Only around 10% of Private Equity (PE) exits in Africa came via IPOs in 2024—undermining stock market development—while trade sales and secondaries continue to dominate. One overlooked barrier to IPOs is internal: most portfolio companies are not structured to become listed entities.  Some investors like Mediterrania Capital Partners have however engineered successful IPOs on the Casablanca Stock Exchange by embedding exit-readiness early – through governance upgrades and public-market-aligned reporting. This roundtable gathering investors and regulators explores how to turn IPOs into a credible exit path across African markets. 

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