Capital markets

Economy

Credit rating agencies and Africa: lack of people on the ground fuels bias against continent

The big three rating agencies have a thin presence in Africa, raising questions about analysts' workloads and the accuracy of their ratings — not to mention a bias towards their home regions
The headquarters of Fitch Ratings in the financial district of lower Manhattan, New York
MarketsPolitics & Policy

Uganda maintains top 5 ranking in Africa capital markets index

Uganda ranks behind investment gateways South Africa and Mauritius, and the continent's biggest economy, Nigeria
Photo taken outside the Johannesburg Stock Exchange
EconomyOpinionPolitics & Policy

Why Africa needs FDI more than foreign portfolio investment – BoU’s Kasekende

In many important respects, FDI is much more valuable than portfolio investment because the former can enable new, large and medium-sized companies to be created in economies where these types of enterprises are relatively scarce
Opinion

African debt capital markets resilient in face of growth challenges

Debt capital markets across Africa have remained robust despite macroeconomic and political challenges presented, indicating their growing maturity and depth - along with their ability to develop solutions in the face of volatility and change.
Markets

Newest stock exchange starts trading

"ALTX has successfully listed 25 debt securities and has so far activated three maturing February 2019, November 2018 and May 2021," ALTX Chief Executive Officer Joseph Kitamirike said in a statement.