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Kwa Nokeng Expands IPO as Botswana Emerges From Listings Drought

Source: Bloomberg

IPOs & SPACsEmerging Markets

Kwa Nokeng Oil Holdings expanded its IPO to 1.66 billion pula ($118 million) after share applications exceeded the original offer by about 20%. The listing comes as Botswana’s stock exchange emerges from an almost eight-year drought in new listings.

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