
Dangote Eyes Egypt In Pan-African Industrial Push
Dangote Group is exploring industrial investments in Egypt as the conglomerate deepens its pan-African manufacturing footprint beyond a dozