By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Tony Elumelu, chairman of Africa’s global Bank, the United Bank for Africa Plc (UBA) on Thursday advocated for a sub-regional approach to investment and economic development; while pledging to invest more in Eastern Nigeria. Elumelu who gave the keynote address at the 1st annual Enugu […]
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South African Vantage Capital Offers $20 Million to Nigeria’s Landmark Africa on Real Estate Development
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Vantage Capital, Africa’s largest mezzanine fund manager, announced Wednesday it has provided $20 million of funding to Landmark Africa, one of Nigeria’s leading property developers. “Landmark has developed or managed over 130,000 m2 of prime real estate across the continent,” an emailed statement from Vantage […]
Dangote Seals $2 Billion Loan Deal with Chinese Bank for 2 Cement Plants-Reuters
By InvestAdvocate Lagos (INVESTADVOCATE)- Africa’s richest man, Aliko Dangote said on Tuesday Dangote Group has signed a $2 billion loan deal with the Industrial Commercial Bank of China Ltd for two (2) cement plants, according to a Reuters report. “The interest rate is okay, quite favorable with me,” Dangote […]
