Company News

The shareholders of Lafarge Africa Plc on Monday, approved the merger with United Cement Company of Nigeria Limited (Unicem), and Atlas Cement Company Limited (Atlas). The Board of Directors of Lafarge Africa received shareholders endorsement at a court ordered meeting in Lagos.

The bid floated for the construction of Nyala Insurance Company's headquarters was overwhelmed with Chinese companies.

Nigerian firm, Niger Delta Exploration and Production Company (NDEPC) and NILEPET Joint Venture have been mandated to construct a 5,000 barrels per day capacity diesel refinery for South Sudan.The refinery is to meet the country’s 15 per cent diesel consumption per day.

One of the largest fishing companies in Namibia, Erongo Marine Enterprises (EME), on Saturday night launched the 'Erongo Harambee Trust', a vehicle for ensuring that its 250 workers acquired a N$4,4 million share in the business.

The Zimbabwe Energy Regulatory Authority (ZERA) has granted Zimbabwe Power Company licence for its $140 million Gwanda solar plant project, which will have capacity to produce 100 megawatts, paving the way for the start of plant construction works.

Just a month ago, the Amharic daily Addis Zemen published a news story, which carried public complaints on claims of possible environmental pollution due to ‘liquid waste’ released from Heineken Breweries Share Company’s largest beer plant located at Kilinto.

Independent Power Producer, Uhuru Energy, has secured $51 million from a Chinese State-owned firm for the first phase of its $300 million solar photovoltaic project.

THE country's largest telecoms network operator Econet Wireless Zimbabwe Tuesday launched a new mobile money product 'Swipe into Ecocash', which will enable bank card holders to easily convert moneys in their accounts into Ecocash.

Koforidua, Oct. 22, GNA - Newmont Akyem Mines is to spend $ 6 million this year to acquire goods and services in the Birim North District where the mine operates.