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Nearly two-thirds of the top 20 largest disclosed deals involved investors from the US Companies including Endeavor Catalyst and Ribbit Capital that took part in at least three deals each.
MTN Group Ltd’s shares surged in Johannesburg after the wireless carrier edged closer to gaining a lucrative mobile-money license in Nigeria, more than two…
(Bloomberg) -- MTN Group Ltd.’s shares surged in Johannesburg after it moved a step closer to getting a license to operate lucrative mobile-money services in Nigeria, Africa’s most populous nation. The continent’s largest wireless carrier jumped as much as 19% and was up 13.7% at 11 a.m.
(Bloomberg) -- A global surge in initial public offerings has so far eluded sub-Saharan Africa. Companies have raised a record $467 billion on the world’s stock exchanges during the first eight months of this year, according to data compiled by Bloomberg. Yet in Johannesburg, home of Africa’s largest bourse, 21
A global surge in initial public offerings has so far eluded sub-Saharan Africa