Latest News East Africa
Renewable energies
13/03/2020 at 15h29, by Africa Business+
After Alphabet (Google), Vestas is “in negotiations” to sell its stake in the Turkana project
The Danish wind turbine manufacturer is also seeking to dispose of the project, the largest Kenyan PPP...
Agribusiness
12/03/2020 at 17h15, by Aurelie Benoit
Osama Daoud Abdellatif (DAL Group) becomes the first Sudanese private sector operator to obtain an AfDB loan ($75 million)
The businessman who heads the country’s largest conglomerate can now count on the support of the pan-African...
Logistics
09/03/2020 at 16h54, by Gaëlle Arenson
Bolloré Transport & Logistics establishes a JV with its partner CLS Logistics in Ethiopia
The setting up of the new local subsidiary comes at a time when DP World’s expansion plans in the logistics...
Logistics
06/03/2020 at 16h52, by Africa Business+
DP World’s ambitions in Ethiopia are failing to materialize
The framework agreement signed in May 2016 between DP World and the Ethiopian government had given rise...
Renewable energies
04/03/2020 at 16h20, by Aurelie Benoit
Tembo Power to raise $100 million for its hydroelectric projects
The company is seeking to expand its near 200MW portfolio on the continent, with the support, among...
Agri-food industry
24/02/2020 at 16h05, by Africa Business+
Al Khaleej Sugar and Cosumar among the bidders for Ethiopian Sugar’s assets
The government hopes that the windfall from the privatisation of six mills will help it repay debts...
Mines
13/02/2020 at 16h48, by Valentin Grille
Shanta Gold invests in Kenya, acquiring Acacia Exploration from Barrick
The junior oil and gas company based in Tanzania acquired a mine discovered by the Canadian mining company,...
Oil & Gas
06/02/2020 at 22h06, by Africa Business+
Experiencing hard times, Tullow initiated the sale of the South Lokichar oil fields in Kenya with Total
Having suffered a blow on the stock market, the British oil company Tullow wants to sell a significant...
Education
06/02/2020 at 16h28, by Africa Business+
Supdeco Dakar to open in Djibouti in October, next stop, Abidjan and Conakry
Between 200 and 300 students will make up the business school’s first graduating class, as demand for...
Mines
03/02/2020 at 10h27, by Gaëlle Arenson
Barrick Gold/Tanzania: an oil & gas-inspired production sharing agreement
The contract drawn up at the end of January between the Canadian giant and the local authorities is...
Logistics
29/01/2020 at 15h16, by Africa Business+
Trade and Development Bank grants $20 million to Red Sea Bunkering in Djibouti
The development bank of the COMESA states will grant a facility to this subsidiary of the Port Authority...
Large-scale distribution
24/01/2020 at 16h27, by Africa Business+
How private equity could have saved Kenya’s Nakumatt from bankruptcy
By rejecting the opening of its capital to institutional investors, who could have provided financing...
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