Helios Towers rose 1.8% in London after raising R5.4-billion in a long-delayed share sale that gives investors a foothold in Africa’s fast-growing wireless tower industry.
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Interswitch, a Nigeria-based payments firm, has hired advisers to resurrect plans for a stock-market listing in London and Lagos later this year, people familiar with the matter said.
JPMorgan Chase & Co is hiring in sub-Saharan Africa as the New York-based bank works with companies to list their shares in London despite Brexit uncertainty.
Bharti Airtel’s Africa unit plunged in London trading after raising about $750-million in an initial public offering, making it among the worst debuts on European exchanges this year.
Former MTN group chief commercial officer Christian de Faria has been appointed as the new CEO of Bharti Airtel in Africa. De Faria “retired” from MTN in January after six years with the telecommunications group. According to a report in India’s
MTN South Africa chief technical officer Lambo Kanagaratnam is moving to a new role at the operator. Effective immediately, he will head up its enterprise business division. Airtel Africa chief technology officer Eben Albertyn has taken the reins from Kanagaratnam. Albertyn was formerly chief technology officer for MTN