Capital raising

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

[PHOTO CREDIT MARTIN HARVEY/WWF] 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 …

Coca Cola supports small business owners across Africa
Capital raising

Opening Coca Cola’s $8.1bn IPO plan

Coca-Cola could aim for €7bn ($8.1bn) when it lists its African bottling operations with an initial public offering (IPO) of shares before listing on Euronext …

Capital raising

MTN Uganda IPO doubles the Uganda Securities Exchange

CAPITAL-RAISING/ IPO NEWS – The Uganda Securities Exchange has more than doubled in size after the listing of telecommunications firm MTN Uganda on 6 December. …

Telco MTC Namibia lists shares on Namibia stock exchange after listing
Capital raising

MTC Namibia IPO results, listing on Namibian Stock Exchange 19 Nov

MTC Namibia to list on Namibian Stock Exchange on 19 Nov after successful share offer IPO of 299 million shares. Its Namibia’s biggest share offer and raised $162m for the government which may be used to create a sovereign wealth fund..

Capital raising

Will 17 Nov Ghana budget unblock flow for SOE listings?

Would-be investors are waiting for news from the technical committee working to prepare Ghanaian State-owned enterprises (SOEs) for share sales of their shares on the …

Capital raising

MTN’s $280m share offer to NGX investors

Telecoms firm MTN Group, based in South Africa has announced it will proceed with a public offer of up to 575 million shares in MTN Nigeria. MTN has been selling off assets and restructuring as it steps up the pace in the race to dominate Africa’s telecommunications sector.

Egyptian Exchange EGX boosted by IPO share offer
Capital raising

Egypt’s $372m e-finance IPO may herald privatizations

E-Finance for Digital and Financial Investments, raised $372m in an oversubscribed IPO on the Egyptian Exchange (EGX). Does the biggest share offer in EGX history unblock Egypt’s multi-billion pound privatization pipeline?

Capital raising

Mobile phone towers valued at $7bn in New York

IHS Holding Ltd (ticker IHS:US), holding company of the biggest independent operator of mobile phone towers in Africa, scored a $7 billion valuation in its …

Capital raising

MTN IPO to boost Uganda stock exchange

MTN Uganda is set to transform the Ugandan capital market with the biggest initial public offering (IPO) since the Uganda Securities Exchange was launched. It …

Capital raising

MTC rings up Namibia’s biggest IPO, closing 1 Nov

IPO ALERT – Namibia is gearing up for its biggest initial public offering (IPO) when Government sells 49% of the leading telecommunications company MTC Namibia. …

Capital raising

Eco-friendly shopping centre raises $18m green bond

The first corporate green bond in Francophone West Africa was oversubscribed, financing an environment and social friendly real-estate project.

Capital raising

Africa’s top telco towers firm seeks $7bn US listing

A telecoms firm launched in Lagos is set to be Africa’s biggest listing in the United States with a suggested $7bn valuation. IHS Holding Ltd, …

Capital raising

Zambia Forest lists on Lusaka Securities Exchange

Zambia Forestry and Forest Industries Corporation PLC today (12 February) brought welcome relief to the Lusaka Securities Exchange when it broke a 6-year listing drought. …

Capital raising

Nigerian Stock Exchange launches SME Board

Dynamic Nigerian entrepreneurs are in focus after the Nigerian Stock Exchange launched a growth board for fast-growing small and medium enterprises (SMEs) to help  businesses …

Capital raising

Seychelles MERJ Exchange IPO closes 28 Feb

The MERJ Exchange, the national securities exchange of Seychelles, has extended its $4 million initial public offer (IPO) to 28 February in the form of …