Africa

Deals of the Day

The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:- Samsung Electronics Co Ltd has acquired TV digital recording device company Boxee, the South Korean manufacturer said on Wednesday.


3CNET and Edgewater Wireless Offers WIFI In Nigeria

A partnership between 3CNET and Edgewater Wireless woudl offer WIFI in Nigeria. (Photo : Reuters)The image shows an laptop user accessing the internet through WiFi.

Vestas gains 93-megawatt South African wind turbine order

Vestas Wind System earned its second in the month wind turbine order from South Africa. Vestas Wind System won a 93-megawatt wind turbine contract in South Africa.

Chilean drugmaker CFR bids for Adcock for US$1.3 billion

Adcock Ingram Holdings Ltd. received a non-binding proposal from Chilean drug manufacturer CFR Pharmaceuticals SA for US$1.3 billion.


Latest News

Europe, Middle East, and Africa all experienced a generally flat syndicated lending volume. (Photo : Reuters)The European Central Bank is expected to print money to prevent a further escalation of the euro zone's debt crisis.
Western Cape said that it attracted R4.4 billion worth of foreign investments. (Photo : Reuters) The management of Western Cape announced today that has successfully attracted foreign investment worth R4.
Jindal Steel is in negotiations to acquire an iron ore mine in Liberia as the country seeks for more foreign investors to boost its economy.
Steinmetz, through an interview, says the Vale deal is the cause of the issues faced in Guinean legal dispute.
Egypt's OCI increased in value as the country's finance authority approves of tender. (Photo : Reuters)The image is snapshot of the trading floor of the Egyptian bourse Orascom Construction Industries, one of Egypt's largest publicly traded firms, predicts a tremendous upsurge in more than seven years.
Former director of Bumi Rosan Roeslani will be paying the company $201 million. (Photo : Reuters)The image is a Indonesian money held by a woman. Bumi Plc.
Senegal to issue Eurobond, one of the very first ones from Africa. (Photo : REUTERS)The system of so-called A US$500 million ten year Eurobond issue would be made by Senegal pegged at a 6% interest rate.
Sinopec Group of China agreed to buy Marathon Oil Corp's Angola offshore oil and gas field called Block 31 in a US$1.52 billion deal.
Mauritius Commercial Bank is aiming to raise 5 billion rupees. (Photo : Reuters)A building of Mauritius Commercial Bank. The Mauritius Commercial Bank is aiming to raise more than 5 billion rupees that would allow it to go ahead with a restricting plan.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
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