Kenya Partners with Canadian Firms to Launch Blockchain-Powered Digital Exchange
Nairobi Securities Exchange partners with DeFi Technologies, SovFi, and Valour Inc. to launch the Kenya Digital Exchange. KDX aims to tokenize various asset classes including equities, debt instruments, funds, and commodities.
Kenya partners with Canadian companies to create a blockchain-powered digital exchange
Nairobi Securities Exchange (NSE) announces partnership with DeFi Technologies, SovFi, and Valour Inc. to launch the Kenya Digital Exchange (KDX). KDX will be a regulated platform for tokenizing real-world assets, including equities, debt, funds, and commodities.
Next Wave: What’s holding back African securities exchanges?
Flutterwave hints at going public, drawing attention to the trend of African startups seeking foreign listings. Only fourteen IPOs occurred in Africa in 2023, raising just $1.3 billion, compared to India's 57 IPOs raising over $7 billion.
Hisa founder, Eric Jackson steps down as CTO, turns attention to sports infrastructure project
Eric Jackson steps down as CTO of Hisa after Risevest acquisition. Hisa secured regulatory approvals from the Capital Markets Authority of Kenya and the Nairobi Securities Exchange.
Bamburi Cement receives new $197.2 million acquisition offer from Savannah Clinker
Savannah Clinker makes a $197.2 million counter-offer for Bamburi Cement. The offer is a 53.34% premium on share price compared to Amsons Group's bid.
