Archive In Markets

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  Investors

  Actis Injects $278m In Sub-Saharan Africa. Private equity company, Actis, has injected an extra $278 million into “property developments” in Sub-Saharan Africa region, BDLive reported late on Tuesday.
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  Investors

  Dangote Gets $3.3bn Loan From 12 Banks To Build Refinery. Nigeria’s diversified industrial giant, Dangote Industries, on Wednesday said it has won a $3.3 billion “term loan facility” from 12 local and global lenders to build Nigeria’s biggest petroleum refinery  and petrochemical/fertilizer plants.
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  Investors

  IFC Investment In Sub-Saharan Africa Hits $5.3 Billion. Finance Corporation (IFC), a member of the World Bank Group , says its investments in sub-Saharan Africa has hit a record $5.3 billion.
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  Real Estate

  Of Property Supply And Demand In Ghana. Editor’s note: This article was featured in Ventures Africa magazine’s June/July issue In its Ghana Housing Profile, the UN Human Settlement Programme (UN-Habitat) forecast that Ghana will need an additional two million housing units by...
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  Real Estate

  Stanlib Plans $59m Property Investment In Kenya. Asset management arm of South African-based Liberty Group, Stanlib, is looking to invest Sh5.2 billion ($59 million) for the construction of malls across Kenya.
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  Investors

  Airtel Earmarks $3.7 Billion For Network Expansion. The Nigerian unit of India-based telecoms operator, Bharti Airtel, has announced a $3.7 billion investment to upgrade its broadband capacity from 3.75G to 4G.
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  Investors

  Cold Stone Creamery Enters South Africa Market. Cold Stone Creamery, an American-based international ice cream confectionery has signed a Master Franchise Agreement with Wilshire Foods SA LTD to launch business in South Africa – making it the 26th country the brand has...
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  Investors

  Momentum Launches Fixed Income Fund For Investors. AUM asset manager, Momentum Global Investment Management says it has launched a multi-manager investment fund – the Africa Fixed Income Fund – for institutional investors looking to benefit from opportunities in Africa.
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  Investors

  Chinese Firm To Construct $342m Power Dam In Kenya. China Hydro-Power Company has announced that it will begin preliminary work for the construction of an electricity dam in Kenya next month.
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  Investors

  LeapFrog Raises Over $200m For Emerging Markets. Private equity investor, LeapFrog Investments, has raised $204 million to invest in companies in Africa, South Asia and Southeast Asia, in its quest to provide financial services to emerging low-income individuals in the regions.