African markets

AFSIC – Investing in Africa

AFSIC is considered the largest annual event bringing together African investors and investments taking place outside Africa and has become one of the most important investment channels in Africa. With the support of AFSIC’s sophisticated African Investment Dashboard, AFSIC is fully focused on bringing together African business leaders and Africa’s most important investors and negotiators […]

African markets

Dean Akinjobi at BOSE: Betting Companies Should Look to African Markets to Engage Audiences

Following the revisions of the Gambling Act of 2005, an increase in sponsorship in the digital space is starting to emerge. Speaking to SBC reporter Jessie Sale at Betting on Sports Europe, Dean Akinjobi, CEO of Football media, shared his thoughts that if a sports betting sponsorship ban takes place, these companies will need to […]

African markets

Binance Gets Entry into Gulf and African Markets Via Bahrain

Binance is set to enter the Gulf region following approvals from Bahrain. The main cryptocurrency exchange can now be a legal cryptocurrency service provider in the country after recently received in-principle consent from the Central Bank of Bahrain (CBB). The green light for the world’s first stock exchange also marks a milestone, signaling its first […]

African markets

Kenya: Treasury to issue new Eurobond next week

Kenya plans to launch two new Eurobonds over the next six months to fund the budget and repay part of the first sovereign bond borrowed in 2014. The Treasury told the International Monetary Fund (IMF) that it plans to launch an issue before the end of this month as part of the external component of […]

African markets

Pipit Global enters 12 new African markets with Cellulant

Download logo Pipit Global international cash payment platform and pan-African payment company Cellulant (https://Cellulant.io/) extended their partnership agreement to eighteen countries in sub-Saharan Africa. The partnership will see the companies providing B2B and B2C payment services to existing and emerging financial institutions, e-commerce merchants, billers and billing platforms, mobile money providers and e-wallets, providers of […]

African markets

Wolftank operates successfully in African markets thanks to strong partners

Wolftank industrial coatings have been used on the African continent for many years thanks to a strong network of distribution partners. In countries like Morocco, Nigeria, Egypt and many others in the South, Wolftank solutions are often requested by both large energy companies and local retailers. Wolftank, a global partner Wolftank provides its industrial coating […]

African markets

Meikles postpones plans to list on the Tanganda Zimbabwe Stock Exchange

Through The ZW Chronicle Posted: December 13, 2021 4:21 PM DIVERSIFIED Group, Meikles Limited (ZSE: MEIK) said on Friday plans to unbundle and list its subsidiary Tanganda Tea Company on the Zimbabwe Stock Exchange (ZSE) pending an agreement with the Zimbabwe Revenue Authority (Zimra) on the tax on capital gains. Tanganda, the country’s largest tea […]

African markets

Bindura Nickel Corporation exits Zimbabwe Stock Exchange and considers listing on VFEX

ZIMBABWE’s largest nickel mine, Bindura Nickel Corporation (ZSE: CONNECT) the shares will cease trading on the Zimbabwe Stock Exchange (ZSE) today to allow a smooth migration process to the Victoria Falls Stock Exchange (VFEX) denominated in US dollars. BNC is expected to be listed on VFEX on December 19, 2021, subject to shareholder approval at […]

African markets

Kenya: mobile loan rates now under CBK control

The Central Bank of Kenya (CBK) will start controlling interest rates on digital loans under a new law that aims to protect Kenyan borrowers from predatory lending. President Uhuru Kenyatta enacted the Central Bank Law of 2021 on Tuesday afternoon, making legal changes that for the first time put digital lenders under the supervision of […]

African markets

Treat yourself as MTN Uganda goes public

About 21,394 people in Uganda became shareholders of MTN Uganda (USE: MTNU) following the conclusion of the company’s initial public offer (IPO). MTN Uganda was listed on the Uganda Securities Exchange (USE) yesterday after raising Shs 535.9 billion (or $ 151 million) when it went public. This represents 60% of its target amount after the […]