Africa's benchmark for private market visibility and public market readiness.

A new layer of institutional market infrastructure.

The AT50 Index is a curated, rules driven benchmark of fifty technology companies that demonstrate clear signals of market readiness. It provides the structure, comparability, and discipline required to strengthen domestic markets while keeping alignment with global standards.

Africa's private markets are now too large and too important to operate without a credible benchmark. Significant value is created long before a company approaches an exchange. That value needs rules based signals that are transparent and comparable.

The AT50 Index fills that gap as institutional infrastructure for private markets. It is designed as a bridge between private proof and public market readiness.

What the AT50 Index provides.

• Clear, comparable benchmarks for investors.
• Early, structured signals for exchanges and regulators.
• Visibility for founders scaling real businesses.
• A transparent framework that links private performance to public readiness.

Africa needs its own signals.

Private markets move billions, yet the data required to price value, assess readiness, and guide capital flows remains fragmented. The largest value creation on the continent now happens long before any company approaches an exchange.

Without clear, rules based signals:

• Investors rely on incomplete or incomparable data.
• Exchanges see high quality companies too late.
• Domestic markets struggle to retain and price value created at home.

Africa's growth story must be priced locally but recognised globally. The AT50 Index is built to support that bridge by turning private market information into structured, repeatable, and comparable signals for capital markets.

A structured, multipillar composite methodology.

The AT50 Index scoring model evaluates companies across six weighted pillars, combining quantitative and qualitative inputs into a composite signal of market readiness.

Hard gates and data discipline.

Eligibility for the AT50 Index is governed by six non negotiable hard gates. Companies must meet each gate to be considered for inclusion.

• Revenue scale that reflects meaningful market traction.
• Valuation or capital raised above defined thresholds.
• Governance maturity and board level oversight.
• Multi market operations across priority corridors.
• Technology as a core driver of the business model.
• Active company status and operating continuity.

All data used in the AT50 Index is labelled as Verified or Analyst Estimated, in line with global disclosure expectations for institutional benchmarks. AT50 Index constituents are internally locked and will be published at launch with the January 2026 methodology release.

Independent, institution grade governance.

Governance for the AT50 Index is designed in line with IOSCO's Principles for Financial Benchmarks, the global reference for credible index construction.

Governance is designed with clear separation of powers across methodology, oversight, and administration. No single stakeholder group can influence outcomes. The AT50 Index is administered independently and follows documented change control procedures for methodology updates.

Invitations to selected exchanges, DFIs, law firms, auditors, and market experts are underway as the governance framework scales.

Expanding the benchmark universe.

The AT50 Index is the flagship within a broader family of indices designed to support visibility and discipline across private and public markets.