30 results
- 4 Jun 2018
MTN Makes History with Mobile Money-Based IPO in Ghana
MTN, Africa’s largest telecoms operator is going public in Ghana with its initial public offering (IPO) which will run from May 31 till July 31. The IPO is the largest ever undertaken in Ghana…
- 26 Dec 2019
Airtel Targets $37.5m in Malawi IPO
Airtel Africa Plc has said it expects to raise about $37.5m in its Initial Public Offering (IPO) in Malawi. Airtel had earlier revealed its plans to undertake an IPO in Malawi. It said the listing…
- 6 Jul 2018
MTN Nigeria Begins IPO in August
MTN Nigeria’s Initial Public Offering (IPO) has been set for August as part of MTN’s plans to restructure debts and fund local investments in Nigeria with its local currency, according to…
- 2 Feb 2021
IST Orders NDIC to Pay IPO Subscriber
Investment and Securities Tribunal (IST) has ordered the Nigeria Deposit Insurance Corporation (NDIC) to pay a subscriber to an aborted initial public offering (IPO), in a landmark judgment that…
- 27 Mar 2025
NNPC Ready to Go to Capital Market for IPO- CFIO
Nigerian National Petroleum Company (NNPC) Limited has announced its readiness for the capital market with an Initial Public Offer (IPO) now in the final stage. Mr. Olugbenga Oluwaniyi, chief finance…
- 21 Jul 2019
Interswitch Reignites Plans to Raise $1Bn from IPO
Interswitch, Nigeria’s leading payments processing company has reignited its plans for an initial public offering (IPO), via a dual listing on the Nigerian Stock Exchange and London Stock Exchange…
- 9 Jul 2018
SEC says MTN Nigeria Yet to File for IPO
MTN Nigeria is yet to file its application for an initial public offering (IPO), Nigeria's securities regulator said on Sunday, a much-anticipated share listing that could value the business at…
- 1 May 2026
Opay Plans IPO in US, Targets $4Bn in Valuation
Opay, a financial technology (fintech) firm, is working with Citigroup Inc., Deutsche Bank AG, and JPMorgan Chase & Co. for an initial public offering (IPO). According to a report by Bloomberg on…
- 25 Apr 2018
MTN Plans $500m IPO- SEC
Securities and Exchange Commission (SEC) has confirmed that MTN Group had finally commenced discussions with the commission on its proposed 500 million dollars Initial Public Offering (IPO). A…
- 24 Jun 2026
SEC Bars Dangote Refinery IPO Adverts
Securities and Exchange Commission (SEC) has banned the marketing and promotion of a purported initial public offering (IPO) by Dangote Petroleum Refinery & Petrochemicals FZE,. It further warned…
- 29 May 2018
MTN Ghana to Raise Nearly $750 million in IPO
MTN’s Ghana business is seeking to raise 3.47 billion cedis ($743 million) in a 35 percent initial public offering to be launched on Tuesday, sources involved in the IPO said. In what is expected to…
- 18 Aug 2026
Standard Bank Targets Stake in OPay Ahead of IPO – Report
Africa’s largest bank by assets, Standard Bank Group is in negotiations with Nigerian fintech company OPay ahead of the latter’s planned initial public offering (IPO) in the United States.
