Tag Archive for 'listing'

Innovative African IPO and listing successes show strong demand

A round-up of recent African IPOs and other listings, many over-subscribed, shows demand and innovation – Namibia scored its first SPAC and Mauritius listed GDRs.

Ethos Capital PE lists after R1.8bn oversubscribed private placement

Ethos Capital listed on South Africa’s JSE on 5 August after R1.8 bn ($131m) oversubscribed private placement creates liquid vehicle for private equity investors.

Korea Exchange success story with SMEs

The Korean Exchange (KRX) has grown to be the world’s third biggest stock exchange for listing and trading SMEs by creating a virtuous cycle in which growth generates cash-flows which in turn fuel more growth.

Zimbabwe Stock Exchange launches electronic trading 3 July

Electronic share trading is to go live today, 3 July, at the Zimbabwe Stock Exchange. There are new trading hours and only dematerialized securities can trade.

Total Senegal offers shares in IPO until 7 Nov for BRVM listing

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).

Good news for investors on London’s AIM mid-cap market

Fortunes improved for investors in companies on the London Stock Exchange’s Alternative Investment Market (AIM) market, according to a report by Deloitte examining listings and de-listings for 11 months to November.

JSE growth board AltX scores 100th listing with Osiris

The 100th company listed on the AltX growth capital board of South Africa’s JSE Ltd securities exchange this week, when Bermuda-based Osiris Properties International did a dual-listing to help it raise capital.

JSE stock exchange unveils new Africa strategy

This morning South Africa’s securities exchange, the JSE Ltd, announced a revised strategy to attract more listings from other African countries, as international interest soars. The JSE is closing its Africa Board and moving the 2 listed companies onto the Main Board or to Alt-X if they are growth companies. The JSE is also stepping up trading in depository receipts (DRs) and offering a broader range of exchange-traded funds and debt instruments.

First global company lists on Stock Exchange of Mauritius

The first offshore company was approved to be listed for trading on the Stock Exchange of Mauritius. Evisa Investments Ltd, which has invested in Kenyan insurance, has a Global Business Licence Category 1, approved by the Mauritius Financial Services Commission.

Tanzanite miner Richland heads for Dar-es-Salaam bourse listing

Tanzanians are to be able to invest in the gems that bear their country’s name, tanzanite. Richland Resources Ltd, listed on the London Stock Exchange’s AIM market says that it plans listing at the Dar es Salaam Stock Exchange by April, according to local press reports.