Ethiopia: Ethio Telecom Promises First Dividend to Small Shareholders
Ethio Telecom has promised its first dividend to the private shareholders who bought into the state telecoms company, after a...
September 6, 2026Topic
IPO
Angola Sells Standard Bank Angola Stake
Angola sells a 34% stake in Standard Bank Angola on the Luanda exchange, worth up to about US$229 million, with...
September 6, 2026
The Kenya Pipeline IPO Cleared. Foreign Buyers Took 0.15% of Their Slice
The Kenya Pipeline IPO raised Sh112bn, but Uganda and 13 state pension funds supplied Sh95.8bn while foreigners bought Sh32.7m of...
September 1, 2026
Angola’s Biggest Phone Network Is Back After 23 Days Offline
Angola has recovered from the Unitel cyberattack of 28 July, with the operator confirming full restoration and saying no customer...
August 22, 2026
Dangote Refinery IPO in Nigeria Gets US$1 Billion Backing
Advisers say the Dangote Refinery IPO in Nigeria has a US$1 billion underwriting programme: US$600 million funded, US$400 million for...
August 19, 2026
Anthropic’s IPO Valuation Rests on a US$200 Billion 2028 Forecast
Bankers are valuing Anthropic's listing on its own 2028 revenue forecast of US$190 billion to US$200 billion, Reuters reports.
August 17, 2026
Nairobi Securities Exchange Hits US$31 Billion Market Cap
The Nairobi Securities Exchange has passed Sh4 trillion, about US$31 billion, for the first time, driven by domestic institutional money.
August 4, 2026
Dangote Refinery IPO Could Raise Up to US$5 Billion
Dangote's refinery IPO could raise up to US$5 billion, Nigeria's largest ever, as funds sell banks and telecoms to raise...
August 3, 2026
Angola’s Biggest IPO Raises US$321 Million on Unitel
The Angola Unitel IPO raised 300.3 billion kwanzas, about US$321 million, priced at the top of its range with more...
July 30, 2026