South African food company Tiger Brands has agreed to buy a Kenyan milling and confectionery firm for $25 million, the Business Day newspaper reported on Tuesday, citing a company executive. The Johannesburg-based maker of bread and breakfast cereal will acquire flour milling company Rafiki Mills, corporate affairs group executive Alex […]
Tag: South Africa
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 […]
Analysis: Emerging market investors face year mined with political risks
As the tidal wave of global central bank liquidity recedes in 2014, emerging market investors are growing more anxious about local political risks – and how to spot them early on. Developing economies have had a rough ride since the Federal Reserve first mooted a wind-down of its money printing […]
