Africa Equity
-
South African financial services group Alexander Forbes is relisting on the Johannesburg Stock Exchange, seven years after it was taken private through a leveraged buyout. -
The Moroccan royal family has sold its stake in Lesieur Cristal after it completed the sale of MDh580m ($69m) of shares in the Moroccan food oil manufacturer Tuesday.
-
South African healthcare firm Mediclinic raised R3.2bn ($296m) through a sale of new shares on Wednesday night that will help the firm expand into new countries.
-
Nigeria and West Africa focused oil and gas firm Lekoil completed a capital raise on Wednesday that will part fund its purchase of a new oil field.
-
The private equity owner of Umeme has reduced its stake in Ugandan electricity distributor, following on from a ground breaking IPO in 2012.
-
South African property firm Resilient Property has successfully completed a rights issue that will allow it to expand its portfolio of shopping centres.
-
South African mining company Royal Bokafeng Platinum completed a R800m ($76m) capital raise on Monday that will allow the company to develop a new mine.
-
African ECM bankers hailed the completion of an innovative cross listing of Nigerian oil and gas firm Seplat on Wednesday, laying the foundations for a growth in Nigerian ECM as investor sentiment towards the country grows.
-
African ECM bankers hailed the completion of an innovative cross listing of Nigerian oil and gas firm Seplat on Wednesday, laying the foundations for a growth in Nigerian ECM as investor sentiment towards the country grows.
-
Copperbelt Energy Corp, a Zambian electricity company, raised ZK387.5m ($62.3m) in the second largest equity issue ever completed in the African country.
-
Copperbelt Energy Corp, the Zambian electricity company, has raised ZK387.5m ($62.3m) in the secondary largest equity raise ever completed in the African country.
-
Nigerian oil and gas firm Seplat launched an IPO of more than $500m on Tuesday, the biggest exploration and production flotation since the financial crisis. It will seek a dual listing of its shares in London and Lagos.
