Dangote Refinery Wins SEC Approval, Sets Price at $0.40
The company will offer 4.1 billion ordinary shares to retail and institutional investors at an indicative price of N525 ($0.40) per share
African stock market news, company analysis and practical investing insights covering the JSE, NGX, NSE, GSE and markets across the continent.
The company will offer 4.1 billion ordinary shares to retail and institutional investors at an indicative price of N525 ($0.40) per share
The initial public offering of Nigeria's Dangote refinery, the largest on the continent, will open in the next 10 to 12 days, owner Aliko Dangote
Capitec, South Africa’s largest digital bank, is set to begin trading its ordinary shares on A2X Markets on Monday, September 7, 2026
Global index provider FTSE Russell has officially included 31 Nigerian equities across Large, Mid, and Small Cap categories in its FTSE Frontier Index
The Johannesburg Stock Exchange (JSE), in conjunction with FTSE Russell, has announced the latest quarterly index review changes across the FTSE/JSE Index
Four corporate entities listed on the Nigerian Exchange (NGX) have announced crucial dividend qualification dates spanning September and October 2026.
Bidding pressure was heavily concentrated on longer-dated papers to lock in attractive returns exceeding 21% on an annualized true-yield basis
FTSE Russell has formally confirmed that Nigeria’s reclassification to "Frontier Market" status will take effect on September 21, 2026.
OPay is considering to list its shares on the Nigerian Exchange (NGX) in a move that could rank among the most significant technology stock offerings
Global index provider FTSE Russell is set to move forward with the reclassification of Nigeria from "Unclassified" to "Frontier Market" status
Rwandan President Paul Kagame has confirmed that Kigali is engaged in preliminary discussions to acquire an equity stake in Dangote Refinery
NGX has experienced an extended wave of profit-taking selloffs, pulling the benchmark NGX All-Share Index (ASI) below the 240,000-point mark
The Central Bank of Nigeria (CBN) is scheduled to offer N700 billion in Treasury bills at its upcoming primary market auction on Wednesday.
The Nigerian equities market extended its bearish trajectory for an 11th consecutive session on Monday, August 24, 2026, shedding N137.12 billion
Fidelity Bank emerged as the biggest large-cap decliner, dropping 6.59%, while First HoldCo shed 5.71% to close at N132.00 per share (a loss of N8.00).
Dangote Petroleum Refinery & Petrochemicals has achieved a milestone after securing a $1 billion ahead of its anticipated Initial Public Offering (IPO).
The CBN opened OMO investing to retail investors. Could this be the reason for the NGX Sell Off?
Telecom giant Airtel Africa Plc has delivered a remarkable 177.53% year-to-date (YTD) climbing from its opening price of N2,270 to hit N6,300 per share
The Nigerian Exchange (NGX) is set to implement a revised pricing methodology for equities trading from Monday, August 17, 2026
Dangote Sugar Refinery Plc has successfully raised N485.9 billion through its Rights Issue after investors fully subscribed to the offer.
The Nigerian equities market closed lower for a fifth consecutive trading session on Friday, August 14, 2026, extending a weekly downturn
NGX extended its pullback for a second consecutive session on Wednesday as aggressive profit-taking across consumer good erased N1.76 trillion
Shares of South African technology investor Naspers Ltd (JSE: NPN) experienced sharp selling pressure, dropping 11.5% to fall back below the R810 level.
The Central Bank of Nigeria (CBN) increased the discount rate on 364-day Nigerian Treasury Bills (NTB) to 17.59% at its midweek primary market auction
Kenya’s first local Exchange Traded Fund is set to debut on the Nairobi Securities Exchange after receiving regulatory approval
The stock market value of MTN Nigeria Plc.’s 20.995 billion outstanding shares fell by about 5% on Tuesday to N16.901 trillion as investors booked profits
The Nigerian equities market snapped its four-session winning streak on Tuesday, August 11, 2026, as targeted profit-taking in mega-cap stocks
The Nigerian Exchange (NGX) market capitalisation and All-Share Index surged on Monday as investors gained more than N1.91 trillion due to buying interest
The Johannesburg Stock Exchange (JSE) capped off a remarkably strong trading session for the week ended August 7, 2026, driven primarily by gold miners
The Nairobi Securities Exchange (NSE) closed the week ended August 7, 2026, on a positive trajectory, anchored by selective buying interest across banking
The Nigerian equities market closed on a positive note for the week ended August 7, 2026
FirstHoldCo Valuation Crosses N6.8 Trillion Following Femi Otedola's N18 Billion Share Acquisition Shares of First HoldCo Plc surged to an all-time high
The Greenwich Alpha ETF delivered the strongest monthly performance among (ETFs) listed on the Nigerian Exchange (NGX) in July 2026, gaining 30.41%
The Nigerian equities market closed marginally higher on Wednesday, August 5, 2026, gaining N70.62 billion in market capitalization.
