Diageo Plc has agreed to sell its 80.4% stake in Guinness Ghana Breweries Ltd. to Castel Group. The deal was priced at 5.15 cedis per share...
Microsoft Corp. is in discussions to acquire the U.S arm of ByteDance Ltd.’s popular video-sharing app TikTok, Donald Trump confirmed Monday night. The revelation comes amid...
Oando PLC, Africa’s leading indigenous energy solutions provider, has secured the operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin. This achievement follows a competitive...
Chinese officials consider Elon Musk a potential buyer for TikTok’s US operations if the company fails to fend off the ban. According to sources familiar with...
Getty Images and Shutterstock combined forces to build one dominant company in the photo market in a deal estimated at $3.7 billion. Getty Images has offered...
The Federal Government has approved the purchase of Shell Plc’s onshore assets in Nigeria to a group of local companies for $1.3 billion. Nigeria, Africa’s largest...
Access Bank, the banking subsidiary of Access Holdings, has entered into a binding agreement with South Africa-based Bidvest Group Limited to acquire a 100% equity stake...
A Norwegian oil and gas company, Equinor (EQNR.OL) has finally exited Nigeria after selling its assets. According to reports, the company concluded the sale of its...
Access Holdings Plc has continued its expansion plans with the acquisition of a majority equity stake in Afrasia Bank Limited, the Republic of Mauritius’ fourth-largest bank...
The Flour Mills of Nigeria Plc (FMN) has perfected plans to buy out minority shareholders to focus on strengthening its position as the future of African...