June 23, 2016/Mainstream Renewable Power $117.5m deal to fund continued expansion of Lekela Power platform, providing renewable power supply across Africa Investors include IFC, the IFC African, Latin American and Caribbean Fund (ALAC) and the IFC Catalyst Fund, two funds managed by IFC Asset Management Company, Ascension Investment Management and […]
Updates
Orange completes acquisition of mobile operator Airtel in Burkina Faso
June 22, 2016/Orange Airtel is the 2nd largest mobile operator in Burkina Faso, with close to 4.6 million customers Orange announces today that, together with its subsidiary Orange Côte d’Ivoire, it has completed the acquisition of 100% of the mobile operator Airtel in Burkina Faso. Since the signature of an […]
Nigeria central bank sells FX third day after naira float – traders
Wednesday June 22, 2016/Reuters Nigeria’s central bank sold dollars onto the interbank forex market for a third day to try to ease dollar shortages after it floated the currency, traders said. Nigeria ditched a 16-month peg on the naira to allow the currency trade freely on the interbank market but […]
