DEALS Leading the Expansion of Africa’s Capital Markets Absa | Corporate and Investment Banking > Insights and Events > Leading the Expansion of Africa’s Capital Markets SHARE We are pleased to have acted as Lead Transaction Advisor for Emtel Limited on their Initial Public Offering and subsequent listing on the Stock Exchange of Mauritius. Emtel is one of the leading Information and Communications Technology providers in Mauritius and has over the last 35 years pioneered innovative technology solutions in Mauritius and the islands of Rodrigues and Agalega. Emtel offers a comprehensive range of ICT solutions suited for individual consumers, homes and business users. As one of the leading corporate citizens in Mauritius, Emtel’s business and operations are underpinned by a comprehensive sustainability framework premised on 3 pillars: environmental preservation, social inclusion and human capital. Through these pillars, Emtel continues to execute its commitment to a cleaner, more inclusive and equitable society in Mauritius and the surrounding islands of Rodrigues and Agalega. Through this IPO, Emtel will become the first telecommunications operator in Mauritius to be listed on the Stock Exchange of Mauritius. The listing will broaden the company’s shareholder base and enhance its corporate governance and reporting framework thus enabling it to be more integrated into the economy of Mauritius and the surrounding islands of Rodrigues and Agalega. As Lead Transaction Advisor, we are proud to have played a significant role in this IPO, having leveraged our Pan-African footprint to offer Emtel best-in-class transaction execution and advice. Our Pan-African focused Equity Capital Markets team is experienced in developing African Capital Markets and delivering landmark African IPOs, which include Vodacom Tanzania, Airtel Uganda and Airtel Africa. We are proud to have supported this transaction, which is part of our story of enabling the growth of Africa’s Capital Markets. Contact Lizelle Bouwer for more information https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Powering progress for a cleaner energy future We are proud to partner with Mulilo and Air Products South Africa on a transformative 75MWAC solar PV power plant in the Northern Cape. The Ukuqala Project marks a significant step in advancing South Africa’s renewable energy transition and securing a low-carbon future. Read more DEALS Driving purposeful partnerships to advance retail growth in Africa At Absa CIB, we’re committed to building partnerships that create lasting value for both businesses and communities. Our collaboration with Garden City Mall in Nairobi, Kenya, highlights this commitment as we help drive sustainable growth and economic opportunity in one of East Africa’s largest retail developments through a USD 37,3 million commercial property financing transaction. Read more DEALS Driving a greener energy value chain We are pleased to share that Absa has successfully acted as Co-Mandated Lead Arranger, Facility Agent and Hedge Provider alongside Nedbank for Pele Green Energy’s Sonvanger 100MW solar PV power project. This R2.2 billion project is a landmark transaction for Pele Green Energy, positioning them as a leading developer in South Africa’s renewable energy sector. Read more
