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Standard Bank headquarters in Johannesburg. (Image source: Wikicommons)

South Africas Standard Bank may sell 60 per cent of its UK commodities and foreign exchange trading businesses to the Industrial & Commercial Bank of China (ICBC) for at least US$600mn

The Bank of China headquarters in Hong Kong. (Image source: Laure Wayaffe/Flickr)

The Bank of China has increased its activities in Uganda by establishing a partnership with a local bank and has plans in place to open up special desks in the country to deal with traders going to China

Lifan Industry Group has revealed plans to expand its business in Ethiopia. (Image source: papurojugarpool/Flickr)

Chinese automaker Lifan Industry Group has revealed plans to spend US$3.5mn to set up a new vehicle-assembly plant in Ethiopia next year

The production capacity of the Ashaka Cement plant will be nearly trebled with the implementation of the production expansion plans. (Image source: bulliver/Flickr)

Board members of Ashaka Cement, the Nigerian unit of Lafarge SA, has revealed plans to expand production capacity of the company

Oando group chief executive, Wale Tinubu. (Image source: Oandoenergyresources)

Nigerian energy group Oando has announced that its affiliate Oando Energy Resources (OER) has entered into a deal with ConocoPhillips (COP) to acquire COP’s Nigerian business interests

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