Kenyan supermarket giant Quickmart is preparing for a KSh15 billion ($116M) initial public offering (IPO), giving everyday investors a chance to own a stake in one of the country’s largest retailers. The offering comprises 2 billion shares at KSh7.50 each, representing 50% of the company, ahead of a planned Nairobi Securities Exchange listing on November 12, 2026. The offer closes October 30, marking a milestone for Kenya’s retail sector. Founded in 2006 by the late John Kinu

For many Zimbabwean borrowers, accessing credit can mean lengthy queues and paperwork; Wildfin Financial Services is working to reduce that journey to a few taps. Founded and led by CEO David Mantiziba, Wildfin is a Harare-based microfinance institution registered with the Reserve Bank of Zimbabwe. It provides salary-backed loans to civil servants, restocking and order financing to small businesses, and electronic gadgets on credit—combining a growing branch network with digi

Africa’s investment landscape is shifting as global capital seeks new opportunities in energy, critical minerals and economic growth. In its 2026 edition, Bloomberg Economics assessed 19 countries across economic strength, fiscal strength, governance, infrastructure and external vulnerability. Mauritius ranked first for relative investability, overtaking South Africa, followed by Egypt, Ghana and Botswana. Côte d’Ivoire, Morocco, Nigeria, Rwanda and Tanzania completed the top

Kenya is moving closer to launching its first locally created and locally domiciled exchange-traded fund. On September 9, 2026, the Nairobi Securities Exchange granted conditional approval for the WSA Banking Index ETF, following earlier approval from the Capital Markets Authority. Issued by Wall Street Africa and managed by Tradiam Asset Managers, the fund is targeting a Q4 2026 launch. The ETF will track the NSE Banking Sector Index, giving investors exposure to 11 listed K

The Africa Credit Rating Agency (AfCRA) is moving closer to becoming one of the continent’s most consequential new financial institutions. Backed by the African Union, AfCRA is scheduled to launch in Mauritius on October 5, 2026, as African governments seek to address high borrowing costs and strengthen their position in the global financial system. Structured as a private-sector-driven, self-sustaining institution, it will provide Africa-focused ratings for sovereigns and o