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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