Nalka Plans Major IPO for Health Unit, Targeting Over $500 Million

Nalka Plans Major IPO for Health Unit, Targeting Over $500 Million
2 months ago

Nalka, a prominent player in the pharmaceutical sector, is reportedly gearing up for an initial public offering (IPO) of its health unit, with expectations to raise at least $500 million. This significant move underscores Nalka's strategic focus on its healthcare division, which has been gaining traction amid increasing global demand for innovative health products and solutions.

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African Economies Surge to New Heights: Fastest Growth Since 2017

African Economies Surge to New Heights: Fastest Growth Since 2017
5 months ago

The economic landscape across Africa has been witnessing a remarkable upswing, as recent data reveals that markets are expanding at the most rapid pace observed since 2017. According to a report released by Absa Group Ltd., this resurgence is being driven by a combination of recovering global demand, increased investment, and a series of strategic reforms across various nations.

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