The use of public private partnership (PPP) contracts are becoming more prevalent on the continent, but the mechanism requires careful handling by all partners to deliver scalable benefits across the value chain, delegates attending a recent African PPP event in London heard

Caterpillar chairman and CEO Doug Oberhelman have announced that the firm its independent dealers and the Caterpillar Foundation plan to invest more than US$1bn in countries across Africa over the next five years

South African company African Property Investimentos Lda plans to invest about US$60mn in construction of a shopping centre in the city of Nampula, capital of the province of the same name in northern Mozambique, under an MoU signed

Two Algerian firms and an Indonesian industrial group have signed three accords to invest US$4.5bn in phosphate mining, a statement by the Algerian Ministry of Industry and Mines said

Dangote Group, the Pan-African conglomerate, has acquired shares in Cairo-based African financial institution Export-Import Bank (Afreximbank)