Latest News Pan-African

Commercial banking

30/01/2020 at 15h43, by Aurelie Benoit

AfDB plans to increase Afreximbank’s capital in 2020

While some shareholders have recently injected liquidity into the pan-African institution, the African...

Large-scale distribution

29/01/2020 at 15h18, by Africa Business+

Walmart seeks to return to profit by closing 34 stores

Ten years after deciding to position itself in Africa, the subsidiary of the U.S. giant, which operates...

Private Equity

31/12/2019 at 15h27, by Gaëlle Arenson

At the head of Orange Digital Ventures, Jerôme Berger targets investments of $56m in Africa

Orange Group’s Treasurer since 2012 was appointed CEO of the operator’s global CSR and impact investment...

Logistics

20/12/2019 at 14h52, by Africa Business+

Bourbon soon in the hands of five French banks including BNP, SocGen and Natixis

After months of uncertainty surrounding the takeover of the French marine and logistics group, the decision...

Bank & Insurance

19/12/2019 at 15h13, by Baudelaire Mieu

First management changes at Oragroup

The management structure at the pan-African banking group is evolving in the wake of the acquisition...

Advisory

17/12/2019 at 17h19, by Valentin Grille

Edwin Macharia elected new Global Managing Partner at Dalberg

The Kenyan national and most recently the firm’s Regional Director for Africa has been elected for a...

Insurance

11/12/2019 at 14h09, by Gaëlle Arenson

Ascoma trials its new agricultural risk insurance in Africa with Agricorp (Monaco Resources)

The Monaco insurance brokerage group, controlled by the Juthon Husson family and present in 24 African...

Mines

09/12/2019 at 15h26, by Africa Business+

Sale of a majority stake in Altus Strategies to La Mancha (Naguib Sawiris) not on the agenda

The recent acquisition, for $8.4 million, of some 40% of the capital of the British company Altus Strategies...

Logistics

22/11/2019 at 19h13, by Thibaud Teillard

Peschaud (oil logistics) interested in the Bourbon takeover

Four takeover offers were submitted on 20 November, the deadline set by the court-appointed receivers...

Law firm

21/11/2019 at 17h46, by Africa Business+

Bird & Bird teams up with Cabinet Nyemb

The international law firm’s Paris teams have partnered with Cabinet Nyemb, a family practice in Cameroon,...

Development Bank

18/11/2019 at 17h10, by Africa Business+

Samaila Zubairu broadens Africa Finance Corporation’s shareholding to AfDB ($50m)

AFC is Africa’s second largest multilateral financial institution and is increasing its funding programmes...

Oil & Gas

08/11/2019 at 17h27, by Africa Business+

Huibert Vigeveno named Downstream Director at Shell

Huibert Vigeveno succeeds John Abbott and his promotion takes effect from 1 January 2020. A transition...

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