Business

KPAL to agree to acquire Sadolin Paints

USMC 00157Kansai Plascon Africa Limited, a subsidiary of Kansai Paint Co, announced on 7 February, a binding agreement for the acquisition of 100 per cent of Sadolin Paints’ operations in Kenya, Uganda, Tanzania, Zanzibar, and Burundi

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Banking transition towards digital

Ecobank mobile app demos at the Nigerian launchIn an exclusive interview with managing director and regional executive for the group's CESA region Samuel Adjei, African Review learned in its December issue how the launch of a new cache of digital mechanisms underpins a wider plan to spark greater financial synergies across East Africa

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AfDB backs phase two of Egypt energy programme

Shutterstock Paul VintenThe African Development Bank (AfDB) yesterday signed a US$500mn loan agreement to support Egypt's Economic Governance and Energy Support Programme Phase II

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Brexit agenda 'will not keep Africa in the dark'

Shutterstock melisBritain's Brexit decision does not mean the country will shun relations with Africa but reassurances are needed to forge sustainable economic partnerships, a prominent Labour politician has claimed

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Strong results boost SafariCom prospects in Kenyan 4G market

Safaricom CentreSafaricom has posted a healthy performance in its H1FY17 results, with a 111.6 per cent year-on-year increase in free cash flow

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