London Stock Exchange Seeks Listings From Africa
- LSE planning trips to Luanda, Abidjan, Cairo and Casablanca
- Two months ago, the exchange held a roadshow in South Africa
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It’s not often that the London Stock Exchange comes to Africa looking for listings. Traditionally companies based on the continent have to make a strong case to have their stock traded on one the world’s biggest bourses.
But this week, officials are on roadshow in a bid to boost the LSE’s 115 African listings. The exchange is banking on partnerships with African exchanges, including those in Nigeria and Kenya, for dual listings, according to Director of Emerging Markets and International Markets Ibukun Adebayo.