Tag: Business Africa

Business Africa

Nigeria Approves Alphanumeric Digital Postcode System to Modernize Addressing

Nigeria’s Federal Executive Council has approved the rollout of a GIS-enabled alphanumeric digital postcode system designed to modernize the country’s national addressing framework and...

Business Africa

Kenya Pipeline IPO Oversubscribed at 105.7 Percent, Finance Minister Says

The initial public offering of Kenya Pipeline Company was oversubscribed by 105.7 percent, reflecting strong investor demand for the state-owned energy infrastructure firm, Kenya’s...

Business Africa

South African Financiers Develop $122 Million Water Conservation Bond

Financial institutions in South Africa are structuring a 2 billion rand ($122 million) water conservation bond aimed at funding ecological restoration projects to protect...

Business Africa

Dangote Refinery Issues Tenders to Sell Gasoil and Jet Fuel

Nigeria’s Dangote Petroleum Refinery has issued tenders to sell cargoes of gasoil (diesel) and jet fuel for loading in March, a trade source said,...

Business Africa

Aliko Dangote Unveils Expansion Into Steel, Power and Ports

Aliko Dangote, Africa’s richest man and president of the Dangote Group, has announced plans to expand the group’s operations into steel production, electricity generation...

Business Africa

UK Government-Owned BII Moves to Take Controlling Stake in Zambia’s Zambeef

British International Investment is seeking a controlling interest in Zambeef Products Plc by converting its existing preference shares into ordinary shares, according to Reuters. The...

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