Updates

ICD Signs MoU with DCF on Private Equity fund for SMEs in Gabon, Central Africa

October 19, 2016/ICD Mr. Khaled Al-Aboodi, the CEO of the Islamic Corporation for the Development of the Private Sector (ICD), a member of Islamic Development Bank Group, and Mr. Alain Ditona Moussavou CEO of Deposit and Consignments Fund (DCF), signed a Memorandum of Understanding (MoU) to launch an investment fund […]

South African Jay Caboz wins GE Energy & Infrastructure Award at CNN Multichoice African Journalist Awards 2016

October 19, 2016/GE Jay Caboz, from South Africa, has been awarded the GE Energy & Infrastructure Award, presented by Thomas Konditi, President and CEO GE Transportation Africa & GE South Africa, at this year’s CNN MultiChoice African Journalist 2016 Awards ceremony. Caboz, a writer for Forbes Africa, in South Africa, won for his […]

ExxonMobil to Divest 60% Stake from Mobil Oil

October 19, 2016/NSE Mobil Oil Nigeria Plc has been informed by its majority shareholder, ExxonMobil Oil Corporation that it has agreed, subject to regulatory approvals, to sell its shares representing 60% of Mobil Oil Nigeria’s shares to Nipco Investments Limited, a wholly-owned subsidiary of Nipco Plc (both of which are Nigerian […]