The listing is the first for Morocco's non-banking financial sector and will fund a digital and physical expansion as the country aims to boost its public markets.
Unlike many high-burn tech companies that listed in 2021, Optasia is coming to market with strong fundamentals. The company is profitable, reporting revenue of $150m in 2024 and a net profit of $36m.
Under Nigeria’s sweeping Tax Reform Acts, what was once a simple paperwork exercise has become a high-stakes tax event that can trigger massive liabilities before a single dollar of new investment reaches the bank.