By Peter OBIORA InvestAdvocate New York (INVESTADVOCATE)- World’s building materials and cement producers, LafargeHolcim said on Monday it has signed an agreement with Siam City Cement Public Company Limited for the divestment of its interest in Holcim Lanka for an enterprise value of $400 million. Holcim Lanka operates one integrated […]
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FDIs to Nigeria, S’ Africa, Kenya fall by 46%
25/7/2016/The Guardian By Adeyemi Adepetun SSA’s GDP shrinks Current World Investment Report (WIR 2016) has revealed a seven per cent drop in Foreign Direct Investments (FDI) to Africa to $54 billion in 2015. Specifically, the report noted that while FDI inflows to South Africa, Ghana and Nigeria dropped by 30.3 […]
IMF MD Christine Lagarde Calls for Broad-based Policy Effort to Reinvigorate Growth
July 24, 2016/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of the Group of 20 (G20) Finance Ministers and Central Bank Governors Meeting in Chengdu, China: “We met at a time of political uncertainty from the Brexit vote, […]
