Mtn ghana to raise nearly 750m in ipo #

You're referring to the initial public offering (IPO) of MTN Ghana, a leading telecommunications company in Ghana.

According to reports, MTN Ghana is planning to raise nearly $750 million (approximately GH¢4.3 trillion) through its upcoming IPO. This would be one of the largest IPOs in Ghana's history.

The IPO is expected to list on the Ghana Stock Exchange (GSE) and would provide an opportunity for local and international investors to own shares in the company. The funds raised would be used to expand MTN Ghana's network, improve its services, and invest in new technologies.

MTN Ghana is a subsidiary of MTN Group, a South African-based telecommunications company with operations in over 20 countries across Africa and the Middle East. The company has been a major player in Ghana's telecommunications market since 2006 and has a significant presence in the country.

The IPO is expected to be a significant milestone for MTN Ghana and the Ghanaian capital market, providing a platform for the company to raise capital and increase its visibility among investors.