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Archive In Investors
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Markets
Egypt’s Stock Exchange Suspends Trading on Mobinil, Orascom.
Egypt’s stock exchange has suspended trading on mobile operator, Mobinil and Orascom Telecom Media and Technology (OTMT) both owned by Egyptian Billionaire Naguib Sawiris.
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International
Egyptian Billionaire Increases Stake In Beltone Capital To 12.8%.
Reports from Egypt indicate that billionaire businessman Samih Sawiris has increase his stake in Beltone Financial Holdings (BTFH) Beltone Capital to 12.8 % through SOS Holding, in a deal amounts to LE 11.8 million (1.8...
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Markets
Tata Group To Invest In East Africa’s Agriculture Sector.
Tata Group has declared its intention to invest in East African farming to export agricultural product back to India.
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International
Adebayo Ogunlesi’s GIP Set To Acquire Edinburgh Airport For $1.3bn.
VENTURES AFRICA – Global Infrastructure Partners (GIP) is set to acquire Edinburgh airport for a surprise £807 million ($1.3 billion).
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International
South Africa: Anglo Sells Scaw Metals For $440 Million.
Anglo American Plc (AAL) has sold South African Scaw Metals Group for 3.4 billion rand ($440 million) to an investment consortium marking completion of its divesment strategy from the steelmaker.
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International
South Africa: Waterpan, Renova Rival Gold One’s $70 Million Bid For Ezulwini Mine.
Waterpan Mining Consortium, one of the early owners of the Ezulwini mine, and Russia’s Renova Group have made a bid for the mine from embattled First Uranium.
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International
Guinea: Rio, Chalco Complete Simandou Iron Ore Joint Venture.
China’s Chalco, the listed arm of state-owned aluminium giant Chinalco, has led a consortium to finalise a joint venture with global miner Rio Tinto to operate the Simandou iron ore project in Guinea, making a...
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Markets
China, Western Countries And Others Eye Zimbabwe As Africa’s Next Big Economy.
Foreign investors are now eyeing investment opportunities in Zimbabwe after a decade of economic neglect. This is evident given how many countries trooped in en masse for the 53rd annual Zimbabwe International Trade Fair (ZITF).
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Real Estate
Ethiopia’s Access Real Estate Signs USD$115m Partnership With Soliton.
Access Real Estate in Ethiopia recently signed a two billion birr (USD$115m) partnership agreement with Soliton Holding Ltd, a Dubai based firm.
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Stocks & Bonds
Zambia Set To Issue $500 Million Eurobond.
has revealed plans to issue Eurobond totalling $500 million within the next eight weeks.