Capital raising

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

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

Grocery chain Boxer has launched its share offer, aiming to raise between ZAR 8.0 billion ($440 million) and ZAR 8.5 bn ($467m). Although it is ...

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 ...

Headquarters of Ethio Telecom as it prepares to launch first IPO of the Ethiopian Securities Exchange
Capital raising

Ethio Telecom IPO – Updated with details

UPDATED WITH DETAILS OF SHARE OFFER The state-owned giant Ethio Telecom launched its offer of 10% of its shares to the Ethiopian public from 17 ...

Cartoon image to advertise Altvest financial company is listing ordinary shares and 3 other classes on the JSE AltX through an IPO
Capital raising

IPO Watch – Altvest listing on JSE’s AltX to close 1 Oct

Disclaimer: This website and this article are for news and information purposes only. Nothing included here is an investment advertisement or financial promotion nor does ...

Photos of people enjoying the AFSIC Investing in Africa 2022 conference.
Capital raising

Africa’s biggest investment meet

There are only three weeks until the biggest African conference starts in London. Book before 30 September to save up to £840 ($1,119) per person. ...

Flyer for AFSIC, biggest African investment conference and event.
Capital raising

Interview with AFSIC CEO Rupert McCammon

With under three weeks to go to the 11th AFSIC – investing in Africa conference on 7-9 October, in London, here is an interview with ...

View of Freetown, Sierra Leone, where the first corporate bond has been used for capital raising for microfinance.
Bonds

Corporate bond boosts Sierra Leone capital market

Sierra Leone’s nascent capital market saw the successful issue of a first corporate bond. Local microfinance institution LAPO (Lift Above Poverty Organisation) SL raised SLE ...

Business and capital markets leaders in Rwanda watch Mahwi Grain Millers chairperson ring the bell for listing the corporate bond for trading on the Rwanda Stock Exchange after raising capital.
Bonds

Mahwi Grain Millers lists corporate bond in Rwanda today

Industrial company Mahwi Grain Millers Plc has today (2 September 2024) listed its first corporate bond on the Rwanda Stock Exchange (RSE). The first RWF ...

Mosi Oa Tunya waterfall, liquidity in Africa's bond capital markets
Bonds

New bond index may cut Africa debt costs

A ground-breaking effort to improve cost of credit for African borrowers, including governments, got a boost with the recent launch of the iBoxx LSF USD ...

Rainbow Chicken celebrates listing shares for trading on JSE stock exchange.
Capital raising

Rainbow Chicken flies on JSE

Rainbow Chicken, one of South Africa’s biggest poultry producers, has listed on the Johannesburg Stock Exchange as part of the unbundling of a conglomerate, The ...

View if Lagos harbour across the lagoon, 3 Nigerian banks raising capital on Nigerian Exchange
Capital raising

3 Nigerian banks raise $0.5bn capital through share issues

Nigeria’s top banks are raising over $550m on the Nigerian Exchange (NGX) in order to expand at home and abroad. They also plan to transform ...

People on balcony at London Stock Exchange applaud cross-listing of sustainability bond.
Bonds

NMB Bank sustainability bonds raise $ millions on global markets

Tanzania’s NMB Bank PLC continues its success in pioneering impact investing in East Africa with a sustainability bond cross-listed on the London and Luxembourg stock ...

Cilo Cybin cannabis investment SPAC lists on Johannesburg Stock Exchange.
Capital raising

Cannabis SPAC lists on JSE AltX

An investment company with a focus on cannabis and biotechnology is a new listing on the Johannesburg Stock Exchange (JSE) growth and innovation board. Cilo ...

Ethiopian Stock Exchange capital raise shares Addis Ababa
Capital raising

Fast progress at Ethiopian Securities Exchange

The Ethiopian Securities Exchange (ESX) is pushing forwards towards its launch and aims to launch secondary trading in bonds, equities and money market instruments in ...

Listing of Transcorp Power on NGX Nigerian Stock Exchange
Capital raising

$1.2bn power listing lights up Nigerian exchange

A power generator energized the Nigerian exchange with a NGN 1.8 trillion ($1.16 billion) boost to market capitalization, after listing 7.5 bn shares yesterday (4 ...

Private debt fund raises $156m to invest into African businesses and SMEs.
Capital raising

BluePeak private debt fund raises $156m

A fund offering private debt finance to growing African businesses has announced a final close at $156 million.  BluePeak Private Capital Fund SCSp is an ...

Africa's top investment conference brings together asset managers
Capital raising

Africa investment meet gathers $1trn investors

The tenth edition of what is probably the biggest investment conference for Africa brought together entrepreneurs and business opportunities with more than 1,200 delegates, over ...

Capital raising

Telco Orange rings up last share listing of 2022

The Bourse Régionale des Valeurs Mobilières (BRVM) regional exchange saw out the old year by listing the shares of telephone company Orange Côte d’Ivoire on ...

BODIVA exchange first IPO
Capital raising

Banco BAI raised $94m in Angola’s first IPO

Equity trading has started on Angola’s BODIVA stock exchange eight years after it opened. The biggest private bank, Banco BAI, held an oversubscribed public offer ...

black rhino in conservation bond investment
Capital raising

$150m conservation bond to boost rhino romances

Rhino romances in South Africa’s parks could provide a 9% boost to international bond holders’ returns in a first-of-its-kind conservation bond ...