U.S. drugmaker Pfizer pressed the scientific case for its controversial plan to acquire AstraZeneca on Monday as its chief executive prepared for a grilling from British lawmakers. In the latest phase of Pfizer’s campaign to counter critics of its proposed $106 billion deal, research head Mikael Dolsten said he had […]

Heineken (HEIN.AS) plans capital expenditure of 500 million euros ($690 million) a year in Africa over the next few years to maintain sales growth, a senior executive at the world’s third largest brewer told Reuters on Friday. The money will be used to upgrade production facilities and on training, said […]

Africa’s richest man, Aliko Dangote, has pocketed $706 million in dividends from profits made by his crown jewel, Dangote Cement in 2013. Dangote Cement PLC, which held its annual meeting in Lagos on Friday, recorded sales of $2.4 billion, up 29.4% from $1.85 billion in 2012. Profit before tax stood […]