What We Do
Africa Stock Market News brings you the daily closes of the major national and regional stock indexes of the continent.
We also aggregate a variety of African financial and equity-related news from around the world.
Bourse Regionale des Valeurs Mobilieres (BRVM)
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Stock Market News
Coal of Africa COO resigns after insider trading fine
Coal of Africa’s chief operating officer Michiel Jakobus Brönn ... 13:11 London midday: Stocks flat but pound pops higher after retail sales Equity markets in London were little changed by midday, but sterling popped higher following the release of ...
SA markets fixated on Gordhan, possible cabinet change
Cape Town — Trading day 3 — South African markets remained fixated on Finance Minister ... The dollar gains, as well as US equity and bond markets capped the gains of the “safe-haven” asset, suppressing demand. There are still many uncertainties ...
The Anglos Are Coming To Francophone Africa With An Appetite For Investment
As one investor described it at the SuperReturn Africa Private Equity Conference in December ... Cote d’Ivoire is the star child of emerging markets. The World Bank estimates that it may remain Africa’s fastest growing economy in 2017.
Equity, HFC get Sh10bn from European bank for SME lending
READ: EIB picks Equity, Bank of Africa for Sh21bn loaning to East African SMEs ALSO READ: European lender to announce Sh27bn funding for small businesses Under the Equity kitty, Sh3.96 billion is for Tanzania, Sh2.2 billion for Democratic Republic of Congo ...
Stocks, Crude Advance as Calm Returns; Rand Slumps: Markets Wrap
“Equity market participants have taken a look at the lower yields ... mile border wall between the U.S. and Mexico are due March 29. Hungary, Mexico, South Africa and Thailand are among countries setting interest rates. Samsung Electronics Co. will ...
Equities Rebound as Dollar Steadies; Rand Plummets: Markets Wrap
The selloff in riskier assets eased after U.S. stocks staged a recovery, with most equity markets resuming their upward trajectories as the dollar put the brakes on losses. The rand tumbled amid reports South Africa’s President Jacob Zuma plans to fire …
GLOBAL MARKETS-Stocks up, dollar steady as markets await Fed speakers
Advancing shares in Asia and Europe helped boost the MSCI's all-country world equity index, which hit a near-two ... after hitting a four-and-a-half month low on Monday. In emerging markets, the South African rand fell after Finance Minister Pravin Gordhan ...
Bob Geldof fund buys stake in African fruit supplier Blue Skies
... private-equity firm chaired by Sir Bob Geldof, 8 Miles, has taken a "significant minority stake" in Blue Skies, a fresh-cut tropical fruit business with operations in several African countries. just-food gives you the widest food market coverage.
Markets boosted by US tax reform hopes, as South African rand tumbles - business live
Equity market participants have taken a look at the lower yields ... According to Bloomberg’s Sam Mkokeli, South African president Jacob Zuma told communist parties leaders that he’s planning to sack finance minister Pravin Gordhan.
EMERGING MARKETS-S.Africa assets tumble on FinMin recall, EM stocks edge up
LONDON, March 28 (Reuters) - South Africa's rand took another tumble on Tuesday with ... However, MSCI's emerging market benchmark equity index gained 0.3 percent, reversing Monday's losses. Hungary is expected to hold interest rates at its record low ...
South Africa's rand extends losses on cabinet reshuffle talk, stocks up
JOHANNESBURG, March 29 (Reuters) - South Africa's rand and bonds extended losses on Wednesday ... "Local political news is now pretty much everything for the local market," Rand Merchant Bank currency strategists John Cairns said.
El-Erian Says South Africa Is Risking Market Credibility - Presented by: The Aol. On Network
Mar.28 -- Mohamed El-Erian, chief economic adviser at Allianz SE and Bloomberg View columnist, examines differences between the debt and equity markets. He speaks on "Bloomberg Daybreak: Americas." (El-Erian is a Bloomberg View columnist. The opinions ...
Today's Market View - Beowulf Mining, Premier African Minerals and Bluebird Merchant Ventures
Chinese iron ore stockpiles held in ports increased to 132.5mtg (+1.1%) as of Mar 24; on course, to deliver a 16% increase this quarter and market a ... with Premier African Minerals • Premier African Minerals has raised £2m in equity.
New UK fund homes in on African sovereign and corporate debt
The EOGF is an open-ended fund designed to provide investors with exposure to the best growth opportunities offered within African equity markets. Enko stated it runs offices in London and Johannesburg and is regulated by the Financial Conduct Authority in ...
US tax reform hopes underpin markets, as South African rand tumbles - business live
Equity market participants have taken a look at the lower yields ... According to Bloomberg’s Sam Mkokeli, South African president Jacob Zuma told communist parties leaders that he’s planning to sack finance minister Pravin Gordhan.
South Africa's Gordhan ordered home from London, rattling markets
PRETORIA, March 28 (Reuters) - Finance Minister Pravin Gordhan was set to return to South Africa early on Tuesday after he was ordered home by the president, a move that rattled markets amid media reports that he might be sacked. The rand tumbled more than ...
EMERGING MARKETS-S.Africa assets tumble on FinMin recall, EM stocks edge up
LONDON, March 28 South Africa's rand took another tumble on Tuesday with ... However, MSCI's emerging market benchmark equity index gained 0.3 percent, reversing Monday's losses. Hungary is expected to hold interest rates at its record low of 0.9 percent ...
The biggest game changer in African fashion is...the internet
Initial capital for its launch came from private equity firm Kupanda Capital known to seed fund companies with a pan-African interest. It also recruited market guidance from Zara Okpara, brand consultant for Lagos Fashion and Design Week (LFDW).