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Tags archive: Divestment

Home /Tag: Divestment
LATEST NEWS

Tullow Oil Plc to divest its asset in west coast of Central Africa

February 20, 2021 0

WEST AFRICA - Tullow Oil Plc TUWOY plans to divest its overall assets in the productive fields of Equatorial Guinea and the Dussafu Marin in…

DealStreet Africa

Orascom Holdings divests its stake in Sarwa Capital for Beltone Securities

February 13, 2021 0

EGYPT - Orascom Investment Holding, a holding company, has sold its entire stake in Sarwa Capital Holding for Financial Investments, Beltone Securities Brokerage. The company…

Vodafone extends zero charge on mobile money transfers LATEST NEWS

Vodafone Group set to sell its Ghanaian business as it plans to pay down debt

January 27, 2021 0

GHANA - Vodafone Group, multinational telecommunications company, is considering options to sell its majority stake in its Ghana business to Johannesburg-listed Vodacom Group, in which…

Infrastructure, Construction & Real Estate

Lafarge Africa divests 35% shareholding in Continental Blue Investment Ghana

January 22, 2021 0

NIGERIA - Lafarge Africa Plc, a cement manufacturer, has announced to the Nigerian Stock Exchange (NSE) that it has resolved to divest its 35 percent…

Vodafone extends zero charge on mobile money transfers DealStreet Africa

Vodafone to sell its 55% shareholding in its Egyptian subsidiary to Saudi Telecom Company

December 22, 2020 0

EGYPT – Vodafone, a British multinational telecommunications company, has sold its 55% sharehoding in Vodafone Egypt to Saudi Telecom Company on a US$2.4 billion agreement…

LATEST NEWS

Eterna Plc Board of Directors approve proposed divestment plans by its shareholders

December 22, 2020 0

NIGERIA - The Board of Directors of Eterna Plc, an oil and gas downstream operators, has approved plans by some of its major shareholders to…

DealStreet Africa

Tiger Brands disposes value-added meat products business for US$24.7m to Country Bird Holdings, Molare

August 19, 2020 0

SOUTH AFRICA – South African food manufacturing giant, Tiger Brands has entered into two separate agreements to sell its value-added meat product (VAMP) business units as…

LATEST NEWS

Shoprite set to exit the Nigerian Market after 15 years of operations

August 4, 2020 0

NIGERIA – South African retailer, Shoprite has announced that it is considering the sale of all of or a majority stake in its Nigerian subsidiary, Retail…

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