Kenya's national security committee has approved plans for a security and surveillance system, clearing the way for a project worth 14.9 billion shillings ($170 million) to Safaricom, its chief executive said on Friday.
- Friday, 25 July 2014 14:07
- Wednesday, 25 June 2014 07:21
Power company Gigawatt Mozambique has secured the financing to build a 100 megawatt (MW) gas-fired power plant in the African country, which should be in operation late next year, one of its advisers said.
- Tuesday, 24 June 2014 14:57
Kenya Airways has picked chief operating officer Mbuvi Ngunze to be its new chief executive to replace Titus Naikuni who will retire at the end of this year, it said on Tuesday.
- Wednesday, 09 April 2014 10:20
- Byron Kaye and Maggie Lu Yueyang SYDNEY (Reuters)
South African retailer Woolworths Holdings Ltd is set to buy Australia's second-largest department store David Jones for $2 billion, trumping a merger proposal from Australian rival Myer Holdings Ltd with a hefty premium.
- Wednesday, 09 April 2014 08:56
Nigerian oil and gas firm Seplat has offered 26.4 percent of its shares in a combined market debut in Lagos and London that values the group at about $1.9 billion.
- Tuesday, 01 April 2014 06:32
Bob Diamond-backed investment company Atlas Mara, said it would acquire sub-Saharan African bank ABC Holdings Limited (BancABC) and ADC African Development Corporation AG, for up to $265 million in cash and shares.