Continental Reinsurance raises P2.23b in public offer to fund expansion

Continental Reinsurance Holdings Limited says it has opened its public offer on the Botswana Stock Exchange (BSE), with proceeds from the listing going towards funding its growth ambitions and supporting local capital market amongst others. The Botswana-domiciled reinsurer said in a market update that the offer comprises total proceeds of P2.13 billion (USD 156.1 million),…