Updates

AMCON Takes Over OAS Helicopters

Photo Credit: OAS Helicopters 14/2/2017/Sahara Reporters Just five days after the takeover of Arik Air by the Asset Management Corporation of Nigeria (AMCON), the company has taken over one of the leading helicopters companies in Nigeria, Odengene Air-Shuttle Services Limited (AOS). The takeover followed a court injunction obtained by the […]

Fitch Rates Nigeria’s USD Notes ‘B+’

Lagos (INVESTADVOCATE)-(This statement was made by Fitch Ratings on February 14, 2017)-Fitch Ratings has assigned Nigeria’s USD1 billion 15-year 7.875% senior unsecured notes a final rating of ‘B+’. The final rating replaces the expected rating that Fitch assigned on 6 February 2017. KEY RATING DRIVERS The rating is in line […]

The AWF and NEPAD-IPPF Foster Climate Resilient Water Resources Development in Southern Africa

15/2/2017/AfDB The African Water Facility (AWF) and NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) signed on January 31, 2017 in Pretoria, South Africa, a letter of agreement with the Orange Senqu River Basin Commission (ORASECOM) to launch the Climate Resilient Water Resources Investment Strategy and Multipurpose Project Preparation for the Orange-Senqu […]