Investors Bite

Afreximbank offers $300 million to private investors in equity

7/9/2017/Reuters The African Export-Import Bank (Afreximbank) is offering up to $300 million in depositary receipts to private investors to boost capital for lending to industries on the continent, a top executive of the bank said on Thursday. The depositary receipts offer investors the same rights as normal shareholders, but issuing […]

UNILEVER N58.8Billion Rights Issue Closes (Today) September 8, 2017

September 8, 2017/Cordros Capital Unilever Nigeria Plc’s (UNILEVER) Rights Issue, opened on 31 July, 2017, will close on Friday, 08 September 2017. The Rights Issue is being undertaken to enable UNILEVER repay its various outstanding loan obligations and to support working capital. Details of the Rights: Being Issued –                       […]

Africa50 to Announce New Strategy, New Investments, and New Members at its Shareholder Meeting in Dakar on September 12

September 8, 2017/AfDB Africa50, the pan-African infrastructure investment platform, will hold its third Shareholders Meeting in Dakar on Tuesday, September 12, at 11:00 a.m. at the King Fahd Hotel. Hosting the first such meeting in West Africa, President Macky Sall of Senegal will welcome the delegates. Prime Minister Bruno Tshibala […]