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 […]
Tag: $500 million
GT Bank seeks redemption on $500 mln Eurobond
Fri Feb 5, 2016/Reuters Guaranty Trust Bank (GT Bank) launched a tender offer on Friday to repay a $500-million Eurobond early, a move to deploy its available dollar liquidity ahead of the debt’s maturity. The bank said the notes, priced to yield 7.5 percent, were due to mature in May […]
BOI To Start Disbursement Of $500m Fund
The Bank of Industry (BoI) on Friday announced that it would soon commence the disbursement of the African Development Bank’s $500 million (N80 billion) fund to industrialists in Nigeria. This is even as the bank put the total loan disbursement across various sectors of the Nigeria economy within two years […]
