Airtel Uganda Initiates IPO, Offering $200M Worth of...
International News
August 30, 2023
Mobile telecom provider Airtel Uganda has launched its Initial Public Offering (IPO) by floating 20% of its shares on the Ugandan Securities Exchange. The IPO includes 8 billion shares valued at more than $200 million. This move makes Airtel the second telecom operator to be listed on the Ugandan bourse, allowing investors to participate in the company's ownership.