Business News

ENGIE accelerates its development in the off-grid energy market by joining forces with Fenix, a pioneer in Africa’s Solar Home System market

October 19, 2017/ENGIE ENGIE and Fenix announce that they have agreed on a transaction in which ENGIE will acquire [1] 100% of Fenix International, a next generation energy company, offering Solar Home Systems (SHS) in Africa. Founded in 2009, Fenix employs over 350 people and has its main activities in Uganda […]

Quantum Global Group’s USD 1.1 billion Infrastructure Fund Exits Savannah Cement, a Leading East African Cement Producer

October 19, 2017/Quantum Global Group QGIAM, the private equity arm of Africa focused investment firm Quantum Global, today announced that on behalf of their investors, the sale of its interest in Savannah Cement, a leading Kenyan cement producer, has been completed following the receipt of regulatory approvals. Quantum Global’s investment […]

African multinationals join forces within the AfroChampions Club to foster Africa’s growth and development

October 18, 2017/AfroChampions Initiative The AfroChampions Initiative has just taken a new step with the official creation of the AfroChampions Club, a new platform to mobilise African multinationals to accelerate the economic integration of the continent. At the invitation of Mr. Aliko Dangote, Founder and CEO of the Dangote Group  and President […]