|❤️Financial Research & Analysis on East African Markets| |🗞️Newsletter: https://xitter.cf/t.co/vXkqHKrslm| | Instagram/: https://xitter.cf/t.co/jLHxuIyENa

Joined November 2020
Join us this Monday on #MwangoSpaces as we explore investing through Ziidi Trader, with a focus on opportunities presented by the Quickmart and Dangote Refinery IPOs. Set a reminder and join the conversation: xitter.cf/i/spaces/1lJQRWbgzavxE
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Mwango Capital retweeted
Standard Group CEO Chaacha Mwita has resigned effective 1 Nov 2026, just 7 months after his substantive appointment (April 2026). He succeeded Marion Gathoga-Mwangi as Acting CEO effective 1 July 2025 (she resigned effective 30 June 2025 after roughly one year in the role). This continues high leadership turnover at the media group amid ongoing losses, a suspended ~KES1.5B rights issue and unpaid government advertising bills. No reason or successor disclosed.
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Anthropic has filed for what could become the largest IPO in history, targeting a Nasdaq listing under the ticker ANT, with Goldman Sachs and Morgan Stanley as lead underwriters. $ANT Link: sec.gov/Archives/edgar/data/…
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Airtel Mobile Commerce N.V. H1 2027 results (USD, YoY): — Revenue: +34.0% to 830M — Wallet services revenue: +36.7% to 408M — Payments and transfers revenue: +38.0% to 360M — Financial services revenue: +55.9% to 39M — Gross profit: +31.3% to 499M — Underlying EBITDA: +26.4% to 398M — EBITDA margin: -286 bps to 48.0% — Operating profit: +23.0% to 373M — PBT (Profit Before Tax): +18.2% to 360M — PAT (Profit After Tax): +21.6% to 228M — Net cash generated from operating activities: +10.8% to 366M — Operating free cash flow: +27.1% to 378M — Capex: +14.4% to 20M — Basic EPS: +21.1% to 7.9 cents — EPS (before exceptional items): +24.3% to 8.1 cents — Total customer base: +18.7% to 56.7M — Total processed value: +46.1% to 128B — Interim dividend: 6.4 cents per share
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Brazilian stocks plunged on Monday after President Luiz Inácio Lula da Silva secured a surprise fourth term, defeating Flávio Bolsonaro in Sunday's presidential runoff. The iShares MSCI Brazil ETF (EWZ) fell ~26% in premarket trading as investors unwound bets on a Bolsonaro victory and a shift toward fiscal discipline, tax reform & privatization.
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Rent is due, but the wallet says otherwise? Co-op Bank is offering eligible customers instant mobile loans to help bridge short-term cash gaps. Dial *667# or apply through the Co-op Bank app. Borrow responsibly. T&Cs apply. @Coopbankenya #Ad
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MultiChoice Kenya has unveiled four new DStv packages and prices, effective November 5, 2026, replacing the previous six-package lineup. — Starter: KES 750 (116 channels) — Select: KES 1,500 (149 channels) — Sports: KES 3,000 (159 channels) — Ultimate: KES 7,300 (180 channels) The Sports package includes all Premier League and UEFA Champions League matches, while Ultimate adds Formula 1, MotoGP, cricket, rugby, tennis & golf.
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It's the last week for the Quickmart and Dangote IPOs. Which one are you buying?
25%Quickmart only
17%Dangote Only
14%Both Quickmart and Dangot
43%Neither
83 votes • 20 hours
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Mwango Capital retweeted
#Ad | A new tuktuk costs KES 550,000. With @MogoAutoLtd , a KES 150,000 deposit gets you on the road. Own the tuktuk you drive and pay off the rest bit by bit. Apply at mogo.co.ke/mwangocapital
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The Bank of Uganda has tapped into its foreign exchange reserves for the second time in a week to support the weakening shilling. The shilling touched a fresh record low of UGX 4,448 per dollar on Monday, extending its losses this month to nearly 12%. bloomberg.com/news/articles/…
The Bank of Uganda has intervened in the foreign exchange market, selling an undisclosed amount of forex to support the weakening shilling, which has hit repeated record lows against the US dollar. The intervention follows an emergency 225-basis-point interest rate hike to 12%. (@The_EastAfrican)
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In its Q3 2026 earnings call last week, Honeywell highlighted growing refining and petrochemical investment in Africa, describing Dangote’s planned Kenyan refinery as a firm project. Honeywell has been selected to provide ~$300M in technology and engineering services for the proposed $16B Lamu facility.
