July 13, 2018 – Ai PDF

EFG Hermes concludes advisory to one of the world’s largest international microfinance institutions on its GBP 125 mn IPO on the London Stock Exchange

Press releaseBy admin July 13, 2018

Impact on Africa; Micro-Finance remains the key growth in Africa. EFG Hermes continues and grows its African footprint and importance into sector of high relevance. ASA has an extensive African footprint, including Nigeria, Kenya, Ghana, Tanzania. Ghana, Tanzania, 13 July 2018 (Dubai and London) — EFG Hermes, a leading financial services corporation in…

In order to complete infrastructure projects, Ethiopia needs $7.5 billion

InfrastructureBy admin July 13, 2018

Ethiopia needs $7.5 billion to finish infrastructure projects such as a massive dam and roads that the government hopes will drive industrialisation, the new prime minister said on Friday. Speaking to parliament before its vote on the 2018/19 budget, Abiy Ahmed said the government needed to be more efficient and prudent in its spending of…

Nigeria’s Dangote to Consider London Cement Listing After Elections

InfrastructureBy admin July 13, 2018

Dangote Cement Plc, Africa’s biggest producer of the building material, may carry out its long-planned listing of shares in London after Nigerian elections early next year, as it considers expansion through takeovers. “We are working on it and we’ll look at it in 2019,” Edwin Devakumar, group executive director at Dangote Industries Ltd., said in an interview…