Tanzania

Gemfields Resources, an arm of private equity group Pallinghurst Resources, is still after a controlling stake in TanzaniteOne. On October 21 Gemfields made a second bid for the Tanzania-based... 2008-10-22

The good news is that the initial public offering of Tanzania's National Microfinance Bank (NMB) is underway after several years of delay. The not so good news is that the sale is... 2008-08-19

Rwanda's finance minister has announced that the government will sell its 10% stake in Sonorwa, an insurance firm, in May. The company will be the first to list on the Rwandan Over-The-Counter... 2008-04-07

Kenya's Safaricom began the subscription process for its share sale on March 28. The much anticipated IPO was met with thousands subscribing on the first day. Interested parties have... 2008-04-07

Turkey's first major privatisation of the year was completed in late February with British American Tobacco (BAT) winning the bid for cigarette firm Tekel Sigara. BAT was the sole... 2008-02-26