Prime

I&M Bank IPO a draw for long-term investors

I&M Bank Rwanda’s strong financial position and low share price offer are expected to woo long-term investors to buy a stake in the bank.

The Rwandan government is offloading more than 99 million shares, a 19.81 stake, of I&M Bank, a subsidiary of Nairobi-headquartered I&M Bank Holdings, a listed company on the Nairobi Securities Exchange, through an initial public offering.

Be the First to Know

Get the stories shaping East Africa — delivered straight to your inbox

Conflict

  1. Explainer: Why new war in Ethiopia’s Tigray threatens to trigger wider conflict

  2. Ethiopia, Sudan junta bicker again over RSF support claims

  3. East Africa’s oil rivalry is missing the bigger energy security question

  4. PRIME Why US proposal to expand Sudan arms embargo is stirring debate

Latest

  1. Ethiopia closes embassy in Eritrea, expels 10 diplomats

  2. What is driving renewed fighting in Ethiopia?

  3. PRIME Museveni: I support Lamu refinery, but I won’t invest there

  4. Morocco’s king appoints first woman PM

In the headlines

View All