Sustainability

#Emerging Markets

AFRICA MUST TRADE IN LOCAL CURRENCIES

It makes no sense that our countries still allow our economies to suffer as a result of this stupid idea of US Dollar being the world reserve currency, therefore we must at all cost trade in US Dollar on the international market at the expense of our economic prosperity and at the expense of the stability of our currencies.

Africa must trade in local currencies. Why should a Senegalese purchase US Dollar in order to be able to buy goods in Ghana or in Nigeria?

William Samoei Ruto, PhD was championing this fight but now I don't know where we are with that project. I hope he hasn't been silenced as well!

To the African Continental Free Trade Area (AfCFTA) Secretariat you need to advocate for this to happen if we really want to get the results we are looking for with the free trade area.

African Development Bank Group African Union African Continental Free Trade Area (AfCFTA) Secretariat Prof. PLO Lumumba Julius Sello Malema Amb. Abdoulaye Diop Amadou Diawara Pape Babacar THIAM

We’ve been analysing trends in Agtech across Africa through our intelligence platform AgBase backed by the Bill & Melinda Gates Foundation Foreign, Commonwealth and Development Office. AgBase aims to improve the quality and relevance of data and intelligence to stakeholders in the sectors looking to boost funding and support agtech and foodtech startups in underserved markets.

Check out 5 emerging insights that we’ve gathered from the first quarter of 2024 in this infographic. You can also subscribe to our AgBase newsletter for the latest funding data and insights into the active innovators and funders within Africa’s agtech ecosystem

Excited to have attended the launch event of the Botswana Stock Exchange Stanbic Bank Stock Market Simulator today in collaboration with Stanbic Bank Botswana at Botswana Stock Exchange Limited🚀💼 It was an insightful and engaging experience, getting a firsthand look at the tools and resources that will empower individuals to learn and practice investing in the stock market. The simulator mimicks the real stock exchange market and offers a risk free environment. The simulator works to sensitise the public on the stock market and to foster a culture if investment. The simulator is now open for the public.

Thank you to the organizers at Botswana Stock Exchange e Thapelo Tsheole - MComm, M, Thapelo Tebogo Moribame, , Kgotla Segwe - M as well as CEO, Stanbic Bank Botswana Mr Chose Modise for putting together such a valuable initiative that will undoubtedly benefit aspiring investors and financial enthusiasts. Looking forward to honing my investment skills and exploring the world of finance through this exciting platform.

#BotswanaStockExchange #BSE #StanbicBank #Botswana #StockMarketSimulator #Investing #FinancialLiteracy #InvestmentEducation

Renew Capital has announced an investment in Mozambican fintech platform roscas, marking its first investment in Mozambique.

"At Roscas we are fuelled by our vision to dismantle barriers not only to financial but also to economic inclusion, by equipping underserved communities with tools to shape their financial destinies," said José Samo Gudo, CEO and co-founder at Roscas.

Join us for a free webinar on April 24, 2024, hosted by Tellimer in partnership with the Ethiopian Securities Exchange (ESX)! Learn how our partnership is enhancing local Ethiopian investment research providers' ability to produce high-quality research and deliver it to investors and market professionals.

STOCK MARKET INVESTMENT IN THREE SIMPLE STEPS

Natasha Lloyd, Lusaka,31st March 2024 -The Lusaka Securities Exchange Plc (LuSE) serves as a platform for trading financial instruments, including shares, sovereign bonds, and corporate bonds in Zambia.

There are a few steps to follow for one to participate on the LuSE. This article breaks these steps down.

SELECTING A BROKER:

To start investing in LuSE, one must first choose a certified broker from the list provided on the exchange's official website. A broker acts as an intermediary, connecting buyers with sellers in the market. The selection process involves careful consideration of various brokers, taking into account factors such as reputation, service offerings, and fees. The LuSE website guides on the percentage fees charged by the brokers.

OPENING A TRADING ACCOUNT:

Once you select a broker, the next step involves opening a trading account with the chosen intermediary. To initiate this process, individuals or companies are required to provide mandatory documentation for ‘Know Your Customer’ (KYC) purposes, including proof of residence, identification, a completed brokerage form, and the specified investment amount. Brokers typically charge a commission, usually a percentage of the transaction value. Upon completion of this step, investors gain access to the broker's investment platforms.

SELECTING INVESTMENT ASSETS:

With a trading account in place, investors must carefully decide on the type of financial instruments they wish to invest in. LuSE offers a diverse range of options, including shares, sovereign bonds, and corporate bonds. This decision should align with the investor's financial goals, risk tolerance, and market outlook. Make sure to do your primary market research on all the financial instruments to determine which one suits you best.

SUBMITTING A ‘BUY ORDER’ THROUGH THE BROKER:

Once the investment assets are chosen, investors can proceed to submit a buy order through their selected broker. This involves specifying the desired quantity of the chosen asset and setting either a limit price or a market price. The completion of a transaction occurs when the bidding price matches the ask price for the selected asset, leading to the execution of the trade.

TRANSACTION COMPLETION AND OWNERSHIP TRANSFER:

Upon successful execution of the trade, the broker facilitates the transaction payment at LuSE in the investor's name. The broker then ensures the seamless delivery of the transaction amount to the respective seller. At this point, the investor officially becomes the legal owner of the acquired assets.

LuSE offers individuals and companies a gateway to the world of financial markets in Zambia. We encourage you to invest and secure your financial future.

And this is it!

The fixed income market in Zimbabwe is relatively underdeveloped, owing mainly to the macroeconomic conditions, but they have a great opportunity to forge ahead through #peer #learning. The Botswana Stock Exchange Limited has been invited to this conference to share learnings and experiences on how a successfully run #BondMarketAssociation can catapult the fixed income market to greater heights. I have the pleasure of presenting at this conference not just as the Head of Product Development, but also as the Secretary General of the Botswana Bond Market Association, of which the BSE is the Secretariat. Zimbabwe is looking to launch its own #BondMarketAssociation this week.