Capital raising

Capital raising

Rwanda Stock Exchange opens with brewery IPO

Africa’s newest stock exchange is the Rwanda Stock Exchange (RSE), launched on 31 Jan to start trading the shares of brewer Brasseries et Limonaderies du ...

Capital raising

Algiers Stock Exchange: Results of Alliance Assurances IPO offer

Results have recently been released of the share offer of insurance company Alliance Assurances on the Algiers Stock Exchange. The share offer was open from ...

Capital raising

Tunisie Telecom aims to list on Tunis and Paris stock exchanges

Tunisie Telecom has announced the first stage of registration with the aim of listing on the Tunisian stock exchange Bourse de Tunis and NYSE Euronext ...

Capital raising

Jacana partners with Ghana’s Fidelity Capital Partners private equity manager

Jacana, a UK-based group that supports emerging SME private equity firms in Africa, has launched its second investment, a strategic partnership with Ghanaian fund manager ...

Capital raising

Templeton’s Mobius tells Reuters he picks Nigeria

Templeton fund manager Mark Mobius picks China and Nigeria as tips over the next 12 months, according to an interview with Reuters. Mobius oversees more ...

Capital raising

BRALIRWA, first Rwandan IPO, launches tomorrow

The Rwandan Government said today (22 November) that it aims to raise RwFr 22.1 billion (US$37.3 million) from the sale of its 30% stake in ...

Capital raising

UK-Mozambique Investment Forum 2010

A UK-Mozambique Investment Forum 2010, is coming to London on 2 December.

Capital raising

Lontoh Coal considers Hong Kong IPO reportedly “to avoid Zimbabwe sanctions”

Lontoh Coal ,a South African unlisted mining company with projects in Zimbabwe, wants to do its next public offer in Hong Kong, according to a ...

Capital raising

Rwanda starts pre-offer campaign for BRALIRWA

Rwanda's Capital Markets Advisory Council has launched a 2 weeks’ pre-offer campaign across the country to sensitize people ready for the initial public offer of ...

Capital raising

$250 million TMT and real estate fund raising capital in East Africa

Kenyan venture capital company East Africa Capital Partners Ltd is to begin raising its second fund next year, with a target size of USD250 million, ...

Capital raising

AfDB aims for $10bn a year infrastructure finance

The African Development Bank is aiming to commit up to $10 billion a year to infrastructure in Africa, according to a story on Reuters. Alex ...

Capital raising

Jacana makes first investment, into Kenya’s InReturn Capital

A UK-based investment and advisory firm concentrating on African venture capital managers has announced its first investment. Jacana Venture Partnership on 29 June announced that ...

Capital raising

Investors back $ billions of African bonds

Interest in African sovereign debt has been climbing again in recent months. Angola plans to issue a $1 billion - $2 billion benchmark bond., Kenya, ...

Capital raising

Africa needs $93 billion a year for infrastructure

Infrastructure is key to Africa’s growth, but financing is coming in far too slowly. Katherine Sierra, the World Bank's vice president for sustainable development, told ...

Capital raising

Rwanda makes $130 mln from privatisations

The sale of 56 enterprises has made at least Rwf 75 billion (US$131 million) for the Government of Rwanda, according to a report in the ...

Capital raising

Results of Uganda’s NIC privatisation share offer

Uganda's National Insurance Corporation (www.nic.co.ug), was oversubscribed after Uganda Shilling (UGX) 9.5 billion (US$4.6 million came in applications when Government offered its remaining 40% stake ...

Capital raising

Kenya: First steps for privatization of Consolidated Bank

The Kenyan Government’s Privatisation Commission is taking the next step towards selling a portion of Consolidated Bank of Kenya Ltd by appointing PricewaterhouseCoopers as transaction ...

Capital raising

$10.7 bln deal for African telecoms

Telecoms have attracted some of Africa’s biggest and most lucrative equity deals and the 14 Feb sale of $10.7 billion of telecom assets further indicates ...

Capital raising

Government agencies get together to promote investment

The Commonwealth Business Council has a top lineup for its Africa Investment Forum, due to be held from 8-10 February in Accra, Ghana in conjunction ...

Capital raising

Big plans for Rwanda capital market, including first local public offer

The Rwandan capital markets are set for growth in 2010, including plans for a first local initial public offer (IPO) and developing the Rwandan stock ...