Updates

Will Africa be digitally relevant in the next 10 years?

April 12, 2016/Frost & Sullivan By: Wayne Houghton, Director of Growth Implementation Solutions, Frost & Sullivan Africa jobs which were common place in 2015 will no longer exist. Students graduating in 2016, will have obsolete qualifications for which there will no longer be a profession by 2025. Front-line military personnel […]

QG Africa Hotel LP acquires InterContinental Hotel in Lusaka

April 12, 2016/Quantum Global QG Africa Hotel LP, a Mauritius-based fund managed by QG Investments Africa Management Ltd, a company of the Quantum Global group (www.QuantumGlobalGroup.com), has acquired 100% interest in the InterContinental Hotel Lusaka from Kingdom Hotel Investments for a gross consideration of USD 35.9 million. The transaction closed […]

Wema Bank Eyes Acquisition, to Raise N50 Billion via Domestic Bonds

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc is seeking to buy a mid-sized commercial Bank and will seek shareholders approval in May 2016 to enter talks for the deal, a Reuters report quoted Tunde Mabawonku, its chief financial officer (CFO) on Monday. “Wema Bank is keeping a close […]