Today, the London Stock Exchange welcomed Indexa Exchange Group to open the market, marking the launch of its Africa Tech Index (“AT50”), a quarterly, rules-based benchmark designed to strengthen private-to-public readiness signals for Africa’s most scaled private technology companies.
Over the past decade, African technology companies have scaled to meaningful revenue, transaction volume, and regional reach, largely in private markets. AT50 exists to provide public markets and long-term institutional capital consistent reference points to assess governance maturity, liquidity visibility, and readiness for credible listing pathways.
The event convened senior leaders from across exchanges, global banking, asset management, and market infrastructure, alongside founders and senior executives from AT50 companies. The programme included a fireside conversation between Gbite Oduneye, Chair of the Africa Tech Index and Abi Ajayi, Primary Markets Head – Africa & Middle East, London Stock Exchange, followed by panels examining private securities markets, exits and liquidity, governance and disclosure expectations, and public markets as a growth platform for scaled technology companies.
Abi Ajayi, Primary Markets Head – Africa & Middle East, London Stock Exchange, said: “Trusted markets are built on transparency, governance, and comparable standards. We are pleased to host the launch of AT50 at the London Stock Exchange as part of a broader conversation on private-to-public pathways and the market infrastructure required to support them.”
Gbite Oduneye, Chair of the Africa Tech Index, said: “Africa has produced scaled private technology companies with real revenues and resilience, but public markets and long-term capital have lacked consistent reference points to assess readiness. AT50 exists to close that gap through a rules-based benchmark built for institutional comparability and market trust.”
