African markets news roundup
you are currently viewing::African markets news roundupSeptember 28, 2026-The African exchanges are keeping busy, and a dynamic African firm is also boosting the mood on the London Stock Exchange
Standard Bank Angola due to list 30 September after IPO
According to a news report, demand far exceeded the number of shares on offer. All seems to be on track for the bank to list on the Angola's securities exchange, Bolsa de Divida e Valores de Angola (BODIVA), on 30 September. The Government of Angola launched the sale of a total 34% of the shares of on 11 September in an IPO. The sale is 10% of the total shares to the public, and 24% to Standard Bank in South Africa, which currently owns 51% of the shares and has the right to buy another 24% of shares. If all the shares were subscribed, it could raise AOA 196bn ($213m) to 238bn ($259m) for the Government. Source: allafrica.com |
July 29, 2026--Southern Africa must urgently mobilise development financing at scale to turn a gradual and uneven economic recovery into real gains in living standards, according to the African Development Bank's 2026 Regional Economic Outlook for Southern Africa: Mobilising Southern Africa's Development Financing at Scale in a Fragmented World, released on Tuesday.
July 29, 2026--Africa's private capital market posted a mixed first half in 2026. Deal volume fell 16% year on year to 211 transactions, the first H1 drop since 2023. Investment value rose 65% to $3.7 billion, the second highest first-half total in five years. The gap between average deal size, $32 million, and median deal size, $5 million, points to a market driven by a few large transactions rather than broad growth.
July 22, 2026--The African Union (AU)'s Director of Blue Economy and Sustainable Environment, Hersen Nyambe, stated on Wednesday (22,) in Luanda, that the continent's blue economy currently generates over 298 billion dollars in annual value, with projections pointing to USD 405 billion output by 2063.
July 21, 2026--Artificial intelligence can boost productivity, create better jobs, and improve public services in sub-Saharan Africa, but realizing these gains will require reliable power, affordable internet, stronger skills, and rules people trust
A farmer in Kenya gets weather and planting advice on a basic phone. A teacher in Nigeria uses a chatbot to help students catch up in math. South Africa's revenue authority uses data analytics to better target tax audits. These are not futuristic examples from Silicon Valley.
June 30, 2026--In May the Johannesburg Stock Exchange (JSE) announced new rules designed to ensure more stringent oversight of how brokers and trading firms deploy "algo-trading" techniques on the exchange.