Daily Archives: Jun 29, 2026
VimpelCom To Pull Out Of Sub-Saharan Africa And Intensify Presence In...
NYSE-listed telecom group with operations in Russia, Italy, and other markets, VimpelCom, is selling two of its sub-Saharan assets and making an allowance for purchasing a Pakistani mobile operator.
The telecom group is believed to have sold its units in Burundi and the Central African Republic for USD 100 million...
The Abraaj Group Withdraws Investment In HFC
The Abraaj Group announced the successful withdrawal of its investments in Ghana based HFC Bank. The group sold its stake in HFC to an independent Caribbean bank, Republic Bank Limited, popularly known as RepBank.
The Abraaj Group is a leading investor operating in the growth markets of Asia, MENA, Turkey...
Estee Lauder Eyes Buoyant Cosmetics Is Set To Fulfill Its Product...
Estee Lauder is set to introduce Clinique, its second biggest brand, in Nigeria this year and also in Mozambique in the near future. Clinique has sales over one Billion USD.
The company had launched MAC makeup in Lagos Nigeria in February this year after being   "overwhelmed" with requests and will...