Ghana: First Atlantic Bank Debuts On Ghana Exchange After Oversubscribed IPO

First Atlantic Bank PLC began trading on the Ghana Stock Exchange on December 19, 2025, marking a rare new listing on the exchange’s main market following a largely oversubscribed initial public offering.

The IPO comprised approximately 101.7 million shares, priced at 7 cedi thirty pesewas each. The offer combined newly issued shares with secondary shares sold by existing shareholders.

The listing ends a prolonged lull in primary market activity on the GSE. The most recent IPOs were those of…