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US Development Institution Targets Credit at “Unbanked” Nigerians

US Development Institution Targets Credit at “Unbanked” Nigerians

The US development institution, the Overseas Private Investment Corporation (OPIC), is supporting the work of two United States firms who won a bid to recapitalise and restructure the Union Bank of…

September 23, 2011No CommentRead More

Kenya: Centum Registers 110 Per Cent Profit Before Tax

Kenya: Centum Registers 110 Per Cent Profit Before Tax

Centum Investment Company Limited has reported a profit of 110 percent before tax to $ 25.29 million for the year ended March 2011 and declared a 1 for 10 bonus…

June 8, 2011No CommentRead More

Special Effects Company Sells for £119 Million to Barclays Private Equity

Special Effects Company Sells for £119 Million to Barclays Private Equity

The Carlyle Group have sold The Mill, a special effects company, to Barclays Private Equity for £119 million. The transaction closed on 18th April 2011. The Mill creates video content…

April 20, 2011No CommentRead More

Facebook worth US$60 Billion in Employee Share Sale

Market and analyst opinion has raged in recent months over the true value for Facebook. Possibilities range between $120 billion and $10 billion.  Goldman Sachs recently invested $1.5 billion in…

February 11, 2011No CommentRead More