July 11, 2016/Vantage Capital Group Vantage Capital, Africa’s largest mezzanine fund manager, announced today that it has provided a R200 million ($13.7 million) expansion capital facility to New GX Capital, a 100% black and family owned investment company. The funds will be used to finance additional investments as New GX […]
Business News
African Risk Capacity Insurance Names Dolika Banda, Former IFC Director CEO
July 11, 2016/ARC Ltd The African Risk Capacity Insurance Company Limited (ARC Ltd) has announced the appointment of former IFC Director Ms Dolika Banda as Chief Executive Officer, effective from 7 September 2016. She will take the reins from Dr Simon Young, who was appointed CEO in 2014 after playing […]
LafargeHolcim enters into agreement with Nirma Limited for divestment of Lafarge India
July 11, 2016/LafargeHolcim LafargeHolcim announces it has entered into a letter agreement with Nirma Limited subject to approval by the Competition Commission of India (CCI) for the divestment of its interest in Lafarge India for an enterprise value of approximately USD 1.4 billion. Lafarge India operates three cement plants and […]

