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Africa Stock Markets News. Service for global professionals. Constantly updated news and information about Africa Stock Markets.
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Latest Africa Stock Markets News

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  • Egypt's Beltone Financial sets up Libya subsidiary 23 Nov 2009 03:12 GMT
    ... eight months TRIPOLI, Nov 22 (Reuters) - Egyptian investment bank Beltone Financial has begun operations ... bank Beltone Financial has begun operations in Libya, hoping to take advantage of a potential ... investment culture," Hilal said. The oil-rich North African country remains largely unaffected by the global ...

  • Libya to make four IPOS in 2010, sell state firms 23 Nov 2009 01:32 GMT
    ... * Libya to make IPOs in four state firms ... a bank, the chairman of the Libyan Stock Market said on Sunday. The country will also ... over the past period." Libya, home to Africa's biggest proven oil reserves, has attracted a ...

  • UPDATE 1-Egypt's Citadel lists shares, eyes rights issue 23 Nov 2009 11:32 GMT
    ... Citadel Capital has listed its shares on Egypt's stock exchange in preparation for a likely ... its investments in Middle East and East African countries, especially those with big domestic markets ... those with big domestic markets such as Algeria, Egypt, Sudan, Ethiopia and Kenya. "Following the ...

  • First Quantum Minerals To Buy Zambia-focused Miner Kiwara For About US$260 Mln - Update 23 Nov 2009 12:35 GMT
    ... First Quantum Minerals To Buy Zambia-focused Miner Kiwara For About US$260 Mln - ... one First Quantum share on the London Stock Exchange, representing a 41.5% premium to the closing ... Resources High Yield Trust, Derek Joseph, New African Mining Fund, Geiger Counter and Ian Reynolds, ...

  • Van Eck Has Plans For Egypt, Kuwait ETFs 23 Nov 2009 08:58 GMT
    ... Middle East with an ETF for tracking Egyptian stocks and one for Kuwait's equity market. Both ETFs will be comprised of companies ... all are thinly traded. The Market Vectors Africa ETF (NYSE: ) is the most liquid ...

  • Van Eck Plans Egypt, Kuwait ETFs 23 Nov 2009 05:30 GMT
    ... Investors seeking exposure to Egypt or Kuwait have typically obtained it through Middle ... Emaar Properties , Jordan's Arab Bank; and Morocco's Maroc Telecom, a unit of French media ...

  • Egypt's Citadel says shares to trade in 5-8 days 23 Nov 2009 09:50 GMT
    ... Thomson Reuters is the world's largest international multimedia ... small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, ...

  • Africa-Israel: Gov't reconsidering Tel Aviv rail deal 23 Nov 2009 07:45 GMT
    ... Africa-Israel: Gov't reconsidering Tel Aviv rail deal MTS ... the project. ) notified the Tel Aviv Stock Exchange (TASE) that it has been told by the ...

  • South African Markets - Factors to watch on Nov 23 23 Nov 2009 06:10 GMT
    ... Thomson Reuters is the world's largest international multimedia ... small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, ...

  • Africa-Israel: Gov't reconsidering TA rail deal 23 Nov 2009 10:18 GMT
    ... the project. ) notified the Tel Aviv Stock Exchange (TASE) that it has been told by the ... has been delayed due to funding problems. Africa-Israel owns 20% of the MTS consortium. The ...

  • Demutualisation - NSE Council Approves New Organisational Structure 23 Nov 2009 12:12 GMT
    ... As part of efforts at making the Nigerian Stock Exchange (NSE) a profit making organisation, ... years ago is aimed at making the stock market the leading stock Exchange in African region and the process is enabled by ...

  • Rule of Law or Rawlings? [opinion] 23 Nov 2009 11:13 GMT
    ... certainly, must have been far worse than Nigeria, our country, in death, decay and devastation ... sabotage such as the recent banking and stock market scandals, outlandish gangsterism including militancy, armed robbery, ... but other parts of the neighbouring West African countries, if we actually must justify our ...

  • OCI announces Third Quarter Results 23 Nov 2009 09:11 GMT
    ... CAIRO, EGYPT -- (MARKET WIRE) -- 11/23/09 -- Results as ... key distributors in strategic import markets. Sorfert Algeria was 80% complete as at 30 September ...

  • ICC Expresses Concern Over Naira Depreciation 23 Nov 2009 10:31 GMT
    ... The International Chamber of Commerce (ICC), Nigeria chapter has expressed concern over the declining ... and the investment value on the Nigerian stock market has been witnessing diminishing returns", Chief O. ...

  • Nakumatt Sets Sh1.8 Billion Price for Sale of 30 Per Cent Stake 23 Nov 2009 12:32 GMT
    ... healthcare, telecommunications and banking in four other African countries. Kingdom Holding Company (KHC) -- an ... plans to float shares at the Nairobi Stock Exchange (NSE), but later shelved it after the stock market set on a bear run that has persisted ...


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