South Africa’s Exxaro Resources gets approval for a secondary listing on A2X
SOUTH AFRICA – Exxaro, a coal and heavy mineral companies in South Africa, with an…
Investments, Financials & Economy
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Faulu posts 68% rise in full-year profit, focuses on technology to catalyse growth
KENYA – Faulu Kenya, a microfinance lender, has posted a 68 percent increase in profit-before-tax…
CrossBoundary Energy receives US$16.5m commitment from ARCH EM Partners
AFRICA – ARCH Emerging Markets Partners’ Africa Renewable Power Fund (ARCH ARPF) has announced its…
Dangote Cement receives board approval to issue first bond
NIGERIA – Dangote Cement Plc has obtained the approval of its board of directors to…
GreenTec invests into Cote d’Ivoire waste-management start-up Coliba
IVORY COAST– Coliba, a startup that has developed a recycling and waste management platform, has…
Absa Kenya posts US$70.36m net profit as re-branding costs dent performance
KENYA – Absa Kenya, formerly Barclays Kenya, has posted a KSh7.45 billion (US$70.36 million) profit…