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MX Africa Limited (MXAL) has signed an agreement to acquire the remaining 49% stake in Quantum Lubricants Limited, Kenya. MXAL is Maximus International Limited’s wholly owned Kenyan [...]

The Economic Commission for Africa (ECA) and Standard Bank Group, with the support of the Arab Bank for Economic Development in Africa (BADEA), the Motor Industry Retirement Funds (MIRF) and [...]

French development institution Proparco has acquired a stake worth Sh1.2 billion ($10 million) in Mauritian insurance company MUA Ltd, which has a presence in Kenya. The deal makes Proparco the [...]