Kavango Resources has officially listed on the Victoria Falls Stock Exchange (VFEX), becoming the latest junior miner to tap into Zimbabwe’s US-dollar capital market.
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The London-listed gold explorer brought its shares to VFEX through a secondary listing, allowing local investors to buy into the company directly in hard currency. As part of the process, Kavango also raised fresh capital from Zimbabwean pension funds, its largest shareholder, and local investors.
Market watchers have said the move offers two key lessons: for investors, it’s a chance to gain early exposure to a gold start-up with exploration upside; for other junior miners, it’s a model of how to combine fundraising, market access, and local stakeholder inclusion.
VFEX, launched in 2020, continues to position itself as a hub for global and regional capital. Kavango’s arrival marks its eighth listing, a development that marks growing confidence in the platform.
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