Archives

INVESTMENT company Kagiso Tiso Holdings (KTH) has acquired an interest of about 30% in Nigerian healthcare company Me Cure Healthcare as the group increases its presence in west Africa. The deal, [...]

A2X led by Kevin Brady, who is former MD of securities at Investec; ex-JSE Company Secretary Gary Clarke; Neal Lawrence, ex-head of IT at UBS, IT principal at Absa Capital, Johannesburg-based [...]

Saint-Gobain completed the acquisition of 50% stake in the company LODHIA Gypsum Industries based in Arusha, Tanzania, on the border with Kenya. LODHIA Gypsum Industries manufactures and markets [...]

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today released the quarterly investment banking analysis for the sub-Saharan Africa [...]

National Bank of Canada increased its stake in AfrAsia Bank Ltd. to 17.5 percent, making the Montreal-based lender the second-largest investor in the African company. National Bank acquired an [...]

The African Development Bank (AfDB) has approved a 100 million euro ($109 million) loan to Sucden’s Ivory Coast branch for cocoa investment, a company official said on Wednesday. Sucden, a [...]

Ciel Healthcare Ltd (CHL), which is based in Mauritius, has bought a majority stake in International Medical Group (IMG), the company that owns the renowned International Hospital Kampala, [...]

Multilateral development finance institution and project developer Africa Finance Corporation (AFC) has announced the signing of a joint development agreement with Ivorian project group Ivoire [...]

Private equity firm, Fanisi Capital, has acquired a stake in Tanzanian agro-processor, Kijenge Animal Products, at $6 million adding to a growing list of East African firms in which it has [...]

Portuguese state-owned Caixa Geral de Depositos bought the remaining 49% stake of holding co. Partang it didn’t already own from Banco Santander Totta, it says in a regulatory filing. * Caixa [...]

Prudential Plc, one of the world’s oldest and most strongly capitalised life insurers, has entered its third African insurance market by acquiring Goldstar Life Assurance in Uganda. The move, [...]

Meridian Marshalls Holdings (MMH) Company, an educational institution, has made its debut on the Ghana Stock Exchange (GSE), with a total amount of Gh¢ 1.42 million from its Initial Public Offer [...]

Bidvest Media has taken another step to establish itself as a major JSE-listed Bidvest Group subsidiary through the acquisition of a majority stake in local online communications agency [...]