MTN Uganda hits road to promote IPO in Kenya

An MTN stand at an expo.

An MTN stand at an expo. It has received regulatory approvals to list 20 percent of its shareholding. PHOTO | FILE | NMG

MTN Uganda has kicked off a marketing blitz for its initial public offering (IPO) in meetings with Kenyan professional groups and retail investors in Nairobi to bolster subscription.

The $250 million IPO opened mid-last month and closes on November 22.