AFRICA TECH INDEX

AT50 Index
A benchmark tracking Africa’s most listing ready private technology companies
Built to connect readiness at home, and visibility abroad
From private proof to public signal
AT50 Index
1,000.00
Since Base (Q4 2023):
+10.0%
AT50 Index · Last Updated: January 28, 2026 (London time) · Base 1000.00 on (Q4 2023). Launch Level

AT50 Index is a benchmark, it is not an investable product and does not constitute investment advice.

AT50 Index Signal
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Launch Note

  • • Launched at the London Stock Exchange to establish a benchmark for Africa’s listing ready private tech leaders.
  • • Quarterly reviews, composite scoring, governance separated from commercial activity
  • • Post launch brief available to subscribers.
Built For
Institutional benchmark infrastructureIPO readiness and comparabilityCapital-markets signal
About the Index

The AT50 Index is a curated benchmark of Africa’s most investable, listing-ready technology companies. It is reviewed quarterly using a composite framework across valuation momentum, revenue strength, liquidity visibility, governance maturity, strategic expansion, and market signal. Built as institutional infrastructure, AT50 supports IPO readiness and improves comparability for investors, advisors, and exchanges

Quarterly Signal

INDEX SIGNAL

Inaugural launch observations

Liquidity Visibility

Improved across top constituents vs. prior review

Governance Maturity

Screens tightened, fewer "estimated" inclusions

Cross Border Expansion

Activity concentrated in the top cohort

Valuation Momentum

Remains uneven, dispersion is a feature, not a bug

Signal notes are derived from the AT50 composite framework and review process, not live pricing.

Transparent, data–driven inclusion framework

Quarterly reviews with published high-level criteria and governance oversight.

Explore Methodology

Overseen by an independent governance council

Guidance from leaders across capital markets, law, banking, and the African tech ecosystem.

Meet the Council
MARKET INFRASTRUCTURE NETWORK

Engagement across exchanges, regulators, and capital markets institutions

  • LSELondon Stock Exchange
  • NSENairobi Securities Exchange
  • NGXNigerian Exchange Group
  • USEUganda Securities Exchange
  • TSETunis Stock Exchange
  • CSECasablanca Stock Exchange
  • BSEBotswana Stock Exchange
  • KRXKorea Exchange
  • AFDBAfrican Development Bank
  • BIIBritish International Investment
Engagement indicates conversations and collaboration pathways, not endorsement or a commercial arrangement.
Governance

INDEPENDENCE AND PROCESS

How the AT50 signal is produced

Quarterly Review Cadence

Documented freeze dates and review steps

Evidence Tagging

Company verified vs analyst confirmed, applied consistently

Methodology Updates

Follow a published update protocol

Governance Oversight

Ensures process integrity and repeatability

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