The Mansa Brief.
In-depth guides, market analysis, and educational content covering every major African stock exchange. Written for investors, developers, and institutions tracking the continent.
Current Ghana Treasury bill rates, live auction dates and a practical guide to how 91-day, 182-day and 364-day government securities work.
Stock Picks · 21
Top stocks to buy and the year's best performers, exchange by exchange.
Top 10 NSX Namibia Stocks to Buy in 2026
*Last updated: July 18, 2026 | Reading time: ~8 minutes*
Top 10 MSE Malawi Stocks to Buy in 2026
*Last updated: July 18, 2026 | Reading time: ~8 minutes*
Top 10 BVMT Tunisia Stocks to Buy in 2026
*Last updated: July 9, 2026 | Reading time: ~8 minutes*
Top 10 BRVM Ivory Coast Stocks to Buy in 2026
*Last updated: July 9, 2026 | Reading time: ~8 minutes*
Top 10 Casablanca Stock Exchange (Morocco) Stocks to Buy in 2026
*Last updated: July 9, 2026 | Reading time: ~10 minutes*
Top 10 NGX Nigeria Stocks to Buy in 2026
*Last updated: 3 August 2026 | Reading time: ~10 minutes*
Top 10 EGX Egypt Stocks to Buy in 2026
*Last updated: 3 August 2026 | Reading time: ~10 minutes*
Top 10 DSE Tanzania Stocks to Buy in 2026
*Last updated: 3 August 2026 | Reading time: ~9 minutes*
Top 10 LuSE Zambia Stocks to Buy in 2026
*Last updated: 3 August 2026 | Reading time: ~9 minutes*
Top 10 RSE Rwanda Stocks to Buy in 2026
*Last updated: 3 August 2026 | Reading time: ~8 minutes*
Top 10 Johannesburg Stock Exchange (JSE) Stocks to Buy in 2026
The Johannesburg Stock Exchange is Africa's largest, oldest, and most internationally wired stock market. With a market value north of 18 trillion rand, roughly a trillion dollars, it dwarfs every other African exchange and ranks among the top twenty in the world. When global investors say they want African equity exposure, the JSE is usually what they actually buy, because it is the one African market with the depth, liquidity, and reporting standards that institutional money expects.
Best South African ETFs in 2026: Satrix, 1nvest, NewGold, and the Top 40 Trackers
For most South Africans building wealth, the smartest first investment is not a single stock. It is an exchange traded fund. An ETF lets you buy a whole basket of companies in one trade, at a low annual cost, without needing to pick winners or time the market. You get instant diversification, you pay a fraction of what an active fund manager charges, and you can buy it through the same brokerage or tax free savings account you already use.
Top 10 Ghana Stock Exchange (GSE) Stocks to Buy in 2026
There is one number that explains why everyone is suddenly talking about Ghana. In the first quarter of 2026, an investor who spread one thousand cedis across the ten best performing stocks on the Ghana Stock Exchange would have ended March with more than two thousand two hundred. That is a 127 percent return in ninety days, beating every other mainstream asset a Ghanaian retail investor could touch.
Dangote Refinery IPO: How Investors Across Africa Can Access the Biggest Listing in African Market History
*Last updated: May 17, 2026 | Reading time: ~10 minutes*
Top 10 Nairobi Securities Exchange (NSE) Stocks to Buy in 2026
*Last updated: May 17, 2026 | Reading time: ~9 minutes*
Top 10 Stock Exchange of Mauritius (SEM) Stocks to Buy in 2026
*Last updated: May 17, 2026 | Reading time: ~9 minutes*
Best Performing NSE Kenya Stocks in 2025: The Full-Year Rankings
The Nairobi Securities Exchange delivered its strongest annual performance since 2013 in 2025. A powerful combination of aggressive interest rate cuts, market reforms, currency stability, and strong corporate earnings drove a broad-based rally that lifted 54 out of 60 active counters on the exchange. Investor wealth grew by nearly KSh 1 trillion over the course of the year, briefly pushing total market capitalisation past the KSh 3 trillion mark.
