ShopRite, South Africas 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
Finance
Access Bank of Nigeria set to enter Kenyan market
Access Bank of Nigeria PLC has announced the final acquisition approval of Kenya-based Translational Bank PLC
Lintec & Linnhoff unveils new business expansion plans
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
EBRD gives US$100mn loan to BCP to tackle COVID-19 impact in Morocco
Responding to the COVID-19 impact on the Moroccan economy, European Bank for Reconstruction and Development (EBRD) has provided US$100mn loan to Banque Centrale Populaire (BCP) for on-lending to local private businesses
AfDB-funded training builds skills for Ghana’s future economy
A six-year project to develop industrial skills among Ghana’s workforce has improved the engineering and manufacturing skills of young people, promoted economic competitiveness and contributed to an improvement in the quality of life of beneficiaries and a reduction in poverty, according to an African Development Bank (AfDB) report