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Julius Berger Eyes Oil, Power Deals to Curb Nigeria Risk

Posted by on Jun 22, 2017 in News | 0 comments

Julius Berger Nigeria Plc, the largest construction company by market value in the West African nation, plans to acquire oil assets and...

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Dangote Cement May Shut Ethiopian Plant Over Mining Disputes

Posted by on Jun 22, 2017 in News | 0 comments

Dangote Cement Plc, controlled by Africa’s richest man, Aliko Dangote, said it may shut its operations in Ethiopia if authorities in the...

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Diamond sells 35% of Atlas Mara to raise Money for Nigeria

Posted by on Jun 21, 2017 in News | 0 comments

Atlas Mara Ltd., the company co-founded by former Barclays Plc head Bob Diamond, plans to sell a 35 percent stake to Fairfax Africa...

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Nigeria may feature, as Safaricom Plans Mobile-Money Roll-Out After Vodafone Stake Sale

Posted by on Jun 13, 2017 in News | 0 comments

Safaricom may expand its popular mobile-banking service M-Pesa into countries such as Nigeria and Angola, as East Africa’s biggest company...

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Oil Heads for Third Weekly Loss as U.S. to Nigeria Prolong Glut

Posted by on Jun 9, 2017 in News | 0 comments

Oil headed for a third weekly drop as rising supplies from the U.S. to Nigeria showed that OPEC is still struggling to clear a global oil...

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