Best Performing DSE Tanzania Stocks in 2025: The Full-Year Rankings
The Dar es Salaam Stock Exchange had a breakthrough year in 2025. Total market capitalisation grew 34% to TZS 23,995.45 billion, equity turnover surged 190%, and the exchange launched Tanzania's first ever Exchange Traded Fund — a milestone that signals the market's growing maturity. Against a backdrop of 6.0% GDP growth, improving investor education, and digital trading expansion, the DSE delivered one of its strongest performance years in recent history.
Best Performing NGX Nigeria Stocks in 2025: Africa's Top Market of the Year
Three African stock markets had standout years in 2025. The NSE Kenya gained strongly on rate cuts and structural reform. The DSE Tanzania grew market capitalisation by 34% and launched its first ETF. But Nigeria's NGX was the continent's headline story — the All-Share Index closed the year at 155,613 points, posting a +51.19% full-year return, the strongest annual gain since 2007 and the best performance among Africa's major exchanges for the year.
Best Performing EGX Egypt Stocks in 2025: The Full-Year Rankings
Egypt's stock market delivered one of its best years in recent history in 2025. The EGX 30 — the Egyptian Exchange's benchmark index of the 30 most liquid companies — gained approximately 40% for the full year, closing at 41,828.97 points on December 31, 2025. But the bigger story was in the broader market: the EGX 70 surged approximately 60% and the EGX 100 rose around 55%, both significantly outperforming the headline benchmark. The mid and small-cap recovery was the real story of Egypt's 2025 bull run.
Best Performing JSE South Africa Stocks in 2025: The Full-Year Rankings
The Johannesburg Stock Exchange had a remarkable 2025. South Africa's main equity index climbed above 128,000 points during the year, delivering approximately 50% in rand terms — and even more impressively, roughly 51% in US dollar terms, making it one of the best performing stock markets in the world in 2025. The JSE's own financial performance reflected this: the exchange reported a record annual profit of R1.07 billion — the first time it has exceeded R1 billion — with trading volumes surging across equities, derivatives, and commodities.
Treasury Bills · 16
Current auction rates, how-to-buy guidance, and fixed-income context across African markets.
Ghana Treasury Bill Rates Today & How to Buy
Current Ghana Treasury bill rates, live auction dates and a practical guide to how 91-day, 182-day and 364-day government securities work.
Kenya Treasury Bill Rates Today & How to Buy
Current Kenya Treasury bill rates, live auction dates and a practical guide to how 91-day, 182-day and 364-day government securities work.
South Africa Treasury Bill Rates Today & How to Buy
Current South Africa Treasury bill rates, live auction dates and a practical guide to how 91-day, 182-day, 273-day and 364-day government securities work.
Zambia Treasury Bill Rates Today & How to Buy
Current Zambia Treasury bill rates, live auction dates and a practical guide to how 91-day, 182-day, 273-day and 364-day government securities work.
Mauritius Treasury Bill Rates Today & How to Buy
Current Mauritius Treasury bill rates, live auction dates and a practical guide to how 91-day, 182-day and 364-day government securities work.
Malawi Treasury Bill Rates Today & How to Buy
Current Malawi Treasury bill rates, live auction dates and a practical guide to how 91-day, 182-day and 364-day government securities work.
Tanzania Treasury Bill Rates Today & How to Buy
Current Tanzania Treasury bill rates, live auction dates and a practical guide to how 35-day, 91-day, 182-day and 364-day government securities work.
Eswatini Treasury Bill Rates Today & How to Buy
Current Eswatini Treasury bill rates, live auction dates and a practical guide to how 91-day, 182-day, 273-day and 364-day government securities work.
Seychelles Treasury Bill Rates Today & How to Buy
Current Seychelles Treasury bill rates, live auction dates and a practical guide to how 91-day, 182-day and 365-day government securities work.
