A State Pension Fund Takes Balwin Private in the Latest JSE Exit
Another JSE delisting: Balwin shareholders backed a Public Investment Corporation-led buyout at R4.35 a share, far below the developer's stated...
August 18, 2026Topic
African markets
Nairobi Securities Exchange Hits US$31 Billion Market Cap
The Nairobi Securities Exchange has passed Sh4 trillion, about US$31 billion, for the first time, driven by domestic institutional money.
August 4, 2026
Zambia Election Puts US$13 Billion Debt Recovery to the Test
The Zambia election on 13 August tests a debt recovery that cut inflation to 6.5%, while copper output rose just...
August 3, 2026
Nigeria’s Market Is Being Sold Off to Buy Into Dangote
Dangote's refinery IPO joins the NGX All-Share at a US$40–50B valuation. Why Nigerian investors are selling winners to raise subscription...
August 3, 2026
Angola’s New Shareholders Watched Unitel Go Dark
The Unitel cyberattack cut Angola's mobile network for four days, days after 11,264 new shareholders bought into the country's largest...
August 3, 2026
Ghana Debt Distress Ends as IMF Exits Bailout with US$371M
The Ghana debt distress upgrade: the IMF moved the country to moderate risk and released a final US$371 million, closing...
July 30, 2026
Angola’s Biggest IPO Raises US$321 Million on Unitel
The Angola Unitel IPO raised 300.3 billion kwanzas, about US$321 million, priced at the top of its range with more...
July 30, 2026
Kenya T-Bills Draw US$1.4 Billion as Investors Bet on Rates
Investors poured US$1.4bn into Kenya's 91-day Treasury bills in 10 weeks, betting on higher rates and leaving the Treasury a...
July 29, 2026
Vodacom Takes Control of Safaricom in a $2.1 Billion Deal
The Vodacom Safaricom deal closed on June 30: $2.1 billion gives the South African group 55% of East Africa's most...
July 5, 2026