Tag: Business News
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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