Dangote Petroleum Refinery is preparing to execute a landmark $5 billion initial public offering (IPO) targeted for completion by October 2026.
The Nigerian equities market staged a strong recovery in July 2026, with the benchmark NGX All-Share Index gaining 6.92% month-on-month
AVA Capital Plc will be admitted to the Nigerian Exchange Limited (NGX) by way of Listing by Introduction on July 31, 2026.
First HoldCo Plc has approved a new dividend policy committing to distribute at least 60% of its annual profit after tax (PAT) to shareholder
The Central Bank of Nigeria (CBN) further chopped the discount rate on Nigerian Treasury bills with a 364-day maturity
As the Nigerian stock market enters August, investor attention is focusing on key opportunities in oil and gas, commercial banking
The Nigerian Exchange (NGX) All-Share Index (ASI) fell due to sell pressure in mid- and large-cap stocks, including Access Holdings (-7.53%)
We’ve partnered with GetEquity, a Nigeria’s Securities and Exchange Commission (SEC) platform that provides access to the Nigerian commercial paper market.
The Nairobi Securities Exchange (NSE) ended the week on July 24, 2026, on a positive trajectory, anchored by strong demand across manufacturing, insurance
The South African equities market closed the week ended July 24, 2026, on a resilient note, driven by strong buying interest across key mining giants
The Nigerian equities market ended the week on a firmly positive note with the benchmark All Share Index rising by 1.6% to close at 247,357.40 points
In a historic moment the Nairobi Securities Exchange (NSE) 20 Share Index has officially shattered the 4,000-point ceiling, closing at 4,006.42 points.
Indexa Exchange Group officially activated the Africa Tech 50 Index (AT50) at the Johannesburg Stock Exchange (JSE)
Dangote Petroleum Refinery has successfully closed a $2.5 billion private placement ahead of a highly anticipated initial public offering (IPO) planned
Ghana's stock exchange is the second best performing exchange in the world this year. (Up nearly 70%, just behind Korea).
The Nigerian equities market shed a whopping N1.32 trillion on Monday and Tuesday, extending Friday’s marginal decline as sell pressure across 46 stocks
Companies like Unilever CI, Tractafric Motors CI, and Société Générale CI report notable profit changes
….ASI holds at 243,954.45 points but advances 6.35% week-on-week while market capitalization gains N9.34 trillion to settle at N156.44 trillion.
S&P Dow Jones Indices (S&P DJI) has placed Nigeria on its 2027 watchlist for a potential reclassification as a “Frontier” market
NGX ASI rises 1.24% to 237,083.28 points; YTD return strengthens to 52.35% as all five sectors close higher
President William Ruto has assented to the Sovereign Wealth Fund Bill into law following a signing ceremony held at State House
The Ethiopian Securities Exchange (ESX) has announced that four companies have received Approval in Principle to list on its Main Market.
United Bank for Africa (UBA) Plc has announced that its Group Chairman, Tony O. Elumelu, will retire from the Board of Directors on August 21, 2026
The first half of 2026 (H1 2026) was an exceptionally strong period for the Nigerian Exchange (NGX), with the All-Share Index advancing by 47.43%
Oando Plc and Transcorp Plc have been evicted from the NGX 30 Index by the Nigerian Exchange (NGX) Limited in the 2026 half-year review of market indices.
Dangote Cement Declares Record N753.8bn Dividend, Pays N45 Per Share Dangote Cement Declares Record N753.8bn Dividend, Pays N45 Per Share
Botswana-based pan-African microlender Letshego Africa is officially streamlining its footprint exiting its East and West Africa businesses
Nigeria’s equities market suffered another bruising session on Monday, with the benchmark NGX (ASI) plunging 1.57% to close at 228,401.92 points.
Egypt Lists 3 Natl. Petroleum Coys on EGX, Nairobi SE Lists $-Denominated Green REIT
The benchmark FTSE/JSE All Share Index (ALSI) slid 0.60% week-on-week to settle at 110,231 index points, erasing key gains made earlier in the month.
Nigerian equities faced a bruising week as a wave of profit-taking swept through the oil and gas, industrial, and insurance sectors.
The final full week of June 2026 has carved out a historic milestone in African stock markets
South Africa’s fixed-income infrastructure took a significant step forward this week with the launch of a new Spread Trading order Bond ETP
After seven years without a meaningful new listing, three companies have floated in six months and raised more than GHS 2.1 billion between them.