Morocco Treasury Bill Rates Today & How to Buy
Current Morocco Treasury bill rates, live auction dates and a practical guide to how short-term bons du Trésor including weekly and six-month maturities government securities work.
Benin Treasury Bill Rates Today & How to Buy
Current Benin Treasury bill rates, live auction dates and a practical guide to how BAT Treasury bills with maturities of one year or less government securities work.
Ivory Coast Treasury Bill Rates Today & How to Buy
Current Ivory Coast Treasury bill rates, live auction dates and a practical guide to how BAT Treasury bills with maturities of one year or less government securities work.
Guinea-Bissau Treasury Bill Rates Today & How to Buy
Current Guinea-Bissau Treasury bill rates, live auction dates and a practical guide to how BAT Treasury bills with maturities of one year or less government securities work.
Mali Treasury Bill Rates Today & How to Buy
Current Mali Treasury bill rates, live auction dates and a practical guide to how BAT Treasury bills with maturities of one year or less government securities work.
Niger Treasury Bill Rates Today & How to Buy
Current Niger Treasury bill rates, live auction dates and a practical guide to how BAT Treasury bills with maturities of one year or less government securities work.
Senegal Treasury Bill Rates Today & How to Buy
Current Senegal Treasury bill rates, live auction dates and a practical guide to how BAT Treasury bills with maturities of one year or less government securities work.
Start Here · 6
New to African markets? Beginner and how-to-invest guides.
How to Open a CDS Account and Buy Shares on the Dar es Salaam Stock Exchange (2026)
Most guides to the Dar es Salaam Stock Exchange tell you why Tanzania is interesting. The 6 percent growth that has held for more than a decade, the gas finds off the coast, the young population moving into cities. What almost none of them tell you is the part that actually stops people from investing: how you, sitting with a phone and an ID, go from curious to owning shares. That gap is what this guide closes.
How to Invest in South African (JSE) Stocks from the US: ADRs, ETFs, and the 2026 Guide
If you are sitting in the United States and you want to own a piece of the Johannesburg Stock Exchange, the first thing you will discover is that the obvious path is closed. You cannot simply open a US brokerage account and type in a JSE ticker. Most American brokers do not connect to Johannesburg, and opening a South African trading account from abroad means paperwork, a local bank relationship, and exchange control rules that were not designed with a retail investor in Atlanta or London in mind.
How to Invest in African Stocks from the US: A Complete Diaspora Investor Guide for 2026
Africa's stock markets quietly delivered some of 2026's most striking returns. Ghana's GSE Composite surged past triple-digit gains. Nigeria's NGX All-Share Index crossed 200,000 points for the first time in history. South Africa's JSE Top 40 set new record highs in rand and dollar terms. And yet, when a Nigerian-American physician in Atlanta, a Kenyan-British engineer in London, or a Ghanaian-Canadian accountant in Toronto wants to take part in those returns — to hold a stake in the companies that touch their daily lives back home — most discover the path is far from obvious.
African Stock Market API for Multi-Exchange Data
*Last updated: May 13, 2026 | Reading time: ~10 minutes*
African Stock Markets: 2025 Performance Rankings, Market Caps and Investor Guide
2025 was one of the most remarkable years in African capital market history. Across 18 tracked exchanges, 17 closed the year in positive territory. The worst performer — Mauritius — essentially broke even. The best performer — Malawi — returned nearly 250%. In between, markets from Lagos to Lusaka, Cairo to Nairobi, delivered returns that made global headlines and drew institutional attention that had been absent for years.
How to Invest in African Stock Markets: A Beginner's Guide for 2026
African stock markets have delivered some of the world's most compelling investment returns over the past decade. Ghana's GSE Composite Index has gained over 154% year-to-date in 2026. Nigeria's NGX All-Share Index crossed 200,000 points for the first time in history. Zambia's LuSE has returned over 11% in the same period.
Dividends · 18
Declared dividends and income ideas across African markets.
