Nigerian mobility startup, Metro Africa Xpress (MAX), has issued a N10 billion ($22 million) multi-currency bond.
The company says it has already raised ₦400 million in the first segment of the N10 billion issue. With the new move, MAX became the first mobility company in Africa to issue a bond. MAX Chief Executive Officer and co-founder, Adetayo Bamiduro, said the company’s bond programme was structured in line with its mission to build the technology and financing infrastructure for mobility across Africa…
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News Archive from before July 2018