Wednesday, June 3, 2020
A private Jet owned by Femi Otedola, chairman, Forte Oil

Government Scrutiny, Recession Reduce Private Charter Jets by 46%

NAOMI NDUBUEZE Government inspection of the aviation sector and the current poor economic situation have forced down the number of private jets operating in Nigeria...
Vicampro potato farm in Jos, Nigeria

Private Equity Investors Sign $45million MoU For French Fries Processing Plants In Nigeria

Vicampro Farms has signed a US$45 million MoU with   BlackPace B.V and Kiremko B.V. to establish the biggest potato and French fries processing farm...
ogaVenue

OgaVenue Targets $20Bn Nigerian Events Market With New Investment

ogaVenue, a Lagos-based online events venue booking platform, on  18 August,  announced that it has secured a $45,000 seed investment from Spark and Hotels.ng....
Luanda, Angola

McKinsey’s Latest Report On Africa-China Economic Partnership Challenges Previous Beliefs

China is Africa’s largest economic partner. Yet it has been a challenge to understand the full extent of the partnership due to a dearth...
Olusegun Paul Andrew, executive chairman BlackPace Africa

Plateau, BlackPace Sign $65m MOU To Increase Potato Production

BlackPace Africa, an Africa focused investment management and advisory firm and the Plateau State Government have signed a Memorandum of Understanding (MoU) towards a...

Dangote Signs $2 billion Loan Deal with Industrial Commercial Bank of China

Africa’s richest man, Aliko Dangote has signed a $2 billion loan deal with the Industrial Commercial Bank of China Limited to build two more...
Andrew, chairman, Cros Agro

Cros Agro Invests in Potato, Coffee, Ginger Farms in Kaduna

Cros Agro Allied Ltd, a BlackPace company is making huge strategic investment in potato, oil palm, cocoa and ginger production to create employment opportunities...
Eleme Indorama Petrochemicals Company Limited

Eleme Petrochemicals Has A $2.2 Billion Expansion Plan

Eleme Indorama Petrochemicals Company Limited plans an expansion of $2.2bn to become the largest Petrochemicals hub in Africa by 2020, its Managing Director, Manish...
L-R: Akin Esho, Ezekiel Adamu with Goke Obembe

Balmoral Exploits $40 billion Nigerian Drinks Industry

All is set for the first ever International Drinks Festival in Nigeria organized by the Balmoral at the Federal Palace Hotel, Victoria Island, Lagos....
Oando Plc

HV Investments Make $210 Million Investment in Oando Downstream

Oando PLC is spinning off its downstream businesses into an independent entity following a $210 million investment from HV Investments II B.V., (“HVI”), a...
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