Nigeria’s bond, T-bill market turnover surge 137.49% amid sharp rise in yields
Brewing giant Anheuser-Busch InBev (AB InBev) has repurchased a further 525,297 of its own shares
Nigeria's equities market kept its recovery going for a second straight session on Tuesday
Family Bank has officially joined the Nairobi Securities Exchange (NSE), ringing the bell on June 23, 2026 to mark the largest private-sector listing
The Johannesburg Stock Exchange (JSE) closed the third week of June 2026 in positive territory, with every headline index posting weekly gains
The Ministry of Finance and the World Bank Group member signed a partnership agreement aimed at development of the planned Kinshasa Stock Exchange.
Le gouvernement de la République démocratique du Congo (RDC) cherche à accélérer le développement de son marché des capitaux
The (NSE) wrapped up the third week of June 2026 on a high, posting its strongest week since February
The Nigerian equities market wrapped up the third week of June 2026 firmly in the red
With Nigeria’s stock market heading into the second half of 2026 amid a sharp correction that has wiped over 16,500 points off the All-Share Index
The Nigerian Exchange (NGX) is overhauling the way share prices respond to trading activity, rolling out new rules that set minimum volume thresholds
The Nigerian equities market extended its losing streak on Wednesday as aggressive selloffs in Geregu Power, Okomu Oil Palm, and other heavyweight counters
The Johannesburg Stock Exchange navigated a constructive week, with the FTSE/JSE All Share Index (ALSI) trading in the 110,000–112,000 band
Nigerian equities delivered a positive week overall, with the NGX All-Share Index closing at 244,738.74 points — a weekly gain of just over 1%
The Dangote Petroleum Refinery is seeking to raise approximately $1 billion through a private placement that values the company at $39.1 billion, according to an Information Memorandum reviewed by Nairametrics.
Nigerian and global markets experienced a broad-based selloff this week, driven by a significant macro shock that rattled equities, commodities, and digital assets simultaneously.
On 26 May 2026, Ethio Telecom S.C. (ticker: TELE) made history as the first state-owned enterprise (SOE) to list on the Ethiopian Securities Exchange (ESX), marking a watershed moment for African capital markets and retail investment on the continent
Africa's richest man, Aliko Dangote, is eyeing a secondary listing for Dangote Cement on the London Stock Exchange, with September as the target date.
French media and entertainment giant Canal+ is set to list on the Johannesburg Stock Exchange (JSE) today, Wednesday, June 3, 2026, becoming the first French company ever to trade on Africa’s largest stock exchange.
Twelve companies listed on the Nigerian Exchange are set to put cash in shareholders’ pockets in June 2026, which highlights the breadth of income-generating stocks available on the Nigerian equities market.
The Central Securities Clearing System (CSCS) Plc has officially launched Nigeria's T+1 settlement cycle, completing the country's transition from a two-day settlement framework and aligning the Nigerian capital market with some of the world's most advanced financial markets.
Nigeria’s Dangote Group is targeting a September initial public offering (IPO) of its oil refinery business, billionaire founder Aliko Dangote told reporters in comments aired on Arise Television on Thursday, raising funds that could help it to expand capacity
The Ghana Stock Exchange (GSE) Composite Index returned 48.91% in the first quarter of 2026, lifted by easing inflation, macroeconomic stability, and surging trading across equities and fixed income markets.
Africa's first profitable standalone digital bank is preparing for one of the most consequential public listings the continent's financial sector has seen in years.
Africa Bitcoin Corporation (ABC) will transfer its listing from the JSE AltX to the JSE Main Board — a milestone that signals more than a change of category. It signals institutional maturity.
Standard Bank is making headlines as its stock experiences a surge on the Johannesburg Stock Exchange (JSE), driven by a monumental equity transaction and strategic expansion plans across Africa.
South African President Cyril Ramaphosa said on Monday in an address to the nation that he was not resigning, after the constitutional court last week revived impeachment proceedings against him over a scandal dubbed “Farmgate” by local media.
The Nigerian Exchange closed Friday, 8 May 2026 in the green, advancing 4,936.03 points to settle at 244,670.65, reflecting broad-based positive sentiment across listed equities.
The anticipated Dangote IPO is already shaping up to become one of the biggest financial events in African capital markets history.
The challenge for most African retail investors isn't awareness — it's access. mystocks.africa is built to remove those barriers.
The Johannesburg Stock Exchange (JSE) has successfully executed a R3 billion quanto barrier option transaction via its Can-Do Platform, reinforcing its position as a leading hub for sophisticated derivatives trading in emerging markets.
OPay, the Nigerian-rooted fintech backed by SoftBank's Vision Fund, is taking its most ambitious step yet — a public listing in the United States.
Africa's equity markets are poised for a robust 2026, with analysts projecting 15 or more initial public offerings (IPOs) that could mobilize $3 billion to $5 billion in fresh capital.
Airtel Money, the mobile financial services arm of Airtel Africa (NGX: AIRTELAFRI), is edging closer to a stock market debut that could reshape the African fintech investment landscape.
The global media group will become the first French company with a secondary listing on the Johannesburg bourse.
Johannesburg Stock Exchange (JSE) is set for a softer opening following a sluggish prior close, with Asian markets broadly lower and Tencent down 0.46%, offering a slightly negative read-through for Naspers and Prosus.
Exchange Traded Funds (ETFs) listed on the Nigerian Exchange (NGX) recorded a broadly negative performance in the week ended April 24, 2026, with the SIAML Pension ETF 40 leading the losers after plunging 40.29% to N7,343.15, as all tracked ETFs closed in the red.
First Mutual Holdings Limited has announced the listing of the First Mutual Wealth Gold Exchange Traded Fund (FMWG ETF) on the Victoria Falls Stock Exchange, denominated entirely in US dollars
The Nigerian Exchange closed the week ended April 24, 2026, in positive territory, gaining 8,554.92 points to settle at 225,722.49 points and extending its strong upward momentum.
ZEN Petroleum Holdings PLC has officially listed on the Ghana Stock Exchange under the ticker symbol ZEN — marking one of the largest listings by an indigenous downstream petroleum company on the GSE in recent years
Capitec Bank Says FY Headline Earnings Per Share Increased By 23% To 14 606 Cents Per Share
At the heart of Nasdaq in New York, the Regional Stock Exchange (BRVM) held a strategic edition of the BRVM Investment Days on April 21, 2026
The Nigerian Exchange Limited (NGX) has announced the extension of its daily trading hours to 4:00 p.m., marking a major shift aimed at improving liquidity and investor participation in the Nigerian capital market.
The Nigerian All-Share Index (ASI) closed at an all-time high of 218,113.84 points on April 20, 2026, gaining 0.44% from its opening level of 217,167.57 points.
Seplat Energy has made history as the first NGX stock to cross the ₦10,000 share price🔥
Analysts value the business at between $40 billion and $50 billion, with the IPO expected to raise up to $5 billion through the sale of a minority stake of between 5% and 10%, positioning it as one of the most significant capital market transactions in Africa's history.
Casablanca Stock Exchange launches futures market and clearing house to align with international standards
In a landmark transaction for Zimbabwe’s financial sector, billionaire Strive Masiyiwa’s Econet InfraCo has officially commenced trading on the Victoria Falls Stock Exchange (VFEX).
The Dangote Group has appointed Stanbic IBTC Capital, Vetiva Capital Management and FirstCap to lead the planned initial public offering of Dangote Petroleum Refinery & Petrochemicals on the Nigerian Exchange (NGX).
A new company made its debut on the Lusaka Securities Exchange on March 24, 2026: Klapton Reinsurance Plc (Klapton Re), a reinsurance player that opted for a direct listing rather than a traditional IPO.
The Johannesburg Stock Exchange (JSE) has listed the Prescient China Balanced Feeder Actively Managed Exchange Traded Fund (AMETF), trading under the ticker PANDA. The fund is the first actively managed ETF in South Africa designed specifically to provide investors with exposure to Chinese markets.
A Nigerian poultry and fish farm just did 1,000% in 20 days. 🐔🐟 I need someone to explain this to me. Slowly.
The suspension of trading in the shares of Zichis Agro-Allied Industries Plc by the Nigerian Exchange Limited (NGX) has now entered its third week, as regulators continue investigating the company’s extraordinary 800% price rally within one month of listing.
The Johannesburg Stock Exchange has marked its first Main Board admission of 2026 with the inward secondary listing of Aimia Inc., a Toronto headquartered diversified investment group listed on the TSX and now trading on the JSE under the code AII.
The Nigerian Exchange Limited (NGX) has recorded its first-ever Commercial Paper (CP) listing, admitting Dangote Cement Plc’s N119.87 billion issuance to its platform on Wednesday, February 18, 2026.
GTCO leads value as All-Share Index breaches 193,000, records 61,953 deals
Econet Wireless Zimbabwe Limited (“Econet” or “the Company”) remains in engagements with the Zimbabwe Stock Exchange with a view to publishing a circular to shareholders in relation to the proposed voluntary delisting of the Company
Nigerian stocks have delivered the world’s second-best dollar returns this year, climbing 31% in 2026 and recovering $21 billion in market value lost following a sharp naira devaluation in 2024.
The Kenyan government has officially launched a search for a strategic investor to inject between $1.2 billion and $2 billion into Kenya Airways (KQ) as part of a major restructuring to end reliance on public funds
Shares of Aradel Holdings Plc have surged past the N1,000 mark for the first time ever, closing at N1,096.70 per unit on 16th February 2026.
SpaceX and xAI are in discussions to merge ahead of SpaceX's planned IPO, according to a Reuters report.