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Emerging Markets Business News
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Thursday, 15 September 2011 12:36 |
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The African Development Bank (AfDB) announced last week the first closing of the multi-sector private equity fund Maghreb Private Equity Fund III LLC (‘MPEF III'), with a size exceeding Euro 96 million of capital commitments alongside other Development Finance Institutions (DFIs) and institutional investors. The MPEF III is a third-generation multi-sector private equity fund that will target investments in Small and Medium Enterprises (SMEs).
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Emerging Markets Business News
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Thursday, 25 August 2011 06:20 |
Abuja, Nigeria - Nigeria’s new Minister of Trade and Investments, Dr. Olusegun Aganga, has started strategizing to position the country as the net exporter of cement to the ECOWAS sub-region.Â
Aganga said in Abuja on Wednesday at the inauguration of the Board of Trustees and the Project Implementation Team charged with establishing a Cement Technology Institute (CTI) in the country.
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Emerging Markets Business News
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Friday, 05 August 2011 08:55 |
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First Quantum Minerals Ltd (FM.TO), a member of the Dow Jones Africa Titans 50 Index, said on Tuesday its shareholders voted in favor of a five-for-one stock split.
The copper and gold miner operates mines in Mauritania and Zambia. It is also in the process of developing projects in Australia, Finland and Peru.
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Emerging Markets Business News
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Tuesday, 26 July 2011 10:16 |
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Tullow Oil plc announced that it has allotted 3,531,546 ordinary shares of 10p each in the capital of Tullow (Shares), which rank pari passu with the existing Shares in issue, pursuant to the offer for subscription of up to 4,000,000 Shares (the Offer) in connection with Tullow's secondary listing on the Ghana Stock Exchange (GSE).
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Emerging Markets Business News
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Sunday, 24 July 2011 13:04 |
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WASHINGTON - The Board of the World Bank approved the third series of the West Africa Agricultural Productivity Program to include these six countries with a total financing of US$83.3 million. Liberia's component of this funding includes a US$6 million credit, and an additional US$8 million grant from the Japan Policy and Human Resources Development (PHRD) Technical Assistance (TA) Program to support the Rice Research and Productivity Development Program.
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Emerging Markets News
