The merger between the three companies will see Flour Mills Nigeria Plc as the surviving entity. (Image source: Flour Mills Nigeria Plc)
Flour Mills of Nigeria has proposed a merger deal with Nigerian Bag Manufacturing Company (‘Bagco’) and Northern Bag Manufacturing Company (Bagco-North)
Bharti Airtel has entered into an agreement with South African financial services group, Sanlam, for the distribution of insurance and health funding products across Africa
Africa is an emerging business partner for the global marketplace, according to Currencies Directs Alistair Cotton. (Image source: Currencies Direct)
After decades of stagnation, trade between Africa and the rest of world is finally booming. But it is the fast-growing BRICs (Brazil, India, Russia & China) who are the main drivers of this recent surge, rather than the more developed western nations writes Alistair Cotton, senior analyst at Currencies Direct
Fuel Trade Limited plan to construct an 80,000 metric tonnes facility for fuel storage tanks. (Image source: Stanbic Bank)
Stanbic Bank Ghana Limited has announced it has signed a US$21mn deal with petroleum products distributor, Fuel Trade Limited, to design fuel storage tanks in the Tema region of Ghana
Ethiopia’s government has signed a multi-million dollar loan deal to improve the quality of basic services in the country. (Source: Mattias Kiel Nielsen)
The government of Ethiopia has signed a US$251mn loan agreement with the African Development Bank (AfDB) to aid them with financing basic services in the country
