Tag: Business Africa

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...

South Sudan Eases Oil Injunction After BB Energy Awarded Three Crude Cargoes

South Sudan has agreed to relax a court injunction that had restricted it from securing new oil prepayment deals after commodities trader BB Energy...

UTM Offshore Secures Long-Term Gas Supply Deal for $3 Billion LNG Project

UTM Offshore has secured a 15-year gas supply agreement, clearing one of the final major hurdles for its $3 billion Floating Liquefied Natural Gas...

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...

Tanzania’s Central Bank Builds Gold Reserves With 28-Tonne Purchase in 18 Months

The Bank of Tanzania (BoT) has acquired approximately 28 metric tonnes of gold over the past 18 months as part of a government strategy...

Japan’s Inpex Signs 15-Year LNG Supply Deal With ADNOC to Strengthen Energy Security

Japan’s Inpex Corporation has signed a 15-year liquefied natural gas (LNG) supply agreement with Abu Dhabi National Oil Company (ADNOC), securing long-term deliveries from...

Popular articles