A total of 12 Chinese firms are set to invest US$110mn in various businesses to be located in multi-facility economic zones (MFEz) in Zambia
Finance
Ugandan government addresses key areas in next year’s budget
The Ugandan government has announced in its 2013-2014 budget that it will allocate most of its resources into production-oriented activities in an attempt to boost the economy
Moroccan Infrastructure Fund quits profitable mine
Emerging Capital Partners (ECP) has revealed that the Moroccan Infrastructure Fund (MIF), which it co-manages with Attijari Invest, has exited its position in Osead Maroc Mining (OMM)
Establishing the African investment model
Hurley Doddy, co-CEO of Emerging Capital Partners, talks to African Review about the pan-African private equity companys aims in the years to come and looks back on a decade of successful investments made by the firm
CEC acquires stake in Nigerian energy company
The Copperbelt Energy Corporation (CEC) is set to invest US$164mn in the acquisition of a 60 per cent shareholding in Nigeria’s Abuja Electricity Distribution Company (AEDC), according to a statement issued in Lusaka recently