Africa ETP News
you are currently viewing::Retail revolution on Nairobi ExchangeFebruary 13, 2026--The number of equity trades every day has been doubling or tripling on the Nairobi Securities Exchange after Safaricom launched its retail-focused Ziidi trading platform. The platform opens buying and selling shares to nearly 38 million active subscribers of Safaricom's M-PESA mobile money platform and strips layers of form-filling and investment minimums. The daily number of deals has soared since pilot trading started on Ziidi on 5 February. There were 24,357 trades yesterday 12 February (according to the Nairobi Securities Exchange daily report) and 25,773 trades in equities on 11 February, the highest ever recorded on the Nairobi bourse. Ziidi started piloting on 5 February and reporter Harry Njuguna writes in the excellent Kenyan Wall Street: "Activity jumped to 8,713 deals on day one, accelerated to 12,893 on 6 February, reached 14,300 on 9 February, and touched 15,700 mid-session on 11 February before closing even higher." Source: africancapitalmarketsnews.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.
African markets news roundup
September 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
The share sale of 10% of the shares in Standard Bank de Angola concluded successfully on 25 September.
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.
