Infrastructure
African infrastructure news: ports, railways, roads, airports, power plants, telecoms networks, and major construction projects across the continent.
BP enters Namibia with 60% Walvis Basin stake
BP has agreed to acquire a 60% operating interest in three Walvis Basin exploration blocks in Namibia from Eco Atlantic…
MTN buys back its towers in $6.2bn deal
MTN Group agreed to acquire the 75% of IHS Towers it did not already own in an all-cash deal valuing…
Novastar closes $147m Africa fund with Japan capital
Novastar Ventures has closed its Africa People and Planet Fund III at $147 million with major Japanese institutional backers including…
DRC raises US copper sales fivefold to 500,000 tonnes
The DRC has raised planned copper sales to the US fivefold to 500,000 tonnes through state miner Gécamines and Mercuria…
