Next Wave: What’s holding back African securities exchanges?
Flutterwave hints at going public, drawing attention to the trend of African startups seeking foreign listings. Only fourteen IPOs occurred in Africa in 2023, raising just $1.3 billion, compared to India's 57 IPOs raising over $7 billion.
GTCO targets $750 million capital raise on NGX and London Stock Exchange
GTCO plans to raise $750 million by listing additional shares on the Nigerian and London Stock Exchange. The share sale will help the bank meet a new working capital requirement of ₦500 billion.
