Financing Strategies

South Africa-based IT and telecoms infrastructure firm Allied Technologies (Altech) may be considering buying Kenyan IT firm Symphony in a deal believed to be about US$50-60mn, according... 2011-11-02

CFW View: Mitsubishi's move to acquire a 10% stake in Block LB-10 offshore Liberia follows a similar acquisition in neighbouring Sierra Leone. We expect the Japanese company to expand... 2011-10-25

Senegal's President Abdoulaye Wade, revealed a proposal on October 20 2011 that will ensure the government has at least a 35% share in all telecoms companies operating in the country.... 2011-10-24

Egypt's first licensing round since the fall of Hosni Mubarak could help boost reserves and allow the government to reach its ambitious target of 20bn barrels of oil equivalent (boe)... 2011-10-21

MTN Group, Africa's largest mobile phone company, intends to buy Vodacom Group's mobile operations in the Democratic Republic of Congo (DRC), reports Bloomberg. Although both companies... 2011-10-19

CFW View: The announcement of a domestic US$4.6bn bond issue to finance the development of the South Pars gas field is unlikely to succeed. As foreign investors continue to exit (or... 2011-10-18

Qtel Group's CEO, Nasser Marafih, revealed to regional business daily Arabia Business that the company has no plans for acquisitions in the near term, but will focus on developing broadband... 2011-10-17

Ophir is paying a steep premium of 62% for Dominion Petroleum. Nevertheless, we see the takeover as a very positive first step following Ophir's July IPO. Dominion's frontier East Africa-focused... 2011-10-13

Hitachi Data Systems (HDS), a wholly owned subsidiary of Japanese IT and consumer electronics firm Hitachi Ltd, announced on October 10 2011 that it plans to acquire South Africa-based... 2011-10-11

Zambia's new president, Michael Sata, who took office in late September 2011, has started implementing some pre-election campaign promises, including investigating the sale of government... 2011-10-07