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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Ghana: Staff at TOR express concerns about subsidiary companies in TOR-Torentco deal

Some employees at the Tema Oil Refinery (TOR) have expressed concerns regarding the government’s intention to improve the…

EU approves Kenya’s duty-free access deal

The European Commission has granted approval for Kenya’s Economic Partnership Agreement (EPA) with the European Union, bringing the…