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#Ad | Arvocap Asset Managers brings you the Almasi Fixed Income Accumulation Fund, a Kenya shilling-denominated fund designed for investors seeking to grow their capital through fixed-income investments. Learn more: arvocap.com/arvo-funds/3
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The Competition Authority of Kenya (CAK) has approved the proposed acquisition of sole control of Africa Business Corporation and Development Limited by Jayesh Umesh Saini.
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Mwango Capital retweeted
Big Tech takes center stage in next week's earnings calendar, with several major companies reporting Q3 2026 results including: — Tuesday: Visa, PayPal — Wednesday: Microsoft, Alphabet — Thursday: Amazon, Intel
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The Bank of Uganda has intervened in the foreign exchange market, selling an undisclosed amount of forex to support the weakening shilling, which has hit repeated record lows against the US dollar. The intervention follows an emergency 225-basis-point interest rate hike to 12%. (@The_EastAfrican)
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APA Apollo Group has acquired majority stakes in Tanzania’s Meticulous General Insurance and Metro Life Assurance, gaining control of both insurers following regulatory approval. The acquisition expands the Group’s presence in East Africa across general and life insurance, with both companies retaining their existing brands. The transaction value and exact shareholding percentages were not disclosed.
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𝐑𝐨𝐮𝐧𝐝𝐮𝐩 𝐨𝐟 𝐓𝐨𝐝𝐚𝐲'𝐬 𝐓𝐨𝐩 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐂𝐨𝐧𝐭𝐞𝐧𝐭 [𝟐𝟔𝐭𝐡 𝐎𝐜𝐭 𝟐𝟎𝟐𝟔]: 1. Quickmart has added RWC LLP (Redwheel) and 337 Frontier as cornerstone investors in its KES 15B IPO, committing KES 1.3B (8.7% of the offer) and KES 1.94B (13%), respectively. They join the UK Government's MOBILIST programme (KES 1.94B, or 13%) and IFC (proposed KES 1.94B, or 13%), bringing total cornerstone participation to approximately 48% of the offer.
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8. Kenya’s Competition Authority (CAK) has approved two proposed banking acquisitions: — Credinvest International Corporate Finance Limited’s acquisition of a 100% stake in Rafiki Microfinance Bank. — Billionaire Jayesh Saini’s acquisition of sole control of African Banking Corporation (ABC Bank). Both transactions, approved on 21 September 2026, remain subject to Central Bank of Kenya (CBK) approval.
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*African Business Corporation
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In our newsletter this week: 🛢️ Dangote acquires 25% of Kenya Pipeline in a KES 42.5B block trade and outlines a further $1.5B investment to expand KPC’s pipeline network. 🛒 Quickmart’s KES 15B IPO enters its final week with KES 7.12B, or 47.5% of the offer, in disclosed cornerstone commitments. 💰 Treasury proposes a 0% PAYE band for incomes up to KES 32,333 per month, alongside changes to stamp duty and mobile-phone import taxes. 🏦 Nedbank’s acquisition of 66% of NCBA becomes unconditional after shareholders tender 79.9% of the bank’s shares. Link in the tweet below.
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Mwango Capital retweeted
Dear Mwalimu, your plans don't have to wait for the next school term! 📚 Equity Bank is offering eligible TSC teachers EquiLoan financing of up to KES 10M at 14.8% p.a., repayable over up to 144 months, without collateral. T&Cs apply. #Ad
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