Africa ETP News
you are currently viewing::Up to $1bn could flow to Nigeria as NGX rejoins Frontier Index on 21 SeptemberSeptember 4, 2026-Equity trading on the Nigerian Exchange (NGX) was buzzing early on 4 September ahead of the exchange’s return to the FTSE Russell Frontier Markets Index, effective from market open on 21 September. The inclusion was confirmed by the index company, part of the London Stock Exchange Group, in a market notice published on 27 August. Equities linked to the FTSE Russell Index opened sharply higher on Friday morning, according to a recent story by Iheanyi Nwackukwu in Business Day Nigeria: "The morning surge reflects broad-based market momentum as traders step in aggressively following recent economic data and shifting global sentiment." Source: allafrica.com |
Regional Economic Outlook 2026: Southern Africa Must Mobilise Development Finance at Scale to Close Annual $55 Billion Financing Gap
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.
Africa's Private Capital Market Sees Mixed First-Half in 2026
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.
Africa's Blue Economy Generates Over $298 Billion Annually
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.
Africa Can Grow Faster With AI-If It Moves Now
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.
South African business confidence edges up in May after April slump
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.
