Ethiopia and Djibouti pipeline construction deal worth U.S.$2b signed
Ethiopia and Djibouti pipeline construction deal worth U.S.$2b has been signed a move that is expected to boost oil transportation between the two countries.
Unilever opens $1.5M Vaseline production factory in Kenya to meet skin care demands
Unilever has opened a new KES155 million (€1.3 million) factory in Kenya which will be focused on the production of its Vaseline products, as it looks to meet the growing demands in the region for quality skin care products.
Firm seeks to turn Virginia Airport in South Africa into housing construction
Seaworld Investment Holdings has sent a proposal to the eThekwini Municipality with the aim of turning Virginia Airport in South Africa into housing construction.
KKR to invest $100M in Africa over the next year and make Nigeria regional base
KKR & Co. L.P. might be turning to Africa as its next hotspot for private equity investments. As per Reuters, the company is expected to invest approximately $100 million in the continent over the next year.
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