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Access Bank acquires majority stake in BancABC Botswana — fourth acquisition in 2021

    Access Bank acquires majority stake in BancABC Botswana — fourth acquisition in 2021

Access Bank Plc has completed the acquisition of a majority stake of 78.15 percent in African Banking Corporation of Botswana Limited (‘BancABC Botswana’). The bank announced this in a statement

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Dangote: How NNPC will fund $2.7bn equity deal in our refinery

    Dangote: How NNPC will fund $2.7bn equity deal in our refinery

Aliko Dangote, chairman of Dangote Group and Africa’s richest person, says the Nigerian National Petroleum Corporation (NNPC) will not pay for 20 percent minority equity stake in the Dangote Refinery

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FEC approves $2.7bn for NNPC’s acquisition of stake in Dangote Refinery

    FEC approves $2.7bn for NNPC’s acquisition of stake in Dangote Refinery

The federal executive council (FEC) has approved the sum of $2.76 billion for the acquisition of a 20 percent minority equity stake in the Dangote Refinery. Timipre Sylva, minister of

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Foreign oil firms in talks to acquire stake in Dangote refinery

    Foreign oil firms in talks to acquire stake in Dangote refinery

Dangote Group says three oil firms from Western and Middle East countries have initiated talks to buy a stake in its 650,000 barrels per day (bpd) refinery. Devakumar Edwin, group

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Report: NNPC in talks to acquire 20% stake in Dangote Refinery

  Report: NNPC in talks to acquire 20% stake in Dangote Refinery

The Nigerian National Petroleum Corporation (NNPC) says it has initiated talks with the Dangote Group about purchasing a 20 percent

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Atlas Mara: No offer for stake in Union Bank

  Atlas Mara: No offer for stake in Union Bank

Atlas Mara Limited, a financial services group, says it has not received offers from any bank to acquire the company’s

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MTN Group makes final exit from Jumia, rakes in $138m

  MTN Group makes final exit from Jumia, rakes in $138m

MTN Group has completed its exit from Jumia, a leading e-commerce platform in Africa, selling its 18.9 percent stake and

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Custodian Investment purchases 51% stake in UPDC Plc

  Custodian Investment purchases 51% stake in UPDC Plc

Custodian Investment Plc and UAC of Nigeria Plc have signed a binding agreement for Custodian to purchase a 51 percent

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