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

Nigeria’s stock market has become the world’s best-performing equity market in dollar terms in 2026, delivering a remarkable 67% return and outperforming 91 other exchanges. The rally marks a dramatic turnaround for a market long weighed down by currency instability and foreign exchange shortages, with a stronger naira and renewed investor confidence helping attract capital back into Africa’s largest economy. The resurgence has been fuelled by improving foreign exchange liqui