Africa

African telcom infrastructure provider gathers more than US$520 million for its expansion projects

IHS announced that it had collected a total of US$522 million from the IFC and private equity investors.


Mediterranean Investments Holding Plc to sell stakes to fund Libyan project

Mediterranean Investments Holding Plc announced that it is considering a London IPO to raise EUR100 million.

A different face: Facebook for the emerging market

Facebook users from emerging markets use the service for a different purpose unusual to its home market.

Kenya to establish a bond sale and a capital venture fund to improve broadband network in the country

Kenya announced that it is to establish a bond sale and a capital venture fund to enhance the broadband network in the country.


Latest News

Nigerian Minister Aganga said the government wanted to build a venture capital sector. "We want to build a new sector called Venture Capital and private equity sector to support small and growing businesses in Nigeria," said Olusegun Aganga.
Petronas confirmed that they are in discussions with interested parties who could buy shares of Engen.
Nelson Mandela received one of South Africa's smart ID cards as present for his 95th birthday. The ailing former South African president Nelson Mandela received quite an unusual gift for his 95th birthday.
The South African sovereign debt rating remained unchanged after government efforts to control the mining industry succeeded.
In a statement released today, U.S. President Barack Obama paid his tributes to ailing Nelson Mandela.
Nelson Mandela celebrated his 9th birthday on a hospital in Pretoria today. Nelson Mandela celebrated his 95th birthday in a hospital in the city of Pretoria, South Africa.
Egypt will be seeing more investments from Billionaire Naguib Sawiris and his family. Egypt will be seeing more investments from billionaire Naguib Sawaris.
Home Afrika is set to create REITs that would finance several property projects in Sub-Saharan Africa.
The following bids, mergers, acquisitions and disposals were reported by on Wednesday. The following bids, mergers, acquisitions and disposals were reported by on Wednesday.
North Korea and Cuba's ties will slowly be explained in light of the war weapon confiscation in Panama, analysts predicted.
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