April 1, 20105/The Will Africa’s leading indigenous conglomerate, Dangote Industries Limited, has announced a multi-million dollar Joint Venture Agreement with Saipem, the Italian engineering and construction giants. The agreement has given birth to a new company named Saipem-Dangote E&C. According to a statement from Dangote Group, the company, Saipem-Dangote E&C, […]

April 1, 2015/Bloomberg MTN Group Ltd., Africa’s biggest wireless operator, increased the most in almost five years after former military ruler Muhammadu Buhari won a largely peaceful vote in Nigeria, the South African company’s biggest market. The shares advanced as much as 6.6 percent, the most since May 2010, and […]

Wed Apr 1, 2015/Reuters Citigroup Inc (C.N) is planning to sell Prime Reinsurance Co, a unit created five years ago when the bank spun off its life insurance business, Primerica Inc (PRI.N), Bloomberg reported. The unit, referred to as Prime Re, could draw interest from Reinsurance Group of America Inc […]