7 results for “capital markets”
Africa's credit outlook has improved as the African Credit Rating Agency (AfCRA) moves to reshape sovereign and corporate risk assessments, challenging international methodologies that have long frustrated African borrowers.
Dangote Petroleum Refinery says its initial public offering has drawn subscriptions from more than 90 countries, including investors in 51 of Africa's 54 nations, as the offer heads toward its October 27 close with no further extension planned.
Fidelity Bank has raised over N500 billion in new capital as Nigerian lenders race to meet the Central Bank of Nigeria's recapitalisation thresholds ahead of regulatory deadlines.
Africa's largest cement producer has appointed Goldman Sachs and UBS as bookrunners for a London secondary listing that could raise about $1 billion as early as November, with investor meetings due to begin on October 27 in London, South Africa and Dubai.
Nigeria's pension fund assets have grown beyond N31 trillion and now cover more than 11 million retirement savings account holders, with the regulator pushing to channel more of the money into infrastructure and the capital market.
The initial public offering of Dangote Petroleum Refinery and Petrochemicals was scheduled to close on October 13, 2026, a landmark test of whether Nigerian retail investors will buy into the country's biggest company.
The US banking giant plans to establish a merchant bank in Nigeria before the end of 2026 and has added the country to a new emerging-market bond index, in twin votes of confidence for the capital market.