Blog entries from: The Africa Chronicles

1 to 10 of 90

October 20 2014

From The Africa Chronicles Mon Oct 20 2014, 16:08:00

Africa's wealthiest man, Aliko Dangote, has promised to assist Liberia as the West African country fights against the spread of the Ebola virus.

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October 16 2014

From The Africa Chronicles Thu Oct 16 2014, 17:58:00

Sierra Leone's horrific Ebola outbreak is having a devastating effect on the country's economy and crippling its ambitious entrepreneurs

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From The Africa Chronicles Thu Oct 16 2014, 17:07:00

Nigerian banker Tony O. Elumelu has floated the Elumelu Nigeria Empowerment Fund, a $9 million fund to empower and support residents of distressed communities across Nigeria.

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October 9 2014

From The Africa Chronicles Thu Oct 9 2014, 13:51:00

Oil giant Royal Dutch Shell has agreed to sell a prolific Nigerian oil block, Oil Mining License 29, and an associated pipeline, for $2.5 billion to a consortium led by Taleveras Group, an oil trading firm founded and owned by a 39 year-old Nigerian multi-millionaire Igho Sanomi

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From The Africa Chronicles Thu Oct 9 2014, 11:19:00

Angola's largest commercial bank, Banco BIC, which is 42.5% controlled by Africa's richest woman, Isabel dos Santos, has rebeen granted a provisional license by the Central Bank of Namibia to launch a local subsidiary which would operate as a banking institution in the country and trade under the name, Bank BIC Namibia Limited.

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October 5 2014

From The Africa Chronicles Sun Oct 5 2014, 11:32:00

Nigerian billionaire Aliko Dangote has announced new plans to invest an undisclosed sum in the development of a major coal mine in Tanzania, even as he continues to expand his business interests across the continent.

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October 2 2014

From The Africa Chronicles Thu Oct 2 2014, 17:18:00

South African software multi-millionaire Mark Shuttleworth has reportedly been awarded R250 million ($22 million) - with interest, by South Africa's Supeme Court of Appeal after taking on South Africa's Reserve Bank, following a prolonged legal battle over an exchange control regulation that imposed a 10% exit levy on assets exported on emigration.

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October 1 2014

From The Africa Chronicles Wed Oct 1 2014, 15:10:00

Africa's richest woman, Isabel dos Santos, has increased her stake in Angolan Bank Banco BIC to 42.5%, according to Portuguese newspaper, Publico.

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From The Africa Chronicles Wed Oct 1 2014, 08:25:00

Jean-Claude Bastos De Morais, a success Swiss investor, is the founder of the African Innovation Foundation and the Innovation Prize of Africa

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From The Africa Chronicles Wed Oct 1 2014, 05:25:00

The Investment Corporation of Dubai (ICD), the sovereign wealth fund owned by the government of Dubai, United Arab Emirates, is exploring further investment opportunities in Africa in collaboration with Dangote Group, the Nigerian conglomerate owned by Africa's richest man, Aliko Dangote.

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