DEALS One key milestone. A new era of opportunities. Absa | Corporate and Investment Banking > Insights and Events > One key milestone. A new era of opportunities SHARE Empowering Africa’s tomorrow by facilitating the development of its capital markets Acting as Lead Transaction Advisor, we are proud to have facilitated the IPO (Initial Public Offering) of Airtel Uganda, one of the largest ever listed on the Ugandan Stock Exchange. Airtel Uganda is a market leader in the telecommunications sector in Uganda and is a subsidiary of Airtel Africa. Absa is passionate about empowering Africa’s tomorrow by playing a lead role in developing the continent’s capital markets and enhancing its financial infrastructure. By broadening capital market access, facilitating growth funding opportunities, and drawing regional investors into a market-leading business, this transaction allows Uganda to increase the size of equity markets, and ownership by aspiring investors, thus growing surrounding ecosystems and progressing the economy. We are committed to creating opportunities for African and international investors to participate in the exciting trajectory of our continent’s economy. This transaction reflects Absa’s ability to combine our regional and international expertise in IPOs with our local on the ground expertise and presence in Africa. This transaction follows similar transactions we have been involved in - Vodacom Tanzania IPO that was the largest ever listing on the Dar es Salam Stock Exchange where we acted as Lead Transaction Advisor and the Nigerian listing of Airtel Africa where we acted as Joint Issuing House. Contact Samira Hasanally for more information https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Powering a sustainable future with Ferroglobe At Absa CIB, we believe that financing critical mineral supply is essential for advancing the Just Energy Transition. Our partnership with Ferroglobe supports the expansion of silicon metal production, which is key to semiconductor chips and solar panels, driving economic growth, job creation and Africa’s role in the renewable energy value chain. Read more DEALS Propelling South Africa’s Just Energy Transition Our landmark project financing contribution towards an R8.8 billion transaction with Red Rocket South Africa (Pty) Ltd reinforces our position as a market leader in renewable energy financing. Read more DEALS Building a more robust green energy landscape South Africa’s green energy sector is poised for significant transformation, with vast untapped investment potential. Our R1.45 billion deal with G7 Renewable Energies and Cennergi Holdings marks a monumental sustainability partnership, highlighting the critical role of finance as a catalyst for advancing renewable energy projects. Read more
