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Mergers & Acquisitions
Ionic Rare Earths increases stake in Makuutu project to 94%, says deal will ease financing negotiations
Mine expected to start production in first quarter next year, albeit small scale and for potential customers and off-takers
December 12, 2023
Food & Beverage
Mergers & Acquisitions
8 Miles sells Biyinzika Poultry to investor consortium as it winds down operations
8 Miles, the UK-based fund, has sold its entire stake in Biyinzika Poultry International Ltd to a consortium that includes an American company and a regional industry executive
November 30, 2023
Companies
Mergers & Acquisitions
Quality Chemical Industries gets new owner as Cipla exits
Africa Capitalworks SSA 3, an investment vehicle based in Mauritius, is the new majority shareholder of the pharmaceutical company
November 18, 2023
Companies
Mergers & Acquisitions
Uganda’s Sarrai buys Hima Cement from Swiss Holcim Group
Sarrai Group and another Ugandan company will own 100 per cent of Hima Cement and its Rwandan subsidiary once the transaction closes
November 16, 2023
Companies
Mergers & Acquisitions
Olea Insurance expands into Uganda with Ballpark Insurance Group stake
Deal to buy Ugandan firm is latest move by French insurance broker to expand its African footprint, which now spans 25 countries
November 8, 2023
Economy
Mergers & Acquisitions
Investment survey ranks Uganda among top ten sub-Saharan prospects
Uganda is among the top ten countries in sub-Saharan Africa where companies are looking to invest or expand over the next few years
October 23, 2023
Companies
Mergers & Acquisitions
Seacom acquires Africell assets to expand enterprise business
Seacom on Thursday announced that it is acquiring certain infrastructure assets from the defunct telecom operator Africell Uganda Limited
February 10, 2022
Companies
Mergers & Acquisitions
Nakumatt in partnership talks with rival Tuskys – reports
Nakumatt, the troubled Kenyan supermarket chain, is in talks with Tuskys, another Kenyan retailer, to allow Nakumatt restock its supermarkets and return to stability
September 18, 2017
Companies
Mergers & Acquisitions
Sadolin rebrands as Plascon after Kansai Paint acquisition
Kansai Paint acquired Sadolin's operations in Uganda and other East African countries through its South African subsidiary, Kansai Plascon Africa Ltd
August 10, 2017
Markets
Mergers & Acquisitions
Dfcu has a new majority shareholder after South Africa-based Arise takes stake
Arise B.V., an investment company based in Cape Town, has acquired a majority stake in dfcu Limited, the holding company of dfcu Bank.
April 19, 2017
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