MTN Shares Make 10% Rise In Pre-market Bid
18/05/2019MTN Nigeria shares rose another 10% to 108.90 naira in pre-market bids today after its debut $6.5 billion stock market listing on the Lagos bourse. Nigeria’s biggest telecoms firm, owned.
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Mozambique To Earn $95 Billion From Natural Gas
18/05/2019Mozambique’s government expects to reap $95 billion (R1.35 trillion) in revenue over 25 years from natural-gas deposits being developed in the country – more than seven times larger than its.
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Business & Economy
MTN To Float On Nigeria’s Stock Exhange
15/05/2019MTN Nigeria announced plans to float its stock in Lagos on Thursday in a deal valued at $6 billion, following the South African telecoms group’s agreement with Nigerian regulators to.
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Business & Economy
Somalia To Grow By 3% In 2019.
15/05/2019Somalia’s economy continues to recover, with growth expected to strengthen to 3% in 2019 from 2.8% last year, while inflation could ease to 3% from 3.2% over the same period,.
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Business & Economy
Anadarko Signs Deal With Jera, CPC Corp
14/05/2019US oil giants, Anadarko Petroleum Corp, has said on Monday that a unit it jointly owns which markets gas from Mozambique has signed a long-term deal to supply liquefied natural.
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Business & Economy
Kenya Secures $666 Million Chinese Funding
29/04/2019Kenya has secured 67.5-billion shillings ($666-million) in funding from China to build a data centre in a tech city currently under construction and a highway in Nairobi, the president’s office.
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Business & Economy
Pick n Pay Reports 18% Profit
26/04/2019South African retail giants Pick n Pay Stores Ltd has reported an 18 percent jump in full-year earnings, as price cuts helped it attract highly cost-conscious shoppers and cope with.
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Business & Economy
MTN Goes Public Before Listing
25/04/2019South African telecoms firm MTN has converted its Nigerian unit into a public company before its planned listing on the Nigerian bourse in the first half of the year. MTN.
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Business & Economy
Kachikwu Discusses Deal With Aramco
25/04/2019Nigerian Oil Minister Emmanuel Kachikwu and the president of Saudi Aramco have discussed investment options in the mid and downstream sector, Nigeria’s petroleum ministry said on Wednesday in a tweet..
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Business & Economy
MASCOM To Raise $300 Million
23/04/2019In what is expected to be the biggest flotations on the Gaborone bourse, billionaire businessman and founder of the Econet Wireless Group, Strive Masiyiwa, plans to list a part of.
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