Business – Page 135 – Medafrica Times

Supreme Group to invest $ 500 million in Africa food industry

March 9, 2015 Khalid Al Mouahidi 0

The Supreme Group will invest $ 500 million in equity investment in African SMEs involved in the food industry. This ambition began with the acquisition […]

Ivory Coast: the Port of San Pedro to raise $ 300 million with a road show

March 9, 2015 Khalid Al Mouahidi 0

The management of the Ivorian port of San Pedro has announced on 5th March, that it will begin next April a road show in France […]

Mauritius: Seafood Hub Ltd and Princes Tuna to merge their Tuna activities

March 9, 2015 Khalid Al Mouahidi 0

After signing in November 2014, agreements to merge their tuna activities, Seafood Hub Ltd (SHL) and Princes Tuna have receive the official green light to […]

Ivory Coast L’Oréal and CFAO sign partnership production and distribution

March 9, 2015 Khalid Al Mouahidi 0

The French groups L’Oréal and CFAO have announced last weekend, the signing of a Memorandum of Understanding for the production and distribution of cosmetics in […]

Private equity transactions in Africa in 2014 has reached $ 8.1 billion

March 6, 2015 Khalid Al Mouahidi 0

The total value of private equity transactions in Africa in 2014 has reached $ 8.1 billion, according to a report released earlier this week by […]

The Egyptian Billionaire Naguib Sawiris soon Euronews Boss

March 6, 2015 Steven Addamah 0

Naguib Sawiris is in advanced talks with the Lyon-based news channel in a deal estimated at 35 million euros. Egyptian moneybag Nagui Sawiri, known as […]

South Africa: Foschini wants to triple its number of stores in sub-Saharan Africa by 2020

March 5, 2015 Khalid Al Mouahidi 0

The South African brand of ready-to-wear Foschini Group Ltd has announced on the 3rd March, its plans to nearly triple its number of stores in […]

South Africa: Barclays Africa has reached 9.2 million customers

March 5, 2015 Khalid Al Mouahidi 0

The group Barclays Africa (ABSA) has published its results for the year of 2014, which showed that the number of its customers in the period […]

LeapFrog invests $ 25 million in Africa Finance Business

March 5, 2015 Khalid Al Mouahidi 0

LeapFrog Investments, the private equity firm with a focus on Africa and Asia, has announced on February 26th, in a statement that it has acquired […]