30 results
- 6 Mar 2014
Group to Ensure Equity in Logistics, Supply Chain Industry
The Maritime Advocacy and Action Group (MAAG), has declared it move to ensure fairness and equity for all stakeholders in the Logistics and Supply chain Industry. Alhassan Dantata, national…
- 6 Dec 2021
MTN Nigeria Pledges to Implement Group's Vaccine Mandate, Joins WHO Call for Vaccine Equity
Following the MTN Group announcement of its intention to implement a vaccine mandate across its operations from January 2022, Karl Toriola, chief executive officer, MTN Nigeria, has voiced support,…
- 21 Aug 2014
Kunoch Holdings Buys Diamond Bank Stake from Actis, CDC Group
Actis, and CDC Group, two major private equity firms have sold their 14.79% stake in Diamond Bank Plc to Kunoch Holdings, according to a statement on the bank’s website. The statement read: “Diamond…
- 17 Nov 2017
Equity Assurance launches mobile ‘USSD’ insurance
By peter oluka Equity Assurance Plc., a member of SUNU Group, a leading Insurance Group that operates in 14 countries in Africa, announces the launch of its innovative mobile (USSD) Insurance…
- 29 Dec 2021
AfDB Approves €10.5m Pooled Investment in Startup Fund
The Board of Directors of the African Development Bank Group has approved an equity investment pool of €10.5m to drive technological innovation across sub-Saharan Africa. The AfDB announced this in a…
- 12 Aug 2026
World Bank Investing $25 million in Equity in Jumia Technologies
The World Bank Group is supporting the expansion of Africa's digital commerce infrastructure to help small businesses reach new markets, create jobs, and strengthen economic opportunities across the…
- 2 Jun 2023
AfDB Approves $20m Investment in Private Equity Fund
The Board of Directors of the African Development Bank Group (AfDB) has approved an equity investment of $20 million in the Africa50 Infrastructure Acceleration Fund I, in support of its target to…
- 6 Apr 2016
Orange Doles Out £7m, Invests in African e-commerce Giant 'AIG'
Orange has announced the acquisition of a 75 million-euro equity interest in Africa Internet Group, joining AXA, Goldman Sachs and longstanding investors MTN Group, Millicom and Rocket…
- 27 Mar 2015
Barclays Applies for Equities Trading License in Nigeria
Barclays Africa Group Ltd., which is expanding on the continent after buying most of its parent’s operations in Africa, has applied for an equities trading license in Nigeria in addition to a…
- 8 Dec 2009
Helios Towers Africa Secures $350m equity for Expansion
Helios Towers has signed $350Million equity financing contract with Global Investor Group to rollout services to other African countries. The investing group comprised of Soros Strategic Partners LP,…
- 13 Oct 2019
NSE Reviews Rules on Pricing Methodology
The Nigerian Stock Exchange (NSE) has announced the amendment to the rules on Pricing Methodology; price movements of equity securities traded on The Exchange. The amendments, which will be effective…
- 18 Sept 2025
AfDB Approves Equity Investment in The Currency Exchange Fund to Support Access to Local Currency Financing Across Africa
The Board of Directors of the African Development Bank Group has approved an equity investment of USD 25 million in The Currency Exchange Fund (TCX), a global leader in offering long-term local…
- 14 Jul 2008
Transcorp Spots Leakages in Nitel, Plans Transformation
Transnational Corporation has moved to end the monthly leakage of about N1.7bn from the Nigerian Telecommunications Limited where it has 51 per cent equity stake. Mr. Tom Iseghohi, group managing…
- 9 Dec 2018
Kobo360 Secures $6M Seed Investment from IFC to Transform Supply Chain in Africa
IFC, a member of the World Bank Group, has announced a $6 million equity investment in Kobo360 Inc, a tech-enabled e-logistics platform that connects the supply of trucks with the demand for…
- 18 Jan 2019
NEM Insurance Announces Investment by AFIG Funds
NEM Insurance Plc, a leading insurance group in Nigeria announced that Advanced Finance and Investment Group (“AFIG Funds”), a leading African private equity fund manager has, through AFIG Fund II,…
- 10 Jun 2017
