Oando Energy Resources Inc. (“Oando Energy Resources” or the “Company”) (TSX: OER), has announced that, further to its press releases dated December 20, 2012, September 16, 2013, November 28, 2013, January 31, 2014, and March 3, 2014, the outside date for completion of the proposed acquisition of the Nigerian Upstream […]
Author: InvestAdvocate
GSK to invest in new factories and drug R&D in Africa
GlaxoSmithKline plans to make new investments in additional factories and drug research in Africa, its chief executive said on Sunday, as the pharmaceuticals group broadens its bet on promising emerging markets. Andrew Witty said the continent was important for the British company’s long-term growth, adding that the investment would create […]
SMEs: African central bank governors seek alternative funding
Central bank governors from across Africa have said appropriate mechanism should be established to tap into various sources of capital to finance Small and Medium-Scale Enterprises. They listed the alternative funding sources as Diaspora remittances, pension funds, sovereign wealth funds and excess foreign reserves. The group also identified inadequate infrastructure […]
