Nation Media Group Ltd., East Africa’s biggest media company, will list its shares on Rwanda’s over-the-counter market on Nov. 2, helping boost trading volumes on the bourse, the capital market regulator said.
The Kenyan company, which has its primary listing on the Nairobi Stock Exchange, will be the second to begin trading on the Kigali-based exchange. Rwanda’s Capital Markets Advisory Council approved the cross-listing last month.
Nation Media, owned by the Aga Khan Fund for Economic Development SA, first announced plans in March to list in Rwanda, Tanzania and Uganda
via Nation Media of Kenya Will Begin Trading Its Shares in Rwanda Next Month – Bloomberg.