings together the exchanges of Kenya, Rwanda, Somalia, Tanzania, Uganda and Ethiopia, as well as Burundi when that exchange will be launched. |