Investors Bite

Dangote Cement Names Viswanathan Shankar as a Non-Executive Director

December 14, 2017/NSE Dangote Cement Plc. (DANGCEM-NL), Africa’s largest cement producer, announces the appointment of Viswanathan Shankar as a Non-Executive Director. Mr. Shankar is Chief Executive Officer of Gateway Partners, a private equity firm focused on investing in the dynamic growth markets of Africa, Middle East and Asia. He is […]

AfDB Says EUR 500 million 0.250% 7-year Social Bond Transaction – Due 21 November 2024

December 13, 2017/AfDB  Final terms of the transaction Issuer African Development Bank Ratings Aaa / AAA / AAA (Moody’s / S&P / Fitch) Principal Amount EUR 500,000,000 Pricing Date 14 November 2017 Settlement Date 21 November 2017 Maturity Date 21 November 2024 Re-Offer Price/Yield 99.282% / 0.354% annual Coupon 0.25% […]

Nigeria Still Investors Destination – IMF

December 13, 2017/SEC Monetary and regulatory authorities in Nigeria have been enjoined to roll out policies that would bring down the inflation rate in the country as well as increase access to domestic funds in order to ensure that the economy attains further growth in 2018, adding that Nigeria is […]