Infrastructure Finance
Merger and Acquisition
West China Cement Eyes Southern African Expansion with AfriSam Acquisition.
Loans
Heirs Energies' Bold Moves in Nigeria's Oil Sector with $750 Million Debt Facility.
Insights
Broll Property Group: The $19.5Billion Force in African Commercial Real Estate.
Insights
The Surge of Smartphone Adoption in Africa: A Catalyst for Financial Inclusion
Smartphone adoption in Africa is projected to grow significantly, transforming the continent's financial landscape. Why It Matters: Increased affordability is expected to lead to smartphone usage accounting for 88% of all connections in Sub-Saharan Africa by 2030, compared to a global average of 92%. Consumer trends are
Industries
Nigeria Targets Private Capital Investors with $32 billion Electricity Reform.
Nigeria is implementing an ambitious electricity sector reform to make the industry more attractive to private capital investors. Why it matters: Poor tariff policies and ongoing challenges such as liquidity problems, substandard electricity supply, insufficient distribution infrastructure, and frequent power outages have made access to electricity in Nigeria a scarce
Industries
The $2.5 billion African Meatpacking Opportunity.
JBS SA, headquartered in Brazil and the world's largest meat producer, plans to invest approximately $2.5 billion to establish its first meatpacking facilities in Africa. Why does this matter: The outlook for JBS's operations in Nigeria is promising, given that Nigeria ranks as Africa'
Industries
OPEC Fund Signs $40 million Loan with Africa's Leading Agriculture Commodity Trader
The OPEC Fund, the development finance institution for the Organisation of the Petroleum Exporting Countries (OPEC) member states, has entered into a $40 million loan agreement with ETC Group, a prominent agriculture and supply chain operator in Africa. Why does this matter: The loan is the OPEC Fund's
Industries
Tanzania's Amsons Group $180 million Acquisition of Kenya's Bamburi Cement.
Amsons Group, a Tanzania-based family-owned conglomerate, has proposed a significant $180 million acquisition bid for the entire stake of Kenya-based Bamburi Cement through its Kenyan subsidiary and investment vehicle, Amsons Industries Ltd. Why does it matter: This move lies in the fact that it is regarded as
Industries
Africa Data Centres Raises $110 million for Expansion.
Africa Data Centres, the largest operator and owner of interconnected, carrier, and cloud-neutral data centre facilities in Africa, has secured $110 million to meet the growing demand for cloud computing services in South Africa. Why is this important: This development holds significant importance as the continent’s expanding digital
Industries
South Africa's Leading Chicken Producer Daybreak Farms Seeks $13.3 Million Debt.
Daybreak Farms, one of the largest chicken producers in South Africa, with a market share of over 7%, is planning to raise 250 million rand ($13.3 million) in debt. Why is this important: The company, owned by Africa's largest fund manager, Public Investment Corp, has had challenges
Industries
Cadbury Nigeria Plans $7.7million Debt-to-Equity Conversion
Cadbury Nigeria Plc the food, sweet and drink company has announced plans to convert an outstanding $7.7 million loan from its parent company Cadbury Schweppes Overseas Ltd into equity to reduce higher financing obligations due to the further devaluation of the Naira. Why is this important: Nigeria has undergone