July 11, 2016/ARC Ltd The African Risk Capacity Insurance Company Limited (ARC Ltd) has announced the appointment of former IFC Director Ms Dolika Banda as Chief Executive Officer, effective from 7 September 2016. She will take the reins from Dr Simon Young, who was appointed CEO in 2014 after playing […]
Updates
LafargeHolcim enters into agreement with Nirma Limited for divestment of Lafarge India
July 11, 2016/LafargeHolcim LafargeHolcim announces it has entered into a letter agreement with Nirma Limited subject to approval by the Competition Commission of India (CCI) for the divestment of its interest in Lafarge India for an enterprise value of approximately USD 1.4 billion. Lafarge India operates three cement plants and […]
Lighting up, Powering Africa: AfDB boosts Eskom’s electricity generation capacity with $1.34 billion jumbo loan
9/7/2016/AfDB Within the context of the New Deal on Energy for Africa, the African Development Bank (AfDB) and South Africa’s power utility (Eskom) on Wednesday, July 7, 2016 in Johannesburg, signed loan facilities for a USD 1.34 billion towards Eskom’s capital expenditure program. Eskom’s 2016-2020 capital expenditure program includes investments […]
