The South African owner of Amarula and Viceroy brands is now the majority owner of Kenya Wine Agencies Ltd (Kwal) after buying out investment firm Centum in a deal estimated at Sh1 billion. [...]
Transaction allows company to increase share to 25% conditional on A2X securing its exchange license, Johannesburg-based Business Day reports, citing statement from African Rainbow Capital. * A2X [...]
Enko Capital Management LLP is starting a $200 million bond fund that will focus on African sovereign and corporate debt to provide investors with yields higher than those available in developed [...]
French company’s unit, Brookside Holdings, seeking Tanzania’s Fair Competition Commission approval to own 100% of Brookside Dairy Tanzania, Nairobi-based newspaper reports, citing notice from [...]
CDC, the UK’s development finance institution, and AgDevCo, a social impact investor targeting sub-Saharan Africa, have invested $11.5m in Jacoma Estates Group to expand its Malawian farming [...]
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