SocGen to sell two African businesses to Vista Group

[ad_1] People walk past a logo of French bank Societe Generale in front of the company’s skyscraper at the financial and business district of La Defense near Paris, France September…

Gabon seeks to preempt $1.3 bln sale of Carlyle’s oil business -sources

[ad_1] LONDON, Nov 29 (Reuters) – Gabon’s national oil firm is seeking to use its right of first refusal to acquire Carlyle’s (CG.O) Assala Energy after the private equity giant…

Ivory Coast cocoa farmgate price up in new season, Ghana’s flat

[ad_1] Ghana, Ivory Coast produce 60 pct of world’s cocoa Countries moving towards harmonising prices (Combines Ivory Coast, Ghana, adds farmer reaction) By Ange Aboa and Kwasi Kpodo ABIDJAN/ACCRA, Oct…

CAB Payments pledges to hit revised target after stock plunge -investor

[ad_1] CAB plans January trading update -investor CAB has been “reaching out” to investors -source “We recognise that this is going to take time” -CAB LONDON, Nov 16 (Reuters) –…

SAS secures $505 million financing to aid restructuring

[ad_1] The tail fin of a parked Scandinavian Airlines (SAS) airplane is seen on the tarmac at Copenhagen Airport Kastrup in Copenhagen, Denmark, July 3, 2022. REUTERS/Andrew Kelly/File Photo Acquire…

North Africa will be Italy’s key gas supplier for years, Eni top executive says

[ad_1] [1/3]The sign of Italian energy Eni company is seen while cars fill tanks at a gas station of Egyptian International Gas Technology “Gastec” in the Red Sea resort of…

Nestle ramps up Nigeria raw material sourcing as forex squeeze bites

[ad_1] Nestle ramps up sourcing in Nigeria, other African countries Nigeria last week allowed naira currency to drop as much as 36% Nestle has given local suppliers letters of intent…

As Nigeria scraps fuel subsidy, a vibrant black market collapses

[ad_1] [1/5]Yaouba Ahmadou, in white dress, a semi-wholesaler of Nigeria’s contraband fuel speaks with his workers in Garoua, Cameroon June 21, 2023. REUTERS/Desire Danga Essigue Smuggled Nigerian fuel widely traded…

SocGen pares back Africa businesses in first move by new CEO

[ad_1] Signed agreements to sell activities in four countries New CEO Krupa has pledged to better allocate bank’s capital Move comes ahead of investor day in Sept. PARIS, June 8…

Saudi to make new voluntary cuts as part of OPEC+ deal – source

[ad_1] LONDON, June 4 (Reuters) – Saudi Arabia will make new voluntary cuts as part of an OPEC+ deal, an OPEC+ source told Reuters on Sunday. Two other OPEC+ sources…