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Capital markets

A Standard & Poor's sign on a building in New York City
Credit Ratings

Errors in Africa ratings expose deeper flaws in global credit assessment

Errors in a leading Africa credit report expose weaknesses in analysis, reinforcing mispricing of risk and strengthening calls for a regional rating agency
The headquarters of Fitch Ratings in the financial district of lower Manhattan, New York

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
Photo taken outside the Johannesburg Stock Exchange
Capital markets

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

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

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.

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.

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