8
IPOs in 2021, 71 IPO's between 2017 and 2021
$0.9 bn
IPO proceeds raised in 2021, $8.1 bn proceed raised between 2017 and 2021
38
FOs in 2021, 327 FOs between 2017 and 2021
$2.5 bn
FO proceeds raised in 2021, $26.1 bn proceeds raised between 2017 and 2021
Welcome to PwC’s Africa Capital Markets Watch 2021, our seventh annual publication examining both African DCM and ECM transactions.
ECM transactions included in our report comprise capital raising activities, whether initial public offerings (IPOs) or further offers (FOs), by African companies on exchanges worldwide and those made by non-African companies on African exchanges.
DCM transactions analysed include non-local currency debt funding raised by African companies and public institutions, whether high-yield or investment grade.