Features

Nigeria: Dangote to merge Salt, Sugar, and Rice Businesses into a single conglomerate

NASCON Allied Industries Plc, the salt-making division of Dangote Industries Limited, will consider merging with two other food…

ITFC Signs Seven Agreements Totaling US$ 1.2 Billion With Burkina Faso, Cote d’Ivoire, Nigeria, and Partner Banks

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB), has signed…

GHL, AFC and Afreximbank announce the financial close of Cabinda Oil Refinery with a US$335-million project financing facility

Gemcorp Holdings Limited (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) have announced the financial close of…

Access Bank to acquire Standard Chartered’s subsidiaries in five African countries

Standard Chartered has finalised an agreement to sell its subsidiaries in Angola, Cameroon, The Gambia, Sierra Leone, and…

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Netflix discontinues free plan for Kenyan subscribers

Streaming service provider Netflix is ending its free plan in Kenya next month, which will affect thousands of…

MIIF to inject $32.9 million into Ghana’s inaugural lithium mine

The Minerals Income Investment Fund (MIIF) has committed a total of $32.9 million in capital investment for Ghana’s…