Tanzania: Swala Oil Gets Dar es Salaam Listing Approvals

Dar es Salaam — Swala Oil and Gas Tanzania Plc has offered 9.6 million shares to the public following its approval by the Tanzania Capital Markets and Security Authority (CMSA).

The listing of Swala makes it the first oil and gas exploration firm to list on the Dar es Salaam Stock Exchange (DSE) in Tanzania. CMSA has approved Swala's Initial Public Offer Prospectus last week.

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