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 […]
Business News
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 […]
QG Africa Hotel LP acquires InterContinental Hotel in Lusaka
April 12, 2016/Quantum Global QG Africa Hotel LP, a Mauritius-based fund managed by QG Investments Africa Management Ltd, a company of the Quantum Global group (www.QuantumGlobalGroup.com), has acquired 100% interest in the InterContinental Hotel Lusaka from Kingdom Hotel Investments for a gross consideration of USD 35.9 million. The transaction closed […]
