Latest News Africa

Renewable energies

11/09/2019 at 16h48, by Africa Business+

Noor Midelt 2: Engie/Nareva eye up MASEN’s new call for tenders

The French and Moroccan energy groups plan to set up a consortium to take part in the competitive auction,...

Maritime transport

10/09/2019 at 18h17, by Africa Business+

DP World splashes out to acquire offshore support vessel company Topaz

The State-owned Emirati group continues its shopping spree in this sector and has concluded its purchase...

Private Equity

10/09/2019 at 15h27, by Africa Business+

Tony Morgan heads direct equity at CDC Group

He took over from acting head David Osborne at the beginning of the month.

Bank

09/09/2019 at 16h24, by Gaëlle Arenson

BCDC: George Forrest receives a non-binding offer from Kenya’s Equity Group Holdings

The information was confirmed to Jeune Afrique Business+ by a reliable source at Groupe Forrest International...

Law firm

05/09/2019 at 13h23, by Africa Business+

Asafo & Co hires private equity specialist Patrick Larrivé, (formerly at Dentons) for the Casablanca opening

The international law firm for Africa is growing quickly with the opening of its new office in Morocco’s...

Agri-food industry

05/09/2019 at 11h51, by Gaëlle Arenson

Karim Senhadji (OCP Africa) signs the term sheet for a new Ghana plant ($1.3bn)

Karim Senhadji, CEO of OCP Africa signs two agreements today with Ghana’s Minister for Food and Agriculture...

Consumer goods

02/09/2019 at 15h22, by Aurelie Benoit

Estée Lauder’s billionaire heir eyeing the healthcare sector in Africa

Alta Semper, the private equity fund backed by Ronald Lauder, heir to the cosmetics empire, plans to...

Telecoms

30/08/2019 at 16h36, by Tarik Yanmi

Veon delists GTH from the Cairo Stock Exchange to cut its tax bill (after a $588m buy-back offer)

With its controlling stake of more than 98% of ordinary shares, Veon secured shareholder approval on...

Commercial banking

30/08/2019 at 16h12, by Africa Business+

With UBCI, Tunisia’s Carte (Hassine Doghri) finally gets into the banking sector (€58m)

BNP Paribas and the Carte group signed an agreement on 28 August for the latter’s acquisition of 7,800,000...

Private Equity

29/08/2019 at 16h21, by Africa Business+

British investor HP Capital ready to pull out of the Renaissance Plaza project

British real estate investment and development company HP Capital Properties is preparing to withdraw...

Energy

28/08/2019 at 22h14, by Africa Business+

BBOXX raises $50m in a new funding round and Mitsubishi takes a stake

According to our sources, the solar kit specialist has recently completed a new funding round to help...

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