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 'telecommunications'
Opportunities in Africa’s top 20 cities
March 8th, 2015 by Tom Minney
Nairobi is ranked the most attractive city for foreign direct investment (FDI) in Africa but North African cities and Johannesburg dominate the continent in an interesting PwC report, highlighting 20 African cities, because cities are the engine of growth worldwide and particularly in Africa.
DPI private equity fund raises $400m
October 21st, 2013 by Tom Minney
A leading African private equity house Development Partners International (DPI) has reached the first close of its second pan-African African Development Partners II (ADP II) fund at over $400 million.
Nigerian Stock Exchange to roll out top-speed NASDAQ OMX trading platform
April 27th, 2012 by Tom Minney
The Nigerian Stock Exchange says it will have the fastest trading system in Africa when it upgrades its trading to NASDAQ OMX Group’s X-Stream platform, with a target date of second quarter of 2013. The new system will handle a wide range of instruments.
IFC to invest up to $700m into new Africa telecoms
November 11th, 2011 by Tom Minney
The International Finance Corporation plans to invest up to $700 million in new African telecommunications projects in this year and the next, says Reuters.
OPIC invests $285m in 6 impact investing funds
October 31st, 2011 by Tom Minney
U.S. development finance institution, the Overseas Private Investment Corporation (OPIC), is to invest up to $285 million in financing to private equity funds. These in turn should raise more than $875m, representing the largest commitment by the U.S. Government to impact investing in emerging markets.
Tunis Stock Exchange seeks to support growth
August 25th, 2011 by Tom Minney
The Bourse des Valeurs Mobilières de Tunis (BVMT – Tunis Stock Exchange), aims to support role in faster economic growth and has a 5-point development strategy. A share offer in May was 3.2 times oversubscribed.
Helios closed giant $900 mn African private equity fund
June 22nd, 2011 by Tom Minney
Pan-African private equity firm Helios Investment Partners announced that it had raised $900 million for its second Africa-focused private equity fund, and the fund was over-subscribed. It is the largest Africa fund raised.
Emerging Capital Partners (ECP) awarded “Best Private Equity House in Africa”
March 9th, 2011 by Tom Minney
Emerging Capital Partners has won an award as “Best Private Equity House in Africa” named by EMEA Finance magazine. This recognizes ECP’s achievements in raising over $613 million for its third pan-African fund, ECP Africa III (AF III), making it the largest fund ever raised for growth equity investing across Africa.
Listing of Tunisie Telecom cancelled
February 28th, 2011 by Tom Minney
Tunisie Telecom has cancelled plans for a joint initial public offering on the Paris and Tunis stock exchanges after consultations with trade unions following several changes of Government in recent weeks and the resignation of the former president.