Capital raising in Africa dips due to fewer domestic listings

Capital raised by African issuers declined by 28% year-on-year to $341m in the first-half of 2019. The decline is attributed to the 80% drop in domestic capital raising in Africa - standing at only $85m from four Initial Public Offerings (IPOs). This is according to Baker McKenzie’s latest Cross-Border IPO Index.

Business Day TV sat down with Baker McKenzie's head of capital markets Wildu Du Plesis to find out if this trend is likely to continue.
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