Weather New York, NY +76°F

Africa

B2Gold Corp

B2Gold Corp signs arrangement agreement with Volta Resources

Vancouver-based gold producer B2Gold Corp said it signed a definitive agreement with Canadian resource company Volta Resources Inc for the business combination of the two companies.

Read Full Article
Google Inc.

Top deals of the day - Mergers & Acquisitions

The following bids, mergers, acquisitions and disposals were reported on Thursday including Sigma Alimentos, Fastjet, Rostelecom, DNB, Caixabank, Cyfrowy Polsat, America Movil, Alitalia, Telecom Italia.

Read Full Article
Fastjet PLC

Lonrho sells whole stake in Fastjet for GBP1.49 million

African airline holding company Fastjet PLC said Lonrho Ltd, its largest shareholder, had put up for sale of its entire stake in the company. Lonrho would be raising GBP1.49 million from the exit.

Read Full Article
Umeme

Ugandan energy distributor Umeme secures USD190 million fund

Ugandan energy company Umeme Ltd. obtained USD190 million in funding from the International Finance Corporation, Standard Chartered Bank and Stanbic bank. The long-term loan would be used for the company's capital investment program.

Read Full Article
Glencore Xstrata

Glencore Xstrata to debut on the Johannesburg bourse

With an expectation of strong demand for its shares in the market, Glencore Xstrata would be making its market debut in the Johannesburg bourse today.

Read Full Article
  Vodacom

Vodacom to grow in South African market

South African wireless operator Vodacom had laid out plans to increase its investments through increased pace of network upgrades according to its Chief Executive Officer Shameer Joosub.

Read Full Article
Flag of Kenya

Kenya's Eurobond issue to upgrade country's infrastructure

Kenya's Treasury Secretary Henry Rotich confirms the sale of as much as USD2 billion worth of Eurobonds for the country's debt payments and energy projects.

Read Full Article
Vedanta

Zambian government cancels work permit of Konkola's CEO

Because of comments considered as arrogant as against the government, the work permit of Konkola Copper Mines CEO has been cancelled and he would be barred entry into the country.

Read Full Article
Njorku

Financing limitations impedes success of African tech startups- report

Limitations on funding had prevented technology startups in Africa to grow, according to a Reuters report.

Read Full Article
Seplat Petroleum Development Co

Seplat Petroleum Development Co mulls listing on two stock exchanges

Seplat Petroleum Development Co said it planned a dual stock listing for the Nigerian oil firm.

Read Full Article
Standard Bank

Standard Bank confirms sale of London trading unit

Johannesburg-based Standard Bank said it would be selling its London-based trading unit to a yet-unconfirmed buyer.

Read Full Article
Congolese farmland

Feronia announces private placement equity investors

Feronia identified the private placement equity investors and the breakdowns as to their purchases.

Read Full Article
Marriott International Inc

Marriott International Inc agrees on purchase of Protea Hospitality Holdings brands

Marriott International Inc signed a deal to buy Cape Town-based Protea Hospitality Holdings for an undisclosed amount.

Read Full Article
Woolworths

Woolworths closes Nigerian stores

Due to high costs of operations and low returns, Woolworths opts to close down stores in Nigeria.

Read Full Article
Siemens

Top deals of the day - M&As

The following bids, mergers, acquisitions and disposals were reported on Wednesday

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics