Latest News Africa
Consumer goods & Retail
23/10/2019 at 21h44, by Africa Business+
Silk Invest partially exits Nigerian fast food specialist Sundry Foods, making the way for Norfund
The Norwegian Investment Fund for Developing Countries (Norfund) has invested in Nigerian company Sundry...
Advisory
23/10/2019 at 20h37, by Gaëlle Arenson
Asafo forms an arbitration team with Jacob Grierson and Thomas Granier (formerly of McDermott) at the helm
After respectively serving as partner and counsel, they will be joining Asafo’s Paris office alongside...
Air transport
22/10/2019 at 22h19, by Africa Business+
CRIG (China Railway) wins tender over Bouygues for Abidjan Airport
According to our sources, the authorities in Côte d’Ivoire rejected on Tuesday the counter-offer submitted...
Energy
21/10/2019 at 22h46, by Africa Business+
Algeria: why Sonatrach is investing €100m in Medgaz
Now that UAE fund Mubadala has sold its stake in Medgaz, Algeria’s state-owned Sonatrach has become...
Mines
21/10/2019 at 22h18, by Gaëlle Arenson
How Mostafa Terrab is transforming OCP Group’s governance
In a matter of a few years, the governance structure, comprised of four managing directors working under...
Capital Market & Private Equity
21/10/2019 at 21h37, by Africa Business+
Helios makes $25m in profit off Fawry IPO in Egypt
On 8 August, PSI Netherlands Holding BV reported the sale of 36% of the share capital of Fawry for...
Oil & Gas
18/10/2019 at 12h43, by Africa Business+
Nicolas Terraz takes over at Total E&P Africa
The new boss of Total’s Exploration & Production branch has been settling in since his low-key appointment...
Maritime transport
18/10/2019 at 10h52, by Africa Business+
Chinese funding for the extension of Kribi (containers)
The extension of the deep-water port in southern Cameroon port is set to go ahead despite phase I struggling...
Capital Market & Private Equity
18/10/2019 at 10h43, by Africa Business+
Senegal seeks to bring together African sovereign wealth funds to boost investment in infrastructure
The CEO of the Sovereign Fund for Strategic Investment (FONSIS) explains that the fund in charge of...
Air transport
17/10/2019 at 16h24, by Africa Business+
Air Madagascar ordered to pay over $21m to Air France
In its judgment of 17 October, which has been seen by Jeune Afrique Business+, the Paris Commercial...
Telecoms & Media
17/10/2019 at 16h18, by Africa Business+
Disposal of Orange Niger: Linkstone Capital and Cleary Gottlieb advise Moctar Thiam and Mohamed Rhissa
According to information obtained by Jeune Afrique Business+, the minority shareholders are being advised...
Bank
16/10/2019 at 15h08, by Africa Business+
Banque de Tunisie et des Émirats borrows €17.7m to bolster its troubled privatisation
Banque de Tunisie et des Émirats is to issue 50m dinars (€17.7m) in bonds with a par value of 100 dinars.
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