Posts Tagged ‘Africa’

BRICS bank to lend RM3b to South Africa’s Eskom

JOHANNESBURG • The New Development Bank (NBD) plans to lend as much as US$780 million (RM3.17 billion) to Eskom Holdings SOC Ltd for infrastructure ...

An Africa invisible to Blackstone is winning back investors

The region experienced growth in inflows of FDI last year, thanks to a revival of interest in South Africa and a more stable environment in Egypt
...

High stakes for friends and foes as Congo heads to polls

NAIROBI • From the countries who share the Democratic Republic of Congo’s (DRC) vast border — some of which stirred its devastating conflicts — to ...

Airtel to delay IPO of RM33.4b Africa business

By BLOOMBERG
MUMBAI • Bharti Airtel Ltd, India’s second-biggest wireless carrier, is delaying a planned initial public offering (IPO) of its Africa ...

Exxon exploration chief eyes Africa for elephant oil find

By BLOOMBERG
HOUSTON • Exxon Mobil Corp is targeting western and southern Africa for the world’s next big oil bonanza as the explorer scours the globe ...

UPS expands UPS My Choice ® service in Asia to facilitate intensifying e-commerce demand

UPS introduces UPS My Choice in Asia Pacific, Africa, the Indian Sub- continent, Caribbean and Central and South America, Middle East, and Oceania, marking ...

UN: World hunger levels rise for 3rd year

By REUTERS / Pic By BLOOMBERG
Rome • World hunger rose in 2017 for a third consecutive year, fuelled by conflict and climate change, the United Nations ...

China’s Xi looks to Africa to counter criticism of aid efforts

His speech today to a forum will stress the importance of consultation and taking African countries’ needs into account
by BLOOMBERG BEIJING • ...

IHS delays IPO valuing towers firm at RM40b

Johannesburg • IHS Towers Ltd has postponed an initial public offering (IPO) that would have valued the company at as much as US$10 billion (RM40.3 ...

Thailand’s Minor to bid for all of Spain’s NH Hotel Group

By BLOOMBERG
MADRID • Thailand’s Minor International pcl said it would bid to acquire all of NH Hotel Group SA after agreeing to buy HNA Group Co’s ...

South Africa plans return to Islamic market to plug budget gap

JOHANNESBURG • South Africa’s debut sale of Islamic bonds had investors clamouring for four times the amount offered.
The government is hoping for ...

Wakanda’s prosperity isn’t so far-fetched for Africa

By NOAH SMITH
Moviegoers have been going crazy over “Black Panther”, the new Marvel comic book superhero film. In addition to being a fun romp, the ...