Crystal Ventures has partially exited its Rwanda-based telecommunications company, MTN Rwanda, selling an estimated 15% of its stake to existing shareholder MTN Group. more
All stories in “Mergers and Acquisitions”.
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NorAH buys $137m stake in DSC
Kuwait-based investment company, North Africa Holding Company (NorAH),has acquired a minority stake in the Moroccan housing developer Dar Saada Company (DSC)for an estimated $137 million. more
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Sub-Saharan M&A hits record high
Sub-Saharan Africa mergers and acquisitions deals reached a record $44 billion in 2010, about twice the transactions recorded the previous year, according to Thomson Reuters data. more
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Heineken acquires five Nigerian breweries
Netherlands-based brewer Heineken has acquired controlling stakes in five Nigerian breweries in a bid to expand is footprint in the burgeoning country. more
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AfriRen bolsters Ghana Rubber Estates
Africa Renewables (AfriRen), the newly-formed UK-based biomass producer has committed $16million to Ghana Rubber Estates, as part of a long-term commercial agreement between the two entities. more
