Moody’s has assigned the Emerging Africa Infrastructure Fund (EAIF) a foreign currency long-term issuer rating of A2 with a stable outlook.
Markets & Industry News
Fitch Ratings has downgraded Ghana's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to 'CCC' from 'B-'.
AFEX, Nigeria’s commodities exchange and commodities market player, announces its expansion into Kenya, following a successful pilot phase in the most diversified economy in East Africa.
Standard Bank has launched Africa Trade Barometer, which is expected to become Africa’s leading trade index.
The Republic of Senegal, through the Société Nationale de Gestion et d’Exploitation du Patrimoine Bâti de l’État (SOGEPA SN), has sold XOF 330bn (around $525.4m) in three-tranche Sukuk Ijarah, attracting orders from regional and Middle Eastern investors.
The Investment Analysts Society has partnered with the Profile Group to create an investment portal that allows access to more market data and increases the network for IAS members.
Nigerian Exchange has launched West Africa’s first Exchange Traded Derivatives (ETD) Market, consistent with the Exchange’s commitment to develop the Nigerian capital market.
ESG integration is the leading investing for impact (IFI) strategy in Southern Africa and East Africa, attracting more than $320bn and $6.7bn in assets, respectively, according to the sixth edition of the African Investing for Impact Barometer (AIFIB).
The government of Cabo Verde has launched an AfDB-funded project to propel the development of capital markets in the country.
AFEX, Nigeria’s commodities market player and the country's first private sector commodities exchange, has reopened its $240m (₦100bn) Asset-Backed Commercial Paper (ABCP) to help stabilize Nigeria's agriculture sector.
The Private Infrastructure Development Group (PIDG), through its technical assistance (TA) offering, has announced it is supporting capital market reform studies, capacity building and documentation standardisation for bond issues in the West African Monetary Union (WAMU) region.
AFEX, Nigeria’s commodities market player, has announced a new $100m 10-year bond called The Food Security Fund (FSF).
Gaia Fund Managers, Fibonacci Managers and Kruger International Asset & Wealth Management, have announced the listing of South Africa’s first specialist real estate investment trust (REIT), investing in fibre optic network infrastructure on the Cape Town Stock Exchange (CTSE, formerly 4AX).
The Financial Action Task Force (FATF) has removed Mauritius from its grey list of countries under increased monitoring.