Global Infrastructure Partners, the private-equity firm run by former Credit Suisse First Boston investment banking head Adebayo Ogunlesi, is seeking $2.5 billion for debt investments as new regulations make it more costly for banks to lend to projects such as windfarms and airports. Steve Cheng and Reiner Boehning, previously heads […]

MTN Group Ltd. (MTN), Africa’s largest wireless operator, appointed Irancell executive Ferdi Moolman as chief financial officer of the company’s Nigerian operations, succeeding Andrew Bing. Moolman will be replaced as chief operations officer of MTN Irancell by Mazen Mroue, head of MTN Uganda, the Johannesburg-based company said in an e-mailed […]

Dangote Industries  Limited has secured a $300 million facility from African Development Bank, AFDB to finance the construction of its crude oil refinery and Greenfield fertilizer manufacturing plant. According to the AFDB, the loan is designed to help boost fuel supply and fertilizer production in Nigeria. The AFDB said, “Both […]