Alerts
Morocco is expanding its ability to move heavy armour with a new order for 50 American-made tank transporters, adding logistical capacity to the North African country’s military modernisation programme.
The owners of Kenya’s second-largest supermarket chain have opened a share sale worth approximately $116 million, with the World Bank Group’s private-sector investment arm conditionally committing up to $15 million.
Zimbabwe is negotiating with India’s international payments operator to reduce transaction costs and accelerate transfers, potentially bringing Indian technology into the infrastructure connecting its banks and digital-finance businesses.
South Africa’s largest general insurer could leave the Johannesburg Stock Exchange after Sanlam proposed buying out Santam’s remaining eligible shareholders, offering a cash premium to bring the business fully under its ownership.
Four months after taking office, Benin’s President Romuald Wadagni has made his first visit to France, meeting President Emmanuel Macron in Paris as France seeks to rebuild its economic and strategic relationships across Africa.
Kenyan investors will be able to participate in Dangote Petroleum Refinery’s $1.6 billion initial public offering after the country’s capital markets regulator approved a short-form prospectus for a global depository receipt linked to the share sale.
