BOLDEN African News · Tuesday 20 October 2026
MNT-Halan raises EGP 7.84 billion as it lists on the Egyptian Exchange
Egyptian fintech MNT-Halan began trading on the Egyptian Exchange on 20 October under the ticker HALN. Parent MNT Investments B.V. sold 320 million existing shares, 20% of the company, at EGP 24.50, raising EGP 7.84 billion (about $150 million). The retail tranche was 43.6 times oversubscribed, and total demand was about EGP 126 billion.
Why it matters
Strong demand for the offering is a signal for other technology and fintech companies considering listings in Cairo.
Source: Launch Base Africa · 20 October 2026