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Sonangol Holding sold 30% of its assets in Sonadiets company to Diestman Marine, an oil company’s source told ANGOP on Friday. In its press release, the Angolan Oil Company states that the [...]

CDC Group, the UK’s development finance institution (DFI) and impact investor, has made a $60 million commitment under its African Private Credit Fund Strategy. The effort, they said, is aimed at [...]

The significant shareholder acquired the shares at an average price of 39 naira per share, the lender says in an emailed statement to the Nigerian Exchange Group Transaction took place on Sept. [...]

NSIA – the Ivorian Insurer – has acquired four Sanlam subsidiaries, including its Life Insurance unit in Togo. The three others are Sanlam’s Life Insurance unit in Gabon, [...]

Namibia’s largest mobile-phone company is set to raise N$3.1 billion ($212 million) from the sale a minority stake on the southern African country’s stock exchange, the largest in the bourse’s [...]

Helios Investment Partners, which has set its sight on a record corpus for its new Africa sector-agnostic private equity fund, said Tuesday it has completed the sale of its 49% stake in GBfoods [...]

Rand Merchant Investment Holdings Ltd. will divest from insurers Discovery Ltd. and Momentum Metropolitan Holdings Ltd. as part of a wider restructuring of the South African investment group. The [...]

On September 22, 2021, after several weeks of rest, Cameroon will be back on the CEMAC debt market to try to raise XAF25 billion, the central bank BEAC reveals in an official release. To [...]

THE National Venture Capital Fund (NVCF) says it is seeking investment proposals from potential investors with projects that can stimulate economic growth, create new employment opportunities and [...]

IHS Holding Ltd. shareholders said the pan-African telecom-tower company has revived plans for an initial public offering, almost a year after abandoning a previous effort. MTN Group Ltd., [...]

Value of disclosed deals in eight months through August drop to $433 million, compared with $869 million a year earlier, I&M Burbidge Capital says in emailed report. Number of transactions [...]

Zimbabwe will seek to raise $200 million in a debut domestic U.S. dollar bond sale on its stock exchange in Victoria Falls that trades exclusively in foreign currency, according to Finance [...]

CDC Group, the UK’s development finance institution (DFI) and impact investor, has made a USD60 million commitment under its African Private Credit Fund Strategy, which aims to address a [...]

AFC Capital Partners plans to raise $2 billion to fund infrastructure projects in Africa that will make it more resilient to climate change. The asset management company, a unit of the Africa [...]