AFRICAN MARKETS
Kenya Airways shares suspension extended for another year
By Lynette Mukami | Nation Media Group Also available: FR Published: January 05, 2023 11:18 AM The Capital Markets Authority (CMA) has extended ...
AFRICAN MARKETS
Ethereum surpasses Bitcoin in transaction volume for the year 2022
By Ajibola Akamo | Nairametrics Published: January 05, 2023 11:10 PM The total transactions on the Ethereum network tore through that of Bitcoin ...
AFRICAN MARKETS
Kenya: Foreign investors pull out Sh24 billion from NSE in 2022
Foreign investors yanked Sh23.9 billion out of the Nairobi Securities Exchange (NSE) in 2022, the highest outflows in three years, as they took ...
AFRICAN MARKETS
Fitch Downgrades Ethiopia to ‘CCC-‘; Removes From UCO
Fitch Ratings has downgraded Ethiopia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC-' from 'CCC'. Fitch typically does not assign Outlooks to sovereigns ...
AFRICAN MARKETS
Fitch Downgrades 3 Kenyan Banks to ‘B’ on Sovereign Downgrade
By Fitch Ratings Published: December 21, 2022 7:01 PM Fitch Ratings has downgraded three Kenyan commercial banks' and two bank holding companies' (BHCs) ...
AFRICAN MARKETS
Fitch Downgrades Ghana’s LTFC IDR to ‘C’
Fitch Ratings has downgraded Ghana's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to 'C' from 'CC' as well as the issue ratings on ...
AFRICAN MARKETS
Zimbabwe Stock Exchange halts trading Lafarge shares for undisclosed reasons
By Alois Vinga | NewZimbabwe.com Published: December 26, 2022 7:25 PM THE Zimbabwe Stock Exchange (ZSE) says it has halted the trading of ...
AFRICAN MARKETS
Zimbabwe: Karo to list first bond on VFEX
Plans initiated by Karo Mining Holdings (KMH) are underway to list a first-of-its-kind US dollar fixed income instrument on the Victoria Falls Stock ...
AFRICAN MARKETS
Egyptian Exchange unveils details of Vodacom’s offer to buy minority stake in Vodafone Egypt
By Arab Finance Published: December 19, 2022 9:35 PM The Egyptian Exchange (EGX) announced the details of the submitted offer by Vodacom Group ...
AFRICAN MARKETS
African Securities Exchange Association launches AELP E-Platform linking seven African capital markets with $1.5 trillion market capitalization
The African Exchanges Linkage Project (AELP) has launched an e-platform (The AELP Link), enabling seamless cross-border securities trading among seven African stock exchanges ...
