Capital markets
Absa Africa Financial Markets Index
Uganda ranks fourth in Absa’s markets index, held back by pensions and depth
Uganda is the only one of 26 African countries scored in both years to lose ground in Absa's financial markets index since 2022, as Kenya and Ghana close in
Mobile money
Airtel Money skips African exchanges for London
Airtel Money, valued at $7bn, listed in London while Uganda, its second-largest market, has an exchange worth less than the company itself
Aliko Dangote
Dangote refinery IPO cleared for Ugandan professional and high-net-worth investors
Ugandan investors can take part in Dangote's refinery IPO only through SBG Securities Uganda, and the offer cannot be marketed to the general public, the regulator says
Platinum Credit
Platinum Credit draws Shs49bn of bids for Shs20bn of notes
Platinum Credit took Shs30bn of the Shs49.28bn bid for its notes, accepting less than half of the bids for its five-year and eight-year series
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
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
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.More Capital markets
6 September 2016
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.