Africa ETF News for the Past Year
Bond trading rivals for Nairobi Securities Exchange
June 25, 2024--The Central Bank of Kenya's DhowCSD, a digital government bond trading platform, has reached a milestone of 80,000 investors, according to a report in Business Daily today (25 June). DhowCSD went live on 31 July 2023 and is designed to boost efficiency of investing in Treasury Bills and Treasury Bonds.
It is an upgrade of the CBK's Central Securities Depository (CSD) platform.
AI and the Future of Work in Africa-White Paper
June 23, 2024--Generative AI presents a powerful tool for shaping a dignified future of work in Africa. By proactively addressing the challenges and harnessing the opportunities, Africa can leverage AI to drive economic growth, empower its workforce, and become a leader in socially responsible AI development.
Global Foreign Investment Declines for Second Year As Geopolitical Tensions Rise, UN Trade Body Reports
June 20, 2024--Foreign direct investment (FDI) fell by two per cent to $1.3 trillion in 2023 amid global economic slowdown and rising geopolitical tensions, according to a report released on Thursday by the UN trade and development body, UNCTAD.
Kenya: Blackrock Liquidates Em Fund With Equities in Kenya, Nigeria
June 19, 2024--American asset manager BlackRock has announced the liquidation of its emerging market (EM) funds in Kenya and Nigeria.
The decision follows ongoing liquidity challenges in several frontier markets, which have been exacerbated by delays in the repatriation of funds in dollars.
Nigeria: Stock Investors Gain N619bn in May Despite Rates Hike
June 3, 2024--Analysts expect bearish outlook in June
The equities market defied the persistent hike in interest rate by the Central Bank of Nigeria, CBN, at the end of trading in May with investors recording a marginal gain of N619 billion.
Fast progress at Ethiopian Securities Exchange
May 17, 2024--The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor is publishing today the Statistics on Securities and Markets (ESSM) Report, with the objective of increasing access to data of public interest.