Dividends Declared in 2026: Namibia NSX Companies — Amounts & Payment Dates
*Last updated: July 18, 2026 | Reading time: ~6 minutes*
Dividends Declared in 2026: Tunisia BVMT Companies — Amounts & Payment Dates
*Last updated: July 18, 2026 | Reading time: ~6 minutes*
Dividends Declared in 2026: Malawi MSE Companies — Amounts & Payment Dates
*Last updated: July 18, 2026 | Reading time: ~6 minutes*
Dividends Declared in 2026: Zimbabwe ZSE Companies — Amounts & Payment Dates
*Last updated: July 18, 2026 | Reading time: ~5 minutes*
Dividends Declared in 2026: Rwanda RSE Companies — Amounts & Payment Dates
*Last updated: July 18, 2026 | Reading time: ~5 minutes*
Dividends Declared in 2026: Nigeria NGX Companies — Amounts & Payment Dates
*Last updated: July 18, 2026 | Reading time: ~8 minutes*
Dividends Declared in 2026: Botswana BSE Companies — Amounts & Payment Dates
*Last updated: July 9, 2026 | Reading time: ~6 minutes*
Dividends Declared in 2026: Zambia LuSE Companies — Amounts & Payment Dates
*Last updated: July 9, 2026 | Reading time: ~5 minutes*
Dividends Declared in 2026: Uganda USE Companies — Amounts & Payment Dates
*Last updated: July 9, 2026 | Reading time: ~6 minutes*
Dividends Declared in 2026: Ivory Coast BRVM Companies — Amounts & Payment Dates
*Last updated: July 9, 2026 | Reading time: ~7 minutes*
Dividends Declared in 2026: Morocco Casablanca Companies — Amounts & Payment Dates
*Last updated: July 9, 2026 | Reading time: ~7 minutes*
Dividends Declared in 2026: Egypt EGX Companies — Amounts & Payment Dates
*Last updated: July 9, 2026 | Reading time: ~7 minutes*
Dividends Declared in 2026: Tanzania DSE Companies — Amounts & Payment Dates
*Last updated: July 9, 2026 | Reading time: ~6 minutes*
Dividends Declared in 2026: Ghana GSE Companies — Amounts & Payment Dates
*Last updated: July 9, 2026 | Reading time: ~7 minutes*
Mauritius Dividend Tracker 2026: SEM Companies That Have Paid and What's Still Due
*Last updated: April 24, 2026 | Reading time: ~9 minutes*
Kenya Dividend Tracker 2026: NSE Companies That Have Paid and What's Still Due
*Last updated: April 24, 2026 | Reading time: ~10 minutes*
South Africa Dividend Tracker 2026: JSE Companies That Have Paid and What's Still Due
*Last updated: April 24, 2026 | Reading time: ~10 minutes*
Dividends Declared in 2026 Across African Markets
As African companies release their audited 2025 full-year results, dividend declarations are rolling in across the continent's major exchanges. This weekly-updated tracker covers all announced dividends from companies listed on the Nigerian Exchange (NGX), Nairobi Securities Exchange (NSE), Ghana Stock Exchange (GSE), and the Johannesburg Stock Exchange (JSE) — with qualification dates, payment dates, declared amounts, and registrar details for every company.
Commodities · 8
Cocoa, copper, gold, oil and coffee — the prices moving African markets.
African Commodity Prices — Live Data for Crude Oil, Gold, Cocoa, Coffee and Copper (2026)
Africa is not an emerging market story. It is a commodity story.
How African Commodity Prices Affect Stock Markets — The Complete Guide
There is a relationship between commodity prices and African stock markets that experienced investors know intuitively but beginners rarely understand explicitly: in most African markets, the commodity is the economy.
Crude Oil Price Today — Nigeria, Angola and Africa's Oil Market Explained
Brent crude is trading at approximately $112 per barrel as of March 2026.
Gold Price in Africa Today — Ghana, South Africa and the African Gold Market
Gold is trading at approximately $4,500 per troy ounce as of March 2026.
