Business

South African groups invest in retail in Mozambique

shopping alexas fotosSouth 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

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Algeria, Indonesia sign mining deals worth US$4.5bn

Algeria Indonesia sign three mining deals worth US4.5bnTwo 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

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Dangote Group becomes a shareholder in Afreximbank

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

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Africa Business Forum opens registration

Fotolia 46731424 Subscription XXLAfrica Business Forum is back for its fourth year in Addis Ababa, Ethiopiaand has opened registrations for the event on 1 June 2016

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Coca-Cola to acquire Nigerian food and beverage company

cococola danielgo flickrCoca-Cola Company has signed an agreement to acquire an initial minority equity shareholding in Nigeria’s Chi Ltd

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