African mezzazine fund manager Vantage Capital has agreed to provide US$28mn as funds to increase the management’s share in facilities management firm Servest
Finance
Nigeria and China sign MoU to develop emerging sectors
Nigeria has signed an MoU with China to facilitate investments in several major sectors such as manufacturing, construction and railways among others
Zambia needs to manage Eurobond interest payments
Zambia’s government needs to devise expenditure strategies that will cushion the impact of three Eurobonds interest payments totalling US$240mn annually
Barclays likely to expand presence in Africa
Banking major Barclays Africa Group Ltd., has revealed that it is in talks to buy its parent company’s operations in Egypt and Zimbabwe, expand in Nigeria too
Driving investment in Ghana
In its drive to promote investment in Ghana, the Ghanaian government has assured both local and foreign investors that it will ensure businesses across the country are not expropriated