Cocoa Price Today — Ivory Coast, Ghana and the West African Cocoa Market
Cocoa is trading at approximately $3,255 per metric ton as of March 2026.
Copper Price Today — Zambia, DRC and Africa's Copper Belt Market
Copper is trading at approximately $11,750 per metric ton on the London Metal Exchange as of March 2026 — up more than 26% year-on-year.
Coffee Price Today — Ethiopia, Kenya and the African Coffee Market
Arabica coffee is trading at approximately $3.70 per pound as of March 2026.
African Commodities vs African Stocks — Where Should You Invest in 2026?
Africa is sitting on two of the world's most compelling investment stories simultaneously. The first is commodity: the continent controls critical percentages of the global supply of gold, platinum, copper, cocoa, crude oil, and coffee — all in structural demand from the energy transition, global growth, and shifting geopolitical supply chains. The second is equity: African stock markets have quietly produced some of the world's best returns over the past decade, largely invisible to Western institutional capital that still perceives Africa as a single undifferentiated risk category.
Exchange Guides · 10
How each African exchange works — hours, listings, and how to get started.
The Egyptian Exchange (EGX): Africa's Oldest Stock Market, Explained
Long before most of the world's famous exchanges existed, traders were buying and selling shares in Egypt. The Alexandria bourse opened its doors in 1883, and the Cairo exchange followed in 1903. By the 1940s the combined Egyptian market was among the most active in the world. That makes the Egyptian Exchange, known today as the EGX, the oldest stock exchange in Africa and one of the oldest anywhere on earth, with a history stretching back more than 140 years.
Stock Exchange of Mauritius: How the SEM Works
*Last updated: April 2026 | Reading time: ~12 minutes*
Ghana Stock Exchange (GSE): Live Prices, Listed Companies and How to Invest in 2026
The Ghana Stock Exchange (GSE) is one of Africa's most dynamic capital markets and in recent years has been one of the world's top-performing stock exchanges by index appreciation. Located in Accra, the GSE lists 38 companies ranging from major telecoms and banks to oil and agricultural companies.
NGX vs GSE vs NSE: Comparing Nigeria, Ghana and Kenya Stock Markets
West and East Africa's three most actively discussed stock markets — Nigeria's NGX, Ghana's GSE, and Kenya's NSE — each tell a different story about African capital market development. Understanding the differences between them is essential for any investor, analyst, or developer building on African financial data.
What is the BRVM? West Africa's Regional Stock Exchange Explained
The Bourse Régionale des Valeurs Mobilières — universally known as the BRVM — is one of Africa's most unusual and architecturally distinctive stock exchanges. Unlike every other major African exchange, which serves a single country, the BRVM serves eight West African nations simultaneously from its headquarters in Abidjan, Ivory Coast.
Nairobi Securities Exchange (NSE Kenya): Listed Companies, Indices and How to Invest
The Nairobi Securities Exchange (NSE) is East Africa's premier capital market and one of Africa's most technologically advanced stock exchanges. Founded in 1954 as a voluntary association of stockbrokers and formally incorporated in 1991, the NSE today lists 56 companies with a combined market capitalisation of approximately KES 1.8 trillion.
Johannesburg Stock Exchange (JSE): Africa's Largest Stock Market Explained
The Johannesburg Stock Exchange is Africa's largest, oldest and most internationally integrated stock market. With a market capitalisation exceeding ZAR 18 trillion — the equivalent of roughly $1 trillion USD — the JSE dwarfs every other African exchange by a significant margin and ranks among the top 20 exchanges in the world.
Dar es Salaam Stock Exchange (DSE): Tanzania's Capital Market Guide
Tanzania is one of Africa's most consistent economic performers. With GDP growth averaging over 6% annually for more than a decade, a young and rapidly urbanising population, and natural resources spanning gold, natural gas, tanzanite, coffee and tea, the country has attracted growing institutional attention from international investors.
