Tag: IPO
MTN Uganda’s unsold shares sale offer oversubscribed
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
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
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
Africa’s second-largest telecom operator, Airtel Africa, is reportedly considering an initial public offering (IPO) for its mobile money unit.Â
According to a Bloomberg report citing people...
Telegram hits 900 million users and nears profitability as founder mulls...
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
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
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
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
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%
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...