Africa ETP News
you are currently viewing::African markets news roundupSeptember 28, 2026-The African exchanges are keeping busy, and a dynamic African firm is also boosting the mood on the London Stock Exchange
Standard Bank Angola due to list 30 September after IPO
According to a news report, demand far exceeded the number of shares on offer. All seems to be on track for the bank to list on the Angola's securities exchange, Bolsa de Divida e Valores de Angola (BODIVA), on 30 September. The Government of Angola launched the sale of a total 34% of the shares of on 11 September in an IPO. The sale is 10% of the total shares to the public, and 24% to Standard Bank in South Africa, which currently owns 51% of the shares and has the right to buy another 24% of shares. If all the shares were subscribed, it could raise AOA 196bn ($213m) to 238bn ($259m) for the Government. Source: allafrica.com |
South African rand extends losses before local economic releases
September 29, 2026--The South African rand extended the previous session's losses in early trade on Tuesday as higher oil prices weighed on sentiment, while investors waited for domestic economic data for clues on the health of Africa's largest economy.
FNBT40 -Listing of Additional FNB Top 40 ETF Securities
September 29, 2026--The JSE Limited has approved the listing of an additional 300 000 FNB Top 40 ETF securities with effect from commencement of business on Friday, 02 October 2026, at an issue price of R102.8368 per security.
Africa's Mineral Strength Is Wasted If Countries Don't Work Together-New Report
September 27, 2026-Green technologies are mineral-intensive: electric vehicles, batteries, solar panels, wind turbines and grids need cobalt, lithium, copper, manganese, graphite and rare earths. The International Energy Agency estimates that electric cars require six times more minerals than a petrol or diesel car.
Up to $1bn could flow to Nigeria as NGX rejoins Frontier Index on 21 September
September 4, 2026-Equity trading on the Nigerian Exchange (NGX) was buzzing early on 4 September ahead of the exchange’s return to the FTSE Russell Frontier Markets Index, effective from market open on 21 September. The inclusion was confirmed by the index company, part of the London Stock Exchange Group, in a market notice published on 27 August.
What's driving performance at Africa's top 10 exchanges?
August 21, 2026-Africa's securities exchanges have been climbing sharply in 2025 and still in 2026. Although this article is delayed, it’s interesting to delve into what is driving this outperformance.
Share prices on most African exchanges have soared for local investors, while the strong performance of many currencies against the US dollar have made investors who count gains in USD are also happy.
South Africa business confidence largely unchanged in Q3, survey shows
September 2, 2026--South African business confidence remained largely unchanged in the third quarter of 2026, data showed on Wednesday, as companies await favourable conditions against the backdrop of geopolitical uncertainties stemming from the Iran war.
West Africa growth projected at 4.6% in 2026, remains resilient-AfDB Regional Economic Outlook Report
August 10, 2026---Câte d'Ivoire remains largest economy in the West African Economic and Monetary Union (WAEMU), expected to grow by 6.5% in 2025
West Africa demonstrated economic resilience in 2025, recording growth of 4.8%, above the continental average of 4.4%, amid geopolitical tensions, insecurity in parts of the region, increasing fragmentation of the global economy and heightened volatility in international financial markets.
Africa: 'Nigeria's Fintech Ecosystem Has Become One of Africa's Largest'
August 10, 2026---Chairman of the House Committee on Insurance and Actuarial Matters, Ahamadu Usman Jaha, has said Nigeria's fintech ecosystem has become one of the largest in Africa, noting that the country's growing payment ecosystem continues to attract significant investment.
Africa: Zimbabwe Overtakes Nigeria As Africa's Best-Performing Stock Market
August 6, 2026--Zimbabwe ended last month as Africa's best-performing equity market, overtaking Nigeria, the continent's most populous nation, after months of sustained gains driven by easing inflation, a more stable domestic currency, and renewed investor appetite for local equities.
Nairobi Securities Exchange Plans East Africa's First AI ETF- But Its CEO Is Watching for a Bubble
August 5, 2026--The Nairobi Securities Exchange is building East Africa's first exchange traded fund focused on AI stocks, with plans to offer it to investors before year-end- though its chief executive says the launch could be delayed if the global AI rally starts to look overdone.
