Category archives for: Investing

French pharmaceutical firm expands to Africa

Pascal Brière, President of Biogaran. Photo ©Biogaran

From OKORO CHINEDU in Lagos, Nigeria LAGOS, (CAJ News) – BIOGARAN, a French pharmaceutical company, has acquired Swipha, a Nigerian company that manufactures and distributes pharmaceutical products. This is seen as an important step forward in the internationalisation of the French company. Biogaran’s international expansion strategy is to create synergies by bringing its expertise and […]

Sanlam expands East Africa footprint with Kenya acquisition

Sanlam East Africa

By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – THE South African-headquartered Sanlam Group has announced the acquisition of a major stake in PineBridge Investments East Africa Limited (PIEAL) in Kenya. An agreement has been reached between the subsidiary Sanlam Emerging Markets (SEM), with PineBridge Investments, a leading global multi-asset class asset manager. The transaction is subject […]

Satellite deal expands content across Africa

SENTECH

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – SENTECH, a leading broadcasting signal distributor in Africa, has extended and expanded its relationship with Intelsat to bolster delivery of media services in sub-Saharan Africa. Intelsat is the operator of the world’s first Globalized Network, powered by its leading satellite backbone. Sentech has been leveraging Ku-band services from […]

Nigeria’s Dangote looks to increase cement exports

Dangote cement exports

OKORO CHINEDU LAGOS, (CAJ News) – NIGERIA has attained self-sufficiency in the production of cement and is now an exporter of the commodity. This has been attributed to the vast investments by the Dangote Cement Group Minister for Solid Minerals Development, Dr Kayode Fayemi, who led a team of the federal government to the Dangote […]

French funding aids Eskom’s investments in power grid

Eskom

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – ESKOM and the French Agency for Development have signed a R6 billion (€400 million) multi-tranche framework agreement to support Eskom investments in the extension and reinforcement of its power transmission grid. Eskom Chief Financial Officer, Anoj Singh, says the multi-tranche loan facility will contribute towards Eskom plans to […]

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