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Standard Bank has named Marcel Mballa-Ekobena as its new head of equity research for the East African region. Mballa-Ekobena was previously portfolio officer with the International Finance Corporation (IFC),

Deal making in Africa’s private equity market has exhibited strong recovery in the first half of 2011, as investors put capital to work. At least 12 deals were revealed

Private equity investors are understood to be circling a stake in an African Eagle’s Zambian Copper Company, as it seeks pre- initial public offering (IPO) financing. African Eagle’s is

Kuwait-based investment company, North Africa Holding Company (NorAH),has acquired a minority stake in the Moroccan housing developer Dar Saada Company (DSC)for an estimated $137 million . The acquisition is

Sub-Saharan Africa mergers and acquisitions deals reached a record $44 billion in 2010, about twice the transactions recorded the previous year, according to Thomson Reuters data. Telecommunications is the

Netherlands-based brewer Heineken has acquired controlling stakes in five Nigerian breweries in a bid to expand is footprint in the burgeoning country. Heineken acquired the stakes from Sona Group

Africa Renewables (AfriRen), the newly-formed UK-based biomass producer has committed $16million to Ghana Rubber Estates, as part of a long-term commercial agreement between the two entities. The investment will

Canada-based Westward Explorations has entered into a letter of intent to acquire all of  Sky Alliance Resources Guinee SA shares from its parent company Sky Alliance Resources Inc

France Telecom has bought 40% Moroccan mobile operator, Meditel, for €640m ($840m). Meditel is owned by CDG, which is backed by the Moroccan government and FinanceCom, a private holding