Portuguese construction firm Mota-Engil has outlined plans to invest US$36mn in Zambia in an attempt to expand its footprint into the southern African nation
Finance
Fusion acquires stake in Rusororo Aggregate
Fusion Capital has acquired a 46.5 per cent equity stake in Rwandan large scale aggregate mining company Rusororo Aggregate
Barclays gets approval for merger with Absa
Barclays has gained regulatory approval for a merger of its African operations with Absa Group, the South African bank in which it owns a controlling stake
Investec to invest in South African renewable sector
Specialist bank and asset manager Investec will invest US$813mn in South Africas Renewable Energy Independent Power Producer Procurement Programme
AfDB to invest in Nigerian infrastructure development
The African Development Bank (AfDB) has revealed plans to invest in Nigerias infrastructure development and support environment policy in the West African nation