The London Stock Exchange has committed to raising capital for Kenya’s energy industry, with the first ever memorandum of understanding signed between the London bourse and the East African government. The agreement was signed by Charles Keter, Kenyan cabinet secretary for energy and petroleum, and Nikhil Rathi, chief executive officer, London Stock Exchange plc. The memorandum sets out the commitment from both sides regarding the raising of funds to benefit the country’s energy industry, through public market equity and debt listings.
AFK Stock Showdown: Latest News
Peter Pedroncelli, 5:10 am AFKI Original
Very few stocks have shown the consistency to remain within the FTSE/JSE Top 40 Index for the last 20 years, but 11 companies have managed the impressive feat. There are an elite group of businesses that have managed to stay in the top 40 of the Johannesburg Stock Exchange since 1996. Here are the 11 companies that have remained within the FTSE/JSE Top 40 Index for 20 years.
Ryan Hoover, 2:28 pm AFKI Original
It’s time for the AFKI Africa Stock Showdown, the contest that pits two similar African companies against each another to determine which boasts the best combination of profitability, growth and value.
- Real Estate