Weekly Signal16 OCTOBER 2026
AT50 Index
1,438.76
+0.50(+0.03%) Weekly Ending
+69.76(+5.10%) Since Launch
Weekly Contribution (pts)
- TALA+0.21
- STITCH+0.14
- INTERSWITCH+0.14
- YELLOW CARD+0.11
- GOZEM+0.11
- OZOW+0.07
- ONAFRIQ-0.28
Index behaviour
- •Seven verified corporate-event adjustments contributed to weekly movement of +0.50 points (+0.03%): six positive contributions (+0.78 points) partially offset by one negative adjustment (−0.28 points).
- •Product capability, payments infrastructure and distribution developments supported modest gains across several constituents.
- •Tala was the largest positive contributor, while Onafriq recorded the largest absolute adjustment.
- •Previously unscored Yellow Card and Tala developments were applied this week without restating prior published levels.
- •Twiga retained through close pending MIC Gate 3 review, with no additional deduction.
- •Weekly movement remained modest and event-driven.
Drivers
TalaCrossmint integration connects Tala credit and wallet capabilities, with verified deployment in Mexico+0.21 pts
StitchLaunched Pulse Analytics for existing clients, providing payments reporting, analytics and operational capabilities+0.14 pts
InterswitchBank of India Uganda adopted Verve as its exclusive debit-card scheme, establishing a new issuing relationship+0.14 pts
Yellow CardExpanded Global Accounts proposition, offering named USD, GBP and EUR business accounts and access to international and local payment rails+0.11 pts
GozemDeployed Nodle’s Bluetooth asset-location network across five existing African markets to support fleet visibility and recovery+0.11 pts
OzowIntegrated into MoneyHash’s payment-orchestration platform, extending access to South African payment methods+0.07 pts
OnafriqWound down its Baxi agent-banking operation in Nigeria; other payment and card-issuing services continue in the market-0.28 pts
Rules based, audit trackedQuarterly benchmark, weekly signalNo forward-looking adjustments
Indexa Exchange Group