Business

ShopRite may sell all or a majority stake in Nigerian business

Shoprite story PixabayShopRite, South Africa's international retail company, is in discussion with potential investors, likely to be Nigerians, to consider the potential sale of all or a majority stake in Retail Supermarket, its Nigerian subsidiary

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Lintec & Linnhoff unveils new business expansion plans

CSD1500 Papua New Guinea Rebranded

Lintec & Linnhoff, a global manufacturer and distributor of leading-edge solutions for production of asphalt and concrete materials, has unveiled its new business expansion plan that includes adding new manufacturing facility and service centre to help serve local and regional customers

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CIIE set to boost Africa-China trade, says Standard Bank executive

Africa Pixabay Standard Bank StoryThe China International Import Expo (CIIE) has helped to diversify China's sources of imports and facilitate greater trade flows between China and Africa, said François Gamet, head of Asia for the Standard Bank Group and CEO of Standard Advisory (China) Ltd

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NIT signs distribution agreement with barox for META region

Ingram Micro 23 JuneNIT, an Ingram Micro Company and a regional value-added distributor of IP surveillance and physical security solutions in the Middle East, Turkey and Africa (META) region, has signed a distribution agreement with barox Kommunikation GmbH

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Capital importation to Nigeria up by 53.97 per cent in Q1 2020

bola capital investmentCapital importation, comprising Foreign Direct Investment (FDI), portfolio investments and other investments into Nigeria increased to US$5.9bn in Q1 from US$3.8bn in the Q4 2019

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