Business News

Africa’s New Top-Up Leader: Ozaremit Accelerates its Development

August 4, 2016/Ozaremit Hot Startup to Watch in 2016 Ozaremit , a new top-up leader, accelerates its development only 3 months after its launch. Ozaremit currently covers 110 countries, including 35 countries in Africa. Ozaremit is a competitive, safe and fast online service to send airtime to family and friends […]

LafargeHolcim to Reduce Net Debt by CHF 376 million Streamlining China’s Operations

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 […]

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 […]