Dangote Cement Plc (DANGCEM), Nigeria’s largest company and Africa’s biggest producer of the building material, said it plans to begin operations in three countries this year as part of a longer-term expansion across the continent. Dangote Cement plans “to start operations in Sierra Leone, Cameroon and Zambia in 2014,” Chief […]

MTN Group Ltd. (MTN), Africa’s largest phone operator, is planning to sell a stake in its Nigerian mobile tower network, which it values at more than $1 billion, this year. “There is a bidding process going on, so they’re busy doing a due diligence on us, on our towers, our […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oando Energy Resources (OER) on Monday said it has extended the outside date for completion of the proposed acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips to June 30, 2014. Oando said in pursuant to an amendment agreement executed on April 30, […]