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MTN Uganda’s unsold shares sale offer oversubscribed

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When MTN Uganda launched on the Uganda Stock Exchange (USE) in 2021, the listing raised the biggest capital—$4.43 billion—in the 24 year-history of the...

Flutterwave makes final moves towards IPO launch

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Flutterwave, the Nigeria-based digital payments company and Africa’s most valuable startup, has made changes to its corporate team as part of moves aimed at...

Graphic Communications Group gears up for recapitalisation

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The Management of the Graphic Communications Group Limited (GCGL) is strategising on how to recapitalise operations of the Company. At a staff meeting Thursday morning,...

Airtel Africa considers IPO for its mobile money unit – Report

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Africa’s second-largest telecom operator, Airtel Africa, is reportedly considering an initial public offering (IPO) for its mobile money unit.  According to a Bloomberg report citing people...

Telegram hits 900 million users and nears profitability as founder mulls...

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Pavel Durov, the owner of Telegram, has said that the secretive messaging app has reached 900 million users and is rapidly approaching profitability as...

Honor set for IPO

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Honor has indicated it is making initial preparations for a public listing of shares in a move expected to aid the next stage of...

Flutterwave forges ahead with IPO plans – CEO

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The Ffounder and CEO of Flutterwave, Olugbenga Agboola, has said the company is forging ahead with its planned Initial Public Offering against all odds...

Telecel set for IPO in 5 years

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The CEO of Telecel Group, Moh Damush has said that the company plans to go public in the next five years. Telecel, an Africa-focused...

Flutterwave plans NASDAQ IPO at US$3 billion value

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Flutterwave, the biggest Africa-focused fintech firm, is preparing for an initial public offering on the NASDAQ stock exchange even as it deals with regulatory...

MTN Nigeria’s shares oversubscribed by 139.47%

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MTN Nigeria has announced that its first public offer for sale of 575 million shares recorded an oversubscription of 139.47 per cent. This is contained...
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