Political uncertainty and sterling volatility force Afreximbank to postpone its listing

Political uncertainty and sterling volatility force Afreximbank to postpone its listing

Fewer than two weeks after confirming its intention to list on the London Stock Exchange, the African Export-Import Bank (Afreximbank) has been forced to review its ambitions, citing “unfavourable market conditions”. These are not the only considerations behind management’s decision to postpone the dual listing, however.

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            ▪ Political uncertainty and sterling volatility force Afreximbank to postpone its listing

▪ Fewer than two weeks after confirming its intention to list on the London Stock Exchange, the African Export-Import Bank (Afreximbank) has been forced to review its ambitions, citing “unfavourable market conditions”. These are not the only considerations behind management’s decision to postpone the dual listing, however.

https://www.africabusinessplus.com/en/800261/political-uncertainty-and-sterling-volatility-force-afreximbank-to-postpone-its-listing/

After confirming its 9 October preliminary listing

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