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Dangote Refinery Launches Record $1.6bn IPO
Investments

Dangote Refinery Launches Record $1.6bn IPO

Aliko Dangote has launched Africa's largest-ever initial public offering, seeking to raise about $1.6 billion to fund a ...

By James A. Abi 5 days ago
Volkswagen Celebrates 75th Anniversary In South Africa
Investments

Volkswagen Celebrates 75th Anniversary In South Africa

As Volkswagen Group Africa marks 75 years in South Africa, its contribution to the country's automotive industry continu...

By Sizwe Mlotshwa 3 weeks ago
IFC Invests $25 Million in Jumia to Expand Africa's E-commerce Infrastructure
Investments

IFC Invests $25 Million in Jumia to Expand Africa's E-commerce Infrastructure

The International Finance Corporation (IFC), the private-sector arm of the World Bank Group, has announced a $25 million...

By James A. Abi 1 month ago
Nigeria Approves $4.5 Billion Refinancing of NNPC Oil-Backed Facility
Investments

Nigeria Approves $4.5 Billion Refinancing of NNPC Oil-Backed Facility

Nigeria's National Economic Council has approved the refinancing of NNPC Limited's $3.3 billion oil-backed pre-export fi...

By James A. Abi 2 months ago