Tags: 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.


FirstRand’s bid to buy Merchant Bank Ghana fails

South Africa's second-biggest financial services corporation's talks to purchase Merchant Ghana Bank failed.

Rwanda meets target 6 months sooner

Rwanda reached its yearly projected investment amount after only six months. The African nation of Rwanda is showing signs of growth after achieving its US$1.

Forte Energy proposes to acquire Leo Mining and Exploration Ltd

Forte Energy NL entered a non-binding contract for the intended purchase of Leominex for the growth of its uranium portfolio.


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In a recent study, the United Kingdom leads the merger and acquisitions investments in Africa. Companies from the United Kingdom have made the most investments in mergers and acquisitions in the African continent within the last 10 years, according to a study made by Freshfields Bruckhaus Deringer.
The United States' wealthiest universities are eyeing Africa as their latest investment nest. Several of the United States' most profitable universities are looking towards the other side of the world to acquire outsized investment returns for scholarship funding.
A study has found that Academic endowments to Africa outperformed the US S&P 500 in the past decade.
Standard Chartered organized this year's annual conference held in India by bringing African chairmen.
Mark Mobius, CEO of Templeton Emerging Markets Group said that he has considered tapping growth in African emerging markets through private equity investments.
Vodafone Group PLC was expanding its enterprise in Africa with the hope to provide better service in the nation after earning Euro 1 billion.
Syngenta announced their intentions to acquire MRI Seed Zambia Ltd and MRI Agro Ltd. (Photo : Reuters)Syngenta announced today plans to acquire MRI Seed Zambia Ltd and MRI Agro Ltd.
ONGC Videsh looked at another energy asset in US while Oil India neared acquisition for an African oil and gas asset.
Warburg Pincus is set to form an investment fund for Delonex Energy and its plans for oil exploration in Africa.
Grupo BTG purchases Petrobras oil interests in Africa. (Photo : Reuters)The image is the facade of the corporate headquarters of Brazilian oil conglomerate Petrobras.
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