- 2 Sept 2018
MTN’s IPO Under Threat as CBN Asks Telco to Return $8.1Bn
The plan to list MTN Nigeria in an initial public offering (IPO) is under threat after the Central Bank of Nigeria (CBN) ordered the South African telecoms giant to hand over $8.1 billion allegedly…
- 26 Jun 2018
IHS Halts $10Bn IPO over Concerns for 2019 General Elections
IHS Towers Ltd. has postponed an initial public offering (IPO) that would have valued the company at as much as $10 billion, according to people familiar with the matter, because of concern that a…
- 16 Apr 2018
MTN Group Meets FG over Nigerian IPO
MTN Group has met with the federal government as part of its commitment to Nigeria and assures the government of its commitment on the planned IPO and diversification of shareholding to Nigerians.…
- 30 Mar 2026
Dangote Refinery Debunks Speculations on IPO
Dangote Petroleum Refinery and Petrochemicals (DPRP) has debunked recent circulation of unauthorised information regarding a potential Initial Public Offering (IPO). In a statement, DPRP noted that…
- 28 May 2018
MTN Says No Date Yet for IPO
MTN Group says there is no specific date for its initial public offering yet as it is still perfecting details of the proposed listing. A spokesperson of the company who spoke to NAN on Monday said…
- 23 Apr 2018
Regulator, Market Operators Mull e-IPOs
A committee comprising of the Securities and Exchange Commission (SEC), Nigeria Stock Exchange (NSE), Central Securities and Clearing System(CSCS), and six other organisations have been set up to…
- 12 May 2025
Airtel Money Plans IPO to Compete in Fintech Space
Airtel Africa is positioning its mobile money platform, Airtel Money, to challenge Africa’s fintech giants through a planned initial public offering set for the first half of 2026, Sunil Taldar,…
- 4 Oct 2021
IHS Towers Kicks Off IPO
IHS Towers, one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world, announced today that it has commenced an initial public offering…
- 4 Jun 2019
Airtel Africa Targets $750m in London IPO
Airtel Africa Ltd, a subsidiary of India’s Bharti Airtel Ltd, on Tuesday said it will proceed with its plan to list shares on the main market of the London Stock Exchange through an initial public…
- 24 Jul 2020
VFD Group Plans IPO on the NSE in 2022
VFD Group, a proprietary investor in financial services companies, is targeting a 2022 initial public offering on the Nigerian stock exchange, CEO Nonso Okpala tells The Africa Report. The…
- 12 Feb 2019
Jumia, Konga Eye $1.5Bn, $3.2Bn from IPOs
Jumia and Konga, two major players in the eCommerce market are creating visible excitement in the space with eye-catching listing of their shares on the international market. Jumia is planning…
- 20 May 2026
Otedola Plans $100m Investment in Dangote Refinery ahead of Proposed IPO
Femi Otedola, chairman, First HoldCo, has revealed that he will invest $100 million in Dangote refinery. Aliko Dangote and Femi Otedola This is coming ahead of news that the Dangote refinery is…
- 16 Oct 2019
Helios Towers Prices IPO @ Low End of Range
African mobile networks operator Helios Towers has priced its initial public offering at 115 pence per share, giving it a market capitalisation of 1.15 billion pounds ($1.45 billion). Helios shares…
- 21 May 2026
Elon Musk to Become First World’s Trillionaire with SpaceX Historic IPO
Elon Musk is poised to become the world’s first trillionaire after SpaceX, his company, confirmed plans to go public. Elon Musk Because Musk owns the majority of the shares, it could push his net…
- 19 Aug 2020
IHS Holding Mulls Africa’s Biggest IPO worth $7Bn in US
IHS Holding Ltd, wireless towers operator, has reconsidered its plan to be listed on one of the US stock exchanges, according to a press release by Wendel. “We are still waiting for details on the…
- 26 Feb 2020
IHS Eyes $7Bn from Africa’s Biggest IPO
IHS Holding Ltd., wireless towers operator has hired banks to oversee what may be the biggest initial public offering of an African company in the U.S., according to people with knowledge of the…
- 21 Dec 2016
Interswitch Delays IPO Plan Over Dollar Supply Concerns
Interswitch, which processes payments for banks and owns a brand of debit cards in Nigeria, suspended plans to raise as much as $1 billion in an initial public offering as investors fret over further…
- 1 Sept 2016
MTN Nigeria IPO to Target $1Bn Proceeds after Fine
MTN Group, Africa’s biggest wireless operator by sales, and minority shareholders in its Nigerian business are seeking to raise about $1bn in an initial public offering, a condition tied to the…