One key milestone.
A new era of opportunities.

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.