After the international public call for expressions of interest launched on 18 January 2018, in order to recruit a port operator for the concession of the container terminal of the Port of Douala, located in the Cameroonian economic capital, Cameroon comes Short-list four operators out of the 10 who applied.
Africa-focused private capital investment firm, Helios Investment Partners has acquired Fertilizer and Inputs Holding from Louis Dreyfus Company, one of the world’s largest commodity traders. According to The Financial Times, people familiar with the deal value the transaction at being around $200 million, split equally between debt and equity.
In apparent show of confidence, some foreign investors have bought 2.3 per cent stake in Dangote Cement Plc for N86.1 billion ($236 million). The sale involved 416 million shares that was consummated in six off market deals on the Nigerian Stock Exchange (NSE) on Tuesday. This is the third time foreign investors are buying into Dangote Cement, where Africa’s richest man, Aliko Dangote, has a controlling stake.