Tag: Rwanda

Sub-Saharan Africa M&A deals, debt issuance surge in 2013

* M&A deals jump by a third to $30.3 bln * Most are in energy, materials sector * Mozambique most-targeted country for M&A * Sub-Saharan debt issuance at record high The value of merger and acquisition deals targeting sub-Saharan African firms jumped by almost a third last year to $30.3 […]

ASL Diversify into Oil & Gas, in-flight catering

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Airline Services & Logistics Plc, (ASL) operating in the Aviation sector of the Nigerian Stock Exchange (NSE) Monday said it has diversified its business into Oil & Gas and provision of in-flight catering in Rwanda, East Africa. According to the company in a notice to […]

Nigeria’s GTBank Acquires 70% Stake in Kenyan Bank

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s Guaranty Trust Bank Plc (GTbank) Tuesday announced it has acquired 70 percent (70%) in Fina Bank Limited, Kenya with subsidiaries in Uganda and Rwanda. GTBank in a notice to the Nigerian Stock Exchange (NSE) following its letter dated July 16, 2013 informing the […]