Vodacom Tanzania wrapping up $213m IPO on Dar es Salaam bourse
June 27th, 2017 by Tom Minney
Some 40,000 Tanzanians subscribed for the TZS476 billion ($213 million) initial public offer (IPO) of Vodacom Tanzania Ltd.
Tag Archive for 'Initial Public Offer'
Africa IPO round-up
November 7th, 2016 by Tom Minney
Roundup of some recent initial public offers (IPOs) of shares which raised capital for businesses listed on Africa’s stock exchanges.
Dar Stock Exchange shares double on first day of listing in hectic trading
July 13th, 2016 by Tom Minney
Trading has been fast and furious in the shares of Dar es Salaam Stock Exchange PLC, which self-listed at 9am on 12 July. The first day of trading saw the shares open at TZS 500 each and soaring as high as TZS 1,000 and trading again scorched today (13 July).
Dar es Salaam Stock Exchange IPO nearly 5x oversubscribed
June 18th, 2016 by Tom Minney
Total bids for the initial public offer (IPO) of shares in the Dar es Salaam Stock Exchange PLC was TZS35.8bn ($16.4m). This is 4.8 times the offered amount of TZS7.5bn ($3.4m) in the IPO which closed on 3 June. The DSE will self list on 12 July.
Tech will drive African IPOs
June 10th, 2016 by Tom Minney
Telecoms, e-commerce and technology will be the driving force behind many of Africa’s coming initial public share offers (IPOs) as the continent’s telecom, media and technology (TMT) sector continues to grow fast.
Dar es Salaam Stock Exchange readies for $3.4m IPO and self-listing
May 6th, 2016 by Tom Minney
The Dar es Salaam Stock Exchange Plc will launch its initial public offer soon, after completing the demutualization. The Capital Markets and Securities Authority, said the bourse can raise TZS 7.5 billion ($3.4 million) by issuing 15 million ordinary shares at TZS 500 each.
Rwanda Stock Exchange expects 3 share offers (IPOs)
January 15th, 2016 by Tom Minney
The Rwanda Stock Exchange is expecting 3 IPOs in the coming months, to bring the equities listed for trading to 10.
IPOs soar as Africa’s capital markets raise $11bn
February 9th, 2015 by Tom Minney
• US$11bn IPO and FO proceeds raised in 2014 in African equity markets • US$37.4bn proceeds raised from 2010 to 2014 • 24 African IPO companies listed in 2014 African markets excelled in terms of capital raising for business in 2014 with a total of $11 billion raised through a total of 24 initial public […]
Total Senegal offers shares in IPO until 7 Nov for BRVM listing
October 13th, 2014 by Tom Minney
Oil products company Total Senegal has an initial public offer (IPO) of shares open until 7 Nov, offering 8.9% of the company in an IPO before listing the African equities on the Bourse Regionale des Valeurs Mobilieres (BRVM).
9 African IPOs in first half of 2014 raise $808m, passing all 2013
August 11th, 2014 by Tom Minney
Initial public offers (IPOs) on African stock exchanges for the first half of 2014 has raised capital totalling $808.5 million, compared to a total of $757.5m raised throughout 2013