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Ethiopia has raised 3.2 billion birr ($24 million) in its maiden initial public offer in mobile-network operator Ethio Telecom....

Flutterwave Inc.'s long-awaited initial public offering will only take place when Africa's largest payments startup is profitable, its chief executive officer said....

African Bank has reported a profit of $28.8mn in its 12 months to September 30, up from $28.7mn in the prior year.The achievement, the South ......

UPDATE 1-South Africa's Pick n Pay raises $471 mln in Boxer IPO Adds details JOHANNESBURG, Nov 25 (Reuters) - South African grocery retailer Pick n Pay PIKJ.J raised 8.5 billion rand ($471 million) after selling a 34.4% stake in its discount chain Boxer at 54 rand per share each to institutional investors in an initial public offering , it said on Monday....

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South African grocer Pick n Pay says its Boxer IPO could raise $450 mln...