BREAKING NEWS

African Export-Import Bank puts London listing plan on ice

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LONDON (Reuters) – The African Export-Import Bank <AEIBy.MZ> has postponed a planned initial public offering on the London Stock Exchange, citing unfavourable market conditions for its decision.

Despite receiving “significant” interest from investors, the lender- which filed for a potential London listing earlier this month- said it would continue to monitor markets to find an appropriate window in which to launch its offering.

(Reporting by Abhinav Ramnarayan, editing by Sinead Cruise)

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