Matthew Freeman

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Namibia Secures China Agreements on Infrastructure, Mining and Energy During State Visit

Namibia has secured a series of cooperation agreements with China covering infrastructure, mining, energy, agriculture, and economic development during President Netumbo Nandi-Ndaitwah’s state visit...

French Billionaire Xavier Niel Becomes Vodafone’s Largest Shareholder in $6 Billion Deal

French telecoms billionaire Xavier Niel has become the largest shareholder in Vodafone Group after agreeing to acquire a 16.2% stake from Emirates Telecommunications Group...

ECOWAS Bank Plans to Double Assets to $4.4 Billion to Bridge West Africa’s Infrastructure Gap

The ECOWAS Bank for Investment and Development (EBID) plans to double its balance sheet to approximately $4.4 billion over the next five years as...

ExxonMobil Commits $1 Billion to Nigeria’s Usan Oilfield Development

ExxonMobil and its partners will invest $1 billion in the Usan Infill Project offshore Nigeria, marking the company’s return to drilling operations in the...

Dangote to Finance Proposed Kenya Refinery With Cash, Bonds and Planned IPO

Dangote Group plans to finance its proposed 700,000-barrel-per-day oil refinery in Kenya through a combination of internally generated cash, bond issuances, and proceeds from...

Safaricom Shareholders to Vote on Vodafone’s Right to Appoint Chief Executive

Shareholders of Safaricom Plc, Kenya’s largest telecommunications company, are set to vote on a proposal that would grant Vodafone Kenya the formal right to...

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