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Market Intelligence

African stock market news, company analysis and practical investing insights covering the JSE, NGX, NSE, GSE and markets across the continent.

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JSE Capitec Bank lists at ASX

Capitec, South Africa’s largest digital bank, is set to begin trading its ordinary shares on A2X Markets on Monday, September 7, 2026

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NGX Market Cap Tops N160trn

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

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The unspoken BRVM bull run

Companies like Unilever CI, Tractafric Motors CI, and Société Générale CI report notable profit changes

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Ghana’s GSE IPO Momentum

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.

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Family Bank's NSE Debut

Family Bank has officially joined the Nairobi Securities Exchange (NSE), ringing the bell on June 23, 2026 to mark the largest private-sector listing

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Kinshasa Stock Exchange coming soon

The Ministry of Finance and the World Bank Group member signed a partnership agreement aimed at development of the planned Kinshasa Stock Exchange.

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NGX up 50% in 2026

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

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Geregu, Okomu Oil drag NGX lower

The Nigerian equities market extended its losing streak on Wednesday as aggressive selloffs in Geregu Power, Okomu Oil Palm, and other heavyweight counters

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Ethio Telecom lists on Ethiopian Securities Exchange

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

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NGX launches T+1 settlement cycle

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.

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Dangote IPO Scheduled for September 2026

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

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GoTyme Bank Eyes USD 15 Billion IPO

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.

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Potential 2026 IPOs in Africa

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.

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Airtel Money IPO Update 2026

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.

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JSE Index Opens Soft after Sluggish Close

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.

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Blood Bath in Nigerian ETFs

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.

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Zimbabwe to Launch Gold ETF

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

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BRVM meetup in New York 2026

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

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Dangote Refinery Plans Largest Pan-African IPO

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.

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JSE Lists South Africa’s First Actively Managed China-Focused ETF

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.

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JSE lists Aimia Inc

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.

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Econet Wireless Delisting : FAQ

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

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Kenya Government looks for KQ investor

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

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SpaceX and xAI Merger

SpaceX and xAI are in discussions to merge ahead of SpaceX's planned IPO, according to a Reuters report.