Lusaka Securities Exchange (LuSE): Zambia's Stock Market Explained
Zambia occupies a quiet but strategically significant corner of the African investment landscape. As one of the world's largest copper producers — and a country whose economic fortunes are intimately tied to the global copper price — Zambia represents a compelling and highly differentiated entry point into African capital markets.
Egyptian Exchange (EGX): North Africa's Biggest Stock Market Explained
Egypt is Africa's third largest economy and the continent's most populous Arab nation, with over 105 million people. Its stock market — the Egyptian Exchange, universally known as the EGX — is the continent's second largest by market capitalisation and one of the oldest exchanges in the world, with roots stretching back to 1883.
En Français · 6
Guides et analyses des marchés boursiers africains, en français.
Marchés boursiers d'Afrique francophone : le guide clair pour 2026
Quand on parle de bourse en Afrique en français, les mêmes noms reviennent souvent : la BRVM à Abidjan, la Bourse d'Alger, la Bourse de Tunis et la Bourse de Casablanca. Pourtant, très peu de contenus expliquent clairement comment ces marchés se positionnent les uns par rapport aux autres, ce qu'ils représentent réellement, et comment les suivre sans ouvrir dix sites différents.
BRVM en direct : comment lire le marché ouest-africain en 2026
La BRVM n'est pas seulement une bourse basée à Abidjan. C'est la bourse régionale de huit pays d'Afrique de l'Ouest francophone. Pour beaucoup d'investisseurs, c'est la meilleure porte d'entrée vers la zone UEMOA, parce qu'elle concentre sur une seule place des sociétés ivoiriennes, sénégalaises, togolaises, béninoises, maliennes, nigériennes, burkinabè et bissau-guinéennes.
Bourse d'Alger : ce qu'il faut vraiment savoir sur la SGBV en 2026
La Bourse d'Alger attire moins de couverture médiatique que Casablanca ou la BRVM, mais elle mérite l'attention pour une raison simple : il existe très peu de contenus clairs, honnêtes et récents en français sur son fonctionnement réel.
Bourse de Tunis : comment lire le Tunindex et investir depuis la diaspora
Pour beaucoup de Tunisiens installés en France, en Belgique, au Canada ou dans le Golfe, la Bourse de Tunis reste un sujet flou : on sait qu'elle existe, on entend parler du Tunindex, mais on trouve rarement un guide simple qui explique comment lire le marché et ce que signifie vraiment investir depuis l'étranger.
Prix du cacao aujourd'hui en Côte d'Ivoire : ce qu'il faut comprendre en 2026
Le cacao reste l'une des matières premières les plus importantes du monde francophone africain. En Côte d'Ivoire, il ne s'agit pas seulement d'un prix de marché. C'est un sujet de revenu rural, de politique agricole, de commerce extérieur et de climat économique national. Quand le cacao bouge, une partie du pays bouge avec lui.
Comment investir en bourse en Afrique francophone : guide débutant 2026
Investir en bourse en Afrique francophone n'est pas compliqué parce que les marchés seraient incompréhensibles. C'est compliqué parce que l'information est dispersée, les intermédiaires sont différents selon les pays, et les guides pratiques en français sont souvent incomplets.
More Analysis · 5
Further reading across African capital markets.
Introducing The Mansa 100: Africa's Most Valuable Companies, Ranked Monthly
*Last updated: July 19, 2026 | Reading time: ~5 minutes*
Africa's Top Dividend Payers in 2026: The Highest-Yielding Stocks on the Continent
*Last updated: July 9, 2026 | Reading time: ~9 minutes*
Top 8 ZSE Zimbabwe Stocks to Buy in 2026
*Last updated: July 9, 2026 | Reading time: ~7 minutes*
Top 7 USE Uganda Stocks to Buy in 2026
*Last updated: July 9, 2026 | Reading time: ~7 minutes*
Top 8 BSE Botswana Stocks to Buy in 2026
*Last updated: July 9, 2026 | Reading time: ~7 minutes*
The Mansa Brief.
Weekly African market intelligence every Saturday. Index performance, top movers, and capital market signals across major African exchanges.