August 3, 2016/LafargeHolcim LafargeHolcim announces it has signed a framework agreement with Huaxin Cement Co. Ltd. (“Huaxin”) for the sale of most of the non-listed Chinese cement assets of Lafarge China Cement Limited (“LCCL”) to Huaxin for an estimated equity value of CHF 208 million1. LafargeHolcim owns a 41.8 percent […]
Business News
Flour Mills of Nigeria plans 40 bln naira share sale
August 2, 2016/Reuters Flour Mills of Nigeria has registered plans with regulators to raise up to 40 billion naira ($128 million) in equity over the next three years, its chief financial officer said on Tuesday. Jacque Vauthier said the company’s directors had decided that the most appropriate way to raise […]
ETI Names Dan Sackey MD Ecobank Ghana, Regional Executive Anglophone West Africa
August 2, 2016/ETI Ecobank Transnational Incorporated (ETI) today announced the appointment of Mr. Dan Sackey as Managing Director of its Ghanaian subsidiary, Ecobank Ghana, and Regional Executive for Anglophone West Africa, subject to regulatory approvals. Mr. Sackey has extensive experience and knowledge of the African banking landscape, having risen through […]
