Capital raising

Capital raising

Nairobi Securities Exchange IPO closes 12 Aug

The Initial Public Offering (IPO) of the Nairobi Securities Exchange Limited is open until 12 August. The NSE is seeking to raise KES 627 million ...

Capital raising

Kenya pledges lower domestic rates after $8.8bn bids for its $2bn Eurobonds

Global investors offered a record $8.8bn and Kenya issued $0.5bn in a 5-year Eurobond at 5.875% and $1.5bn of a 10-year Eurobond at 6.875%.

Capital raising

Africa’s leading bond and debt summit

Top speakers including Government leaders, policy-makers, bankers, investors and experts will debate the future of Africa’s debt capital markets on Monday 30 June at the ...

Capital raising

Nairobi Securities Exchange plans to offer 38% of shares in June IPO

The Nairobi Securities Exchange is pushing ahead fast with its demutualization plans and will sell up to a 38% stake in an initial public offering ...

Capital raising

Ethiopia gets credit ratings from S&P and Fitch, plans Eurobond

Ethiopia, Africa’s fifth biggest economy, is thinking of a debut Eurobond, after it received its first international credit ratings on 9 May: it got B ...

Capital raising

Top legal conference focuses on Africa infrastructure and natural resources deals

International Financial Law Review (IFLR) Africa Forum on 20 May to focus on innovative financing and M&A for resource and infrastructure investment.

Capital raising

Nairobi Securities Exchange scores megaprofits and heads for own IPO and listing

The Nairobi Securities Exchange passed key resolutions to take its demutualization into final stages, after scoring record profits for the financial year to 31 Dec ...

Capital raising

Stock exchange experts urge focus on small and medium enterprises

An international panel of securities exchange experts has set up a task force to help securities exchanges raise capital for small and medium-size enterprises (SME), ...

Capital raising

The Africa Report food for thought on the “great game” in East Africa

An intriguing article just published by The Africa Report highlights the potential of the East African region, where the economy is forecast to grow 18-fold ...

Capital raising

Nigeria’s Abuja Commodity Exchange set for privatization

The Nigerian Government plans to privatize the Abuja Securities and Commodities Exchange by mid-2014, according to Arunma Oteh, Director General of Nigeria’s Securities and Exchange ...

Capital raising

Tanzania plans debut Eurobond of $500m-$1bn

Tanzania is planning to issue a first Eurobond of up to $1 billion, but the issue could be delayed until after June, according to ...

Overview of men and women at trading desks. Egyptian Exchange EGX boosted by IPO share offer
Capital raising

EFG Hermes says 3 IPOs coming to Egyptian Exchange this year

Three new initial public offer (IPO) share flotations with a total value of over $300m are planned for the Egyptian Exchange this year, says bank ...

Capital raising

“Dear Kwame..” an email from 2063 by the Chairperson of the African Union Commission

What will Africa look like in 2063? Nkosazana Dlamini Zuma, Chair of the African Union (AU) Commission, published her vision in an “an email from ...

Capital raising

Tunis Stock Exchange IPO is largest listing

The listing of Société d’Articles Hygiéniques (SAH), on the Tunis Stock Exchange on 9 Jan after a private placement and an oversubscribed initial public offer ...

Capital raising

Africa private equity – $2bn raised in 9 months to Sept

Africa’s private equity funds have reported closing funds with $2bn in investments, according to the industry news source Private Equity Africa, citing data from Preqin ...

Capital raising

Citadel Capital’s Rift Valley Railway opens Uganda-S Sudan trade after 20 years

Rift Valley Railways (RVR), a platform company of Egypt's Citadel Capital, has repaired 500 kilometers of track between Tororo in Eastern Uganda and Gulu in ...

Capital raising

Infrastructure needed to celebrate AU’s 50th anniversary

“Unity has no meaning unless it is the ability of the coal miner in Botswana to power a plant in Angola or the farmer in ...

Capital raising

Rwanda’s $400m Eurobond will pay for power, planes and conferences

The first Eurobond issued by Rwanda, due to mature in May 2023, raised $400 million at 6.875% and the money will go to start generating ...

Capital raising

Regulators discuss East African bookbuilding and stockbroker licences

The regional forum, the East African Securities Regulatory Authorities (EASRA), is seeking to create a harmonized licensing framework for the region for brokers and dealers, ...

Capital raising

Jacana merges with InReturn Capital, launches $75m private equity fund for SMEs

Entrepreneurs running small and medium-enterprises (SMEs) in West and East Africa stand to benefit from a new $75m private equity fund. The announcement follows the ...