Canadian mining group Barrick Gold has confirmed that it has been in discussions to sell a 74 per cent stake in African Barrick Gold to a Chinese company
Business
Leaders attend China-Africa summit
The fifth Forum on China-Africa Cooperation (FOCAC), which was attended by six African heads of state, has concluded in Beijing, China
New mining fund committed to investing in Africa soon
The second New Africa Mining Fund (NAMF II) has said it will make its first investment in the African mining sector within three months
Swedish funds found for African online film distributor
Online distributor of African movies, Iroko Partners, has received US$2 million funding from a Swedish firm, which it has said it will use to take its service to cable and satellite TV partners in the US and Europe
Equity firm invests in East Africa’s largest shopping destination
Private equity firm Actis has confirmed that its next real estate investment will be in Garden City, a 32-acre development off Nairobis Thika Highway