Capital raising

IHS Towers IPO share offer New York SE telecoms
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 …

MTN telco outlet in Uganda
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, coming this month

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 …

Capital raising

Helios Towers raised $364m in London IPO

Mobile telephone infrastructure company Helios Towers raised $364 million and listed on the London Stock Exchange yesterday 15 October. The stock HTWS launched at the …

Capital raising

$1.8bn Helios Towers closing London IPO on 14 Oct

Africa’s next mega-listing on the London Stock Exchange is an African company that operates 7,000 towers in the mobile telecommunications sector that continues to show …

Capital raising

Africa issuers raised $341m in 6 months, down 28%

Enterprises based in Africa raised $341 million through equity issues in the first half of 2019, down 28% on the $472m raised in the first …

Capital raising

Weak reception for Airtel Africa $750m IPO

Shares in Africa’s second biggest telecom company had a disappointing start in conditional trading on the London Stock Exchange today. The initial public offer had …

Capital raising

Bumpy ride when African tech unicorn Jumia comes to NYSE

Investors in Africa’s technology unicorn company Jumia have had a bucking bronco ride since it listed American Depository Receipts (ADRs, representing shares) on the New …

Capital raising

Airtel Africa confirms June $750m listing in London

Airtel Africa has confirmed that it is going ahead in June 2019 with its $750 million listing on the main market of the London Stock …

Capital raising

MTN Nigeria shares soaring after $5bn listing

Telecommunications firm MTN Nigeria has had strong days of trading since it joined the Nigerian Stock Exchange in a listing by introduction on 16 May. …

Capital raising

Guest post: Institutions funding infrastructure

By Gerald Gondo, Business Development Executive, RisCura Never before has the need for infrastructure felt so immediate and acute. This became apparent to me as …

Capital raising

Ethiopia aims for stock exchange by 2020

Ethiopia has set itself a tight timetable for economic reform, including privatization of telecoms by the end of 2019 and a domestic stock exchange by …

Capital raising

IPO report 2 – African companies raised $2.2bn in 2018

Africa-focused companies raised $2.17 billion via 18 share offers (IPO) and listings in 2018, but the number is down 25% from $2.89bn raised in 2017 …

Capital raising

IPO report – Airtel Africa looking for $1.25bn in 2019

++ STORY UPDATED AFTER ARTICLE IN SUNDAY TELEGRAPH IN UK ON 3 FEB 2019 ++ Airtel Africa, a UK-based company, is on track for an …

Capital raising

Politics getting better, Ethiopia ready for business says Arkebe Oqubay at UK-Ethiopia forum

A packed room of businesspeople and investors assembled in London on 16 October to hear about opportunities and news at the UK-Ethiopia Trade & Investment Forum 2018. Leader of the delegation was Arkebe Oqubay, Economic Advisor to the Prime Minister, who gave a detailed overview of events of the last 6 months and the big ambitions driving Ethiopia.