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IPO Mania Skips Africa, Where Fast-Growing Firms Prefer Debt |

(Bloomberg) -- A global surge in initial public offerings has so far eluded sub-Saharan Africa. Companies have raised a record $467 billion on the worldโ€™s stock exchanges during the first eight months of this year, according to data compiled by Bloomberg. Yet in Johannesburg, home of Africaโ€™s largest bourse, 21
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