Kansai Plascon Africa Limited, a subsidiary of Kansai Paint Co, announced on 7 February, a binding agreement for the acquisition of 100 per cent of Sadolin Paints’ operations in Kenya, Uganda, Tanzania, Zanzibar, and Burundi
Business
Banking transition towards digital
In an exclusive interview with managing director and regional executive for the groups CESA region Samuel Adjei, African Review learned in its December issue how the launch of a new cache of digital mechanisms underpins a wider plan to spark greater financial synergies across East Africa
AfDB backs phase two of Egypt energy programme
The African Development Bank (AfDB) yesterday signed a US$500mn loan agreement to support Egypts Economic Governance and Energy Support Programme Phase II
Brexit agenda 'will not keep Africa in the dark'
Britains Brexit decision does not mean the country will shun relations with Africa but reassurances are needed to forge sustainable economic partnerships, a prominent Labour politician has claimed
Strong results boost SafariCom prospects in Kenyan 4G market
Safaricom has posted a healthy performance in its H1FY17 results, with a 111.6 per cent year-on-year increase in free cash flow