Kavango Resources Secures $4.5M With Victoria Falls Exchange Listing

BREAKING NEWSSeptember 9, 2025 at 1:32 PM UTC

TLDR

Kavango Resources Plc has joined the Victoria Falls Stock Exchange (VFEX), with admission effective September 5 and trading beginning September 8
The London-listed exploration company raised $4.5 million through the listing to support its exploration and development projects
Kavango will retain its listing on the London Stock Exchange (LSE) as its primary market, while utilizing VFEX as a secondary platform to broaden access

Kavango Resources Plc has joined the Victoria Falls Stock Exchange (VFEX), with admission effective September 5 and trading beginning September 8 under the ticker KAV.VX. The London-listed exploration company raised $4.5 million through the listing to support its exploration and development projects in Southern Africa.

Kavango will retain its listing on the London Stock Exchange (LSE) as its primary market, while utilizing VFEX as a secondary platform to broaden access for regional and international investors. The arrangement enables shareholders to maintain their holdings in local custody and trade on VFEX, or transfer shares to London through a central control account.

The company, focused on base and precious metal exploration in Zimbabwe and Botswana, said the listing underscores its intention to strengthen ties with African shareholders and operations.

Launched in 2020, VFEX is a U.S. dollar-denominated bourse designed to attract foreign capital with tax incentives, free repatriation of funds, and lighter regulation.

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Key Takeaways

Kavango’s VFEX listing highlights the growing role of Zimbabwe’s dollar-denominated exchange as a regional capital-raising platform. By securing $4.5 million, the exploration company strengthens its balance sheet while signaling a long-term commitment to its African projects. For investors, the dual listing provides flexibility: local participation in hard-currency instruments via VFEX, combined with access to London’s deeper liquidity. This structure can help bridge African capital needs with global investor pools. For VFEX, the listing is a symbolic win. Since its 2020 launch, the exchange has positioned itself as a hub for international firms operating in Zimbabwe, offering incentives such as tax exemptions and simplified repatriation. Kavango’s decision to list reinforces VFEX’s credibility and could encourage more resource companies to follow, further anchoring Victoria Falls as a financial center in Southern Africa.

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