Saudi Aramco is considering selling a 2.5% stake in the company worth $50 billion, the Wall Street Journal is reporting. Mohammed Bin Salman, crown prince of Saudi Arabia, is said
Tag "stake"
The Fund for Export Development in Africa (FEDA) has acquired a 5 percent stake in Geregu Power Plc, an electricity-generating firm. FEDA is the impact development unit of the Africa
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
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
The federal executive council (FEC) has approved the sum of $2.76 billion for the acquisition of a 20 percent minority
Dangote Group says three oil firms from Western and Middle East countries have initiated talks to buy a stake in
The Nigerian National Petroleum Corporation (NNPC) says it has initiated talks with the Dangote Group about purchasing a 20 percent
Atlas Mara Limited, a financial services group, says it has not received offers from any bank to acquire the company’s
MTN Group has completed its exit from Jumia, a leading e-commerce platform in Africa, selling its 18.9 percent stake and
Custodian Investment Plc and UAC of Nigeria Plc have signed a binding agreement for Custodian to purchase a 51 percent
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