Capital raising in Africa dips due to fewer domestic listings
--:--
Capital raised by African issuers declined by 28% year-on-year to $341m in the first-half of 2019. The decline is attributed to the 80% drop in domestic capital raising in Africa - standing at only $85m from four Initial Public Offerings (IPOs). This is according to Baker McKenzie’s latest Cross-Border IPO Index.
Business Day TV sat down with Baker McKenzie's head of capital markets Wildu Du Plesis to find out if this trend is likely to continue.
Business Day TV sat down with Baker McKenzie's head of capital markets Wildu Du Plesis to find out if this trend is likely to continue.
