Interswitch Group announced yesterday via LinkedIn that it had acquired majority stakeholding in eClat Healthcare Limited.
South African company, Momentum Metropolitan Holdings, has exited the Nigerian market by selling off its subsidiary in Nigeria as the National Insurance Commission (NAICOM)
American electronics manufacturing firm, GatesAir has concluded its partnership deal with a Nigerian company, Pinnacle Communications to penetrate the Nigerian digital TV market.
Kuda, a FinTech modelled after the operations of a digital bank has just raised the sum of $1.6 million for the purpose of deepening its inclusion and maintaining the operation of its virtual branches
In order to boost fertilizer value chain in Nigeria and Tanzania, the AfDB and AFAP, have both inked a deal valued at $5.4 million.
@Lafarge_Africa has concluded the transaction for the divestment of Lafarge South Africa Holdings. The decision to offload the South African subsidiary was approved last month by shareholders.
the Nigerian National Petroleum Corporation (@NNPCgroup) has secured a $3.15 billion Financial and Technical Services deal from Sterling Oil Exploration and Energy Production Company Limited (SEEPCO).
@pepsi has acquired Pioneer Foods Group Limited, the company that owns Nigerian bread brand, @ButterfieldBake. The deal is the first major international purchase under @pepsi's new Chief Executive Officer, Ramon Laguarta.
@FidsonHealthPLC has entered into a strategic partnership with Japan's Ohara Pharmaceutical that will see the latter's stake in the Nigerian company increase.
This report summarises some of the corporate deals that were announced in the second quarter of 2019.
@vfdgroup may take a key stake in Abbey Mortgage Bank Plc, through a private placement. Shareholders of the bank gave approval at its AGM held this week.
@VFDGroup has announced it will be exiting from automobile dealership company, Germaine Auto Center (GAC). The development is contained in a press statement sent to Nairametrics.
The management rights of Abraaj Private Equity Fund IV (APEF IV) and Abraaj Africa Fund III (AAF III) has been taken over by @ActisLLP, in a bid to steady the ships after months of investor confrontation and criminal charges against the firms senior executives.
Green Energy International Limited (GEIL) has concluded a $350 million deal for the second phase development of the Otakikpo marginal field.
@Groupe_Renault plans to re-enter the Nigerian car market, and to ease its entry, the company has signed an agreement with Coscharis. Find out why this may not be a very good development for @innosonvehicles.
@weare54gene, has secured $4.5 million seed during a fundraising from private equity firms. The company has been conducting diagnosis and medical treatment of Africans.
Student Accommod8, (@SAccommod8) Nigeria’s leading developer, owner, and manager of high-quality and Purpose-Built Student Accommodation (PBSA), has raised an undisclosed amount of debt funding from the Nigeria Infrastructure Debt Fund (NIDF).
C & I Leasing Plc, a leading indigenous leasing and business service conglomerate, has announced its readiness to extend its business frontiers to offshore asset operation and maintenance.
Nigeria's Rungas Industries partners with Egyptian firm in a $30 million gas deal.
Prudent Energy Services Limited, the new majority shareholder of Forte Oil Plc, is set to acquire fresh N22 billion worth of shares of the company.
Egyptian vehicle hailing company, @swvlapp, has announced it will be making an inroad into Nigeria's ridesharing market to offer services that the likes of @Uber and @Boltapp_ng are yet to offer Nigerians, but it will meet a fierce challenge from yellow (commercial) bus operators.