Capital raising

Giant cranes dwarf containers on a giant project
Capital raising

SGTM builds Casablanca bourse after $548m share offer IPO was 34x over-subscribed

Construction company Société Générale des Travaux du Maroc (SGTM) is to list on the Bourse de Casablanca tomorrow, 16 December, after 34 times oversubscription for ...

City scape at night dominated by large Hassan II mosque, Casablanca, stock exchange reforms boost economy
Capital raising

Cash Plus soars 61% after IPO oversubscribed 65x

The share price of Moroccan fintech firm Cash Plus has soared 61% in five days of trading after it listed on the Bourse de Casablanca ...

top half of stock exchange announcement, Dot Com Zambia IPO initial public offering oversubscribed.
Capital raising

Dot Com Zambia IPO closed early after 114x oversubscription

FROM THE LUSAKA SECURITIES EXCHANGE MARKET UPDATE: DOT COM ZAMBIA PLC IPO SUCCESSFULLY SUBSCRIBED The Lusaka Securities Exchange (LuSE) wishes to advise the market that ...

Man in protective gear dismantling electronic equipment, illustrate story on the 2 share offers by The Initiates PLC on Nigerian Exchange
Capital raising

UPDATE: Nigerian waste management company hybrid offer extended to 12 January

UPDATE 15 Dec: The Initiates Plc share offer has been extended from 12 December to 12 January, according to this announcement on the company’s website ...

Landscape view from high building of Addis Ababa business district and skyscrapers.
Capital raising

Ethiopia roundup – 4 listings in coming weeks, market index coming

Last week’s sold out 2nd Capital Market Summit hosted by Ethiopian Capital Market Authority (ECMA) has spurred a host of stories and announcements. 70 companies ...

A banner advertisement for a share offer to raise capital for a Nigerian agricultural enterprise, capital raising in Africa.
Capital raising

Nigerian agri-business $162m share offer – EXTENDED

(NOTE: This post is for news information only and does not constitute investment advice in any form) UPDATE: Ellah Lakes has extended its share offer ...

Graphic design to illustrate IPO share offer and capital raising for African tech firm on the Lusaka Securities Exchange.
Capital raising

Dot Com Zambia launches IPO from 27 Nov

(NOTE: This post is for news information only and does not constitute investment advice in any form) UPDATE: The Dot Com Zambia IPO closed a ...

architectural designs on door of Hassan II mosque in Casablanca, illustrate new listings on Casablanca Stock Exchange
Capital raising

Cash Plus IPO in progress and 3 more listings in Casablanca

Morocco’s Bourse de Casablanca (Casablanca Stock Exchange) is dynamic for capital raising this year. Its first listing of the year was oversubscribed 64 times. Fintech ...

City scape at night dominated by large Hassan II mosque, Casablanca, stock exchange reforms boost economy
Capital raising

Structural reforms boost Morocco’s capital market in run up to World Cup

New listings highlight the success of a 10-year programme with the partners such as the World Bank, which has supported Morocco through the World Bank ...

Fruitbats hanging in trees illustrate sustainable and green finance in Rwanda
Bonds

Sustainable finance blooms in Rwanda

Rwanda is moving fast to become a green and sustainable finance hub for Africa. In coming weeks the Rwanda Stock Exchange (RSE) will launch a ...

banner with African tech titans and words, highlight the venture capital investment into Venture Partners Pan-African Fund II
Capital raising

Nigeria puts spotlight onto dynamic tech firms

The news spotlight is firmly back onto Africa’s high-flying technology scene this week, with the news that a venture fund backed by the Nigerian Government ...

Landscape view from high building of Addis Ababa business district and skyscrapers.
Capital raising

Ethiopian Securities Exchange news roundup

The Ethiopian capital market continues to score new milestones Three more service providers The Ethiopian Capital Market Authority (ECMA) issued licences to 3 new Capital ...

BBFA's record $241m IPO on Angola's Bodiva securities exchange doesn't ruffle the boats in Luanda harbour.
Capital raising

Success with 5x oversubscription on Angola’s $241m IPO share offer

Angola’s stock exchange, the Bolsa de Dívida e Valores de Angola (Bodiva), scored a huge success with the successful outcome of its biggest initial public ...

Luanda Angola seafront where BAI is set for Angola's largest IPO
Capital raising

25 September deadline for Angola’s biggest IPO – SEE NEWER STORY

Update: The offer closed successfully with 5x oversubscription and raised $241m for the 2 selling shareholders. See our updated story here. Investors have just two ...

Executives and leaders of Nigeria's Guaranty Trust Holding Co celebrate the June 2021 listing on the Nigerian Exchange (NGX)
Capital raising

Nigeria’s GTCO to list on London SE from 9 July

(NOTE: This news report is not legal advice or an official announcement. You are advised to check the official documentation. AfricanCapitalMarketsNews takes no responsibility for ...

Traders on the trading floor of the Egyptian Exchange stock exchange
Capital raising

Bonyan real estate EGX listing expected in June

Although no date has been given for the listing of Bonyan for Development and Trade on the Egyptian Exchange, the listing is anticipated for next ...

BBFA's record $241m IPO on Angola's Bodiva securities exchange doesn't ruffle the boats in Luanda harbour.
Capital raising

Angola’s Bodiva stock exchange expects more listings

Angola’s stock exchange, the Bolsa de Dívida e Valores de Angola (Bodiva), expects the number of listed companies will soar from 4 to 10 by ...

Leaders of business line up for listing ceremony of housing group Haldane McCall on the Nigerian Exchange Limited.
Capital raising

Nigeria’s new listing tops trading volumes as shares soar

Housing and hospitality group Haldane McCall plc sees its listing on the Main Board of the Nigerian Exchange Limited as the route to raise future ...

Composite image of woman customer ns staff member from website advertising Boxer Grocery chain share offer, IPO and listing.
Capital raising

Grocer’s $440m is Africa’s biggest IPO of 2024

UPDATE 25 November: The Boxer initial public offer (IPO) raised ZAR 8.5 billion ($471 million) for South Africa’s Pick n Pay. It sold a 34.4% ...

Group of people in Ghanaian clothes ring bell at stock exchange. Ghana Stock Exchange launches OTC market for trading equities, rural and community banks may raise capital
Capital raising

Ghana’s OTC market aims to help smaller companies raise “patient capital”

The Ghana Stock Exchange has launched an official regulated over-the-counter (OTC) market where shareholders can trade in equities and other securities that are not listed ...