August 16, 2017/PwC The hospitality sector in Africa’s emerging markets looks set to profit from foreign investment and an influx of foreign travellers. The emerging markets are set to post faster growth in revenue than their counterparts in developed countries, making them integral to the expansion strategies of some of […]
Business News
Dangote to sell N200b shares in block divestment
August 16, 2017/The Nation Taofik Salako Dangote Industries Limited (DIL), the majority core investor in Dangote Cement Plc, plans to sell shares valued at more than N200 billion in a partial divestment that will widen the float for Dangote Cement. DIL is owned by Africa’s richest man, Alhaji Aliko Dangote, […]
New Angolan beverage plant approved for development
August 15, 2017/Quantum Global Group UTIP investment agreement signed for Grupo Sun Ocean Lda. -a company formed by Sun Ocean Holdings Ltd., a local partner with extensive experience in the Angolan market, Envasadora de Bata S.A. (Embasa) to be financed by QG African Infrastructure 1 LP Grupo Sun Ocean Lda. […]
