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Mauritius company plans to buy off Cipla Quality Chemicals

Cipla Quality Chemical Industries Limited says business will remain as usual and they will explain details of the transaction if Capital Markets Authority and Uganda Securities Exchange allows [...]

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Top African Cement Maker PPC Seeks Buyers for Rwanda Stake

PPC Ltd. is seeking buyers for its stake in the Rwandan cement business CIMERWA Plc, with the government weighing a decision to acquire the shares, according the central African nation’s chief [...]

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BlackRock Eyes Deal to Buy Into Biggest Africa Wind Power Farm

A public-private partnership backed by BlackRock Alternatives plans to buy a 31.25% stake in Lake Turkana Wind Power, Africa’s largest wind farm located in northern Kenya. The Climate Finance [...]

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Mauritian company buys out Rongai transport firm

Mauritian conglomerate Rogers Group has acquired Rongai Workshop & Transport Limited through one of its subsidiaries Velogic Logistics as part of its regional expansion strategy. The [...]

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AfricInvest Fund IV invests in Justrite Superstore

AfricInvest is pleased to announce it has taken a minority stake in Justrite, a leading Nigerian familyowned retail department store. The company provides everyday essentials, such as groceries, [...]

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DP World targets investment in Kenya’s special economic zone

Global ports giant DP World is exploring investment opportunities in Kenya’s Dongo Kundu Special Economic Zone (SEZ), a futuristic $304mn development aimed at boosting the economy of the coastal [...]