Thu Mar 12, 2015/Reuters GlaxoSmithKline has launched a $890 million share sale in South African drug company Aspen Pharmacare, a source familiar with the matter said on Thursday. GSK said earlier on Thursday that it had launched the sale of around half its holding in the company. A price range […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian oil and gas exploration and production firm, Oando Energy Resources Inc. (OER) said on Monday it has increased production in its Qua Iboe field, and associated crude delivery and sales infrastructure, with commercial production at 2,150 boepd Gross. OER said the commercial oil production […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Atlas Mara, founded Bob Diamond,  former chief executive of Barclays and Dubai-based billionaire business partner Ashish Thakkar has said its targeting small businesses and the middle class in Africa, a Reuters report quoted John Vitalo, its chief executive. “We want to do things outside […]