Deals and Investment

Some of the investors include the U.K’s CDC Group, Italy’s CDP, the Netherlands Development Finance Company (FMO) and SwedFund.

This announcement follows the execution of a share purchase agreement by the parties.

The deal will make the distribution of images and press releases about Africa instantly available to tens of thousands of media organizations all over the world.

Orange and AXA’s investment and network will accelerate DabaDoc’s growth and extend DabaDoc’s services to other regions, in particular Sub-Saharan Africa.

The Nigerian National Petroleum Corporation (NNPC) is in talks to acquire a 20% minority stake in Dangote Refinery, the state oil giant disclosed.  The oil refinery, which still under construction, would be the biggest in Africa. When the deal is concluded and the facility becomes functional, there will be an…