June 19, 2017/Dangote Group Succor will soon come to users of Apapa Wharf road as Federal government handed over the troubled road to Dangote Industries Limited and Flour Mills of Nigeria (FMN) for immediate reconstruction with concrete overlay. After the nation and port users have lost several billions of Naira […]
Updates
AfDB approves US$ 15 million equity investment in Shore Capital Fund to support inclusive growth in Africa
16/6/2017/AfDB The Board of Directors of the African Development Bank (AfDB) has approved a US$ 15 million investment in Shore Capital Fund III, a multinational Private Equity Fund which promotes financial inclusion by supporting financial institutions serving Africa’s low income and emerging middle-class communities. With a target capitalization of US$ […]
Ecobank’s shareholders approve $400 million convertible bond issue to strengthen Group’s capital position
June 18, 2017/ETI Lomé-During the 29th Annual General Meeting and Extraordinary General Meeting, held in Lomé on 16 June 2017, shareholders of Ecobank Transnational Incorporated (‘ETI’), the parent company of the Ecobank Group (‘Ecobank’ or ‘the Group’), approved the issue of up to $400 million in convertible bonds. The convertible […]