AfDB Approves €5m Equity Investment to Support SBs in sub-Saharan Africa
The Board of Directors of the African Development Bank Group (AfDB) has approved a €5 million equity participation in Investisseur & Partenaire pour le Développement 2 (IPDEV.2), to support Small…
- 19 Jun 2023
Interswitch Partners Equity Bank Uganda to Provide Affordable Services
Interswitch, Africa’s integrated payments and digital commerce company, has partnered with Equity Bank, one of the top Banking Groups in East Africa, to provide the Bank’s customers with faster and…
- 26 Aug 2018
Finserve Targets Nigeria, Others in Expansion into E-commerce, Remittances Markets
Fintech business, Finserve is betting on a new payment platform for customers and businesses across East, Central Africa as well as Nigeria to tap into the region’s e-commerce and remittances…
- 5 Oct 2016
Etihad Extends Reach in Africa Via New Kulula.Com Codeshare Agreement
Etihad Airways, the national airline of the United Arab Emirates, continues to build its presence in Africa through a new codeshare agreement with kulula, South Africa’s award-winning low cost…
- 31 Jan 2017
Etihad Airways Presents Tickets to Spar ‘Shopper of The Year’ Winner
Etihad Airways presented a ‘Business Class’ ticket to the lucky winner of the SPAR ‘Shopper of the Year’ promotion. The promo which held at the SPAR outlet in Ilupeju, Lagos on the 25 January 2017,…
- 7 Jul 2022
Furera Isma Jumare, Florence Chikezie, Ayanda More, others Join the Lineup of Speakers for PMI’s Africa Conference
Project Management Institute (PMI), the world's leading association for project professionals, has announced its lineup of speakers to include Furera Isma Jumare, Director-General, Jigawa State…
- 23 Mar 2021
United Capital Holds AGM, Shareholders to Receive N4.2Bn Dividend Payout
United Capital Plc, United Capital Plc is a leading Pan-African financial and investment services group, providing bespoke value-added service to its clients has held its Annual General Meeting (AGM)…
- 12 Oct 2021
NGX Group Upholds Global Best Practices Ahead of Planned Listing by Introduction
In line with its commitment to uphold best global practices, Nigerian Exchange Group Plc’s (NGX Group or The Group) leveraged the Facts Behind the Listing of (NGX or The Exchange) to engage…
- 3 Dec 2019
Credit Platform Migo Raises $20m Series B Funding
Migo (formerly Mines.io), a startup reinventing the way people access and use credit in emerging markets, has completed a Series B equity round of $20 million led by Valor Capital Group, a…
- 13 Apr 2012
Why Women, Girls Should Embrace ICT – Witin
Why Women, Girls Should Embrace ICT – WitinWomen in Technology in Nigeria (Witin), a non-governmental organization has said that Nigeria stands at a great disadvantage if disparities between the…
- 2 Aug 2010
Helios, Vitol to Acquire Shell’s Downstream Businesses in Africa
Vitol Group has said that it is in exclusive negotiations with Shell Oil Products Africa (Shell) for the potential acquisition of equity in their downstream businesses in 19 countries in Africa,…
- 26 Oct 2014
IFC, ARM Capital Partner to Strengthen Nigeria’s Agribusiness Sector
IFC, a member of the World Bank Group, and ARM Capital Partners, the manager of ARM Private Equity Fund, announced a joint $9.5 million equity investment in Boulos Foods and Beverages Limited to…
- 8 Jan 2025
GTCO Completes First Phase of Capital Raise Initiative with N209bn
Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) has successfully completed the first tranche of its equity capital raise programme, following the completion of the capital…
- 31 Jul 2014
CBO Capital Arranges $55m for Owel-Linkso Gas Plant Acquisition
Owel-Linkso Group has completed the acquisition of the Egbaoma Gas Processing Plant located in OML 38, from the Platform Petroleum/Newcross Joint Venture. The equity investment supporting the…
- 14 Dec 2020
InfraCo Africa Invests $27m in InfraCredit to Finance Infrastructure
InfraCredit, a specialised local currency infrastructure credit guarantee institution, has announced the completion of a $27 million equity investment by InfraCo Africa, part of the Private…