Nigerian businessman and owner of the Dangote Group Aliko Dangote has pledged to invest up to US$15bn in business opportunities around Africa by 2018
Business
African Energy acquires Aviva’s Botswana coal project
African Energy has completed the acquisition of Aviva Corporation’s 1.3bn tonne-resource Mmamantswe Coal Project in Botswana
Mota-Engil to invest US$36 million in Zambia
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
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
Copperbelt Energy to raise funds for African expansion
Copperbelt Energy, which supplies power to Glencore Xstrata and Vedanta Resources in Zambia, has revealed plans to raise US$150mn through loans to expand business in Africa and finance existing debt