300 Million Equity Through Depositary Receipts
The African Export Import Bank (Afreximbank) treated leading Kenyan investors to a breakfast meeting to present its equity offering aimed at raising between coque coque iphone 6 photographe iphone 5 motocross coque iphone 6 nije $100 million and $300 million through the issuance of Depositary Receipts backed by its Class “D” coque iphone se noir mat shares.
The listing of the Depositary Receipts on the Stock Exchange of coque iphone 8 artiste Mauritius was approved in August, opening Afreximbank’s shareholding to the investing public through an African stock coque iphone 6 chaton 3d exchange, marking a first for a supranational bank.
The issuance of the Depositary Receipts is being handled by an advisory syndicate made up of SBM Group of Mauritius as lead arranger and Kenya based CBA Capital and LionsHead Capital as co advisors. The minimum investment le tanneur coque iphone 5 amount is $30,000.
Addressing guests at the meeting, Dr. George Elombi, Afreximbank Executive Vice President, said that the Depositary Receipts were aimed at enhancing coque iphone 4s tribal the coque iphone 7 just do it Bank’s capitalisation in order to support the growth of its trade finance interventions across Africa and were being issued in the context of the Bank’s five year strategy, IMPACT 2021: Africa Transformed.
That strategy focused mainly on boosting intra African trade, accelerating the industrialisation coque iphone personnalisé photo pas cher and export coque iphone coque iphone 6 silicone 3d fruit 5s disney olaf development capacities of the continent, and expanding the Bank’s trade services to the African banking sector, he said. dollar instrument. It is also an opportunity for investors from Africa and beyond to support the Bank’s efforts to contribute actively to the economic transformation of the continent
Isaac Awuondo, Managing Director of CBA Group, coque iphone 6 plus pneu said thatthe listing of the Depositary Receipts on the Securities Exchange of Mauritius, coque iphone 7 tete de mort mexicaine would enable local and foreign investors to benefit from a liquid and coque iphone 5 strass rose freely transferable instrument and would give them the opportunity to own a portion of one of the largest financial services multilateral institutions that is leading the charge in facilitating trade finance activities between Africa and the rest of the world.
Kee Chong Li Kwong Wing, Chairman of SBM Group, announced that coque iphone 6 justin bieber the coque ultra fine iphone 6 plus government coque iphone 6 danseuse classique of Mauritius planned to grant permanent residency to individuals who invest up to $500,000 in the Depositary Receipts.
The event attracted more than 70 participants, including fund managers, stockbrokers, family offices, high net worth individuals and prominent business leaders. It coque iphone 5s sons of anarchy follows a highly successful event organised by Afreximbank in Lagos last month and coque iphone 5s final fantasy 15 aimed at the Nigerian investment community.
Afreximbank’s shareholders are a four tier mix of public and private entities, with Class “A”, constituted of African states, African central banks and African public institutions; Class “B”, made up of African financial institutions and African private investors; Class coque iphone 6 camo “C”, with shares held by non African investors, mostly international banks and export credit agencies; and Class “D”, under which coque iphone 6s planete fully paid shares can be held coque iphone 5s photobox by changer couleur coque iphone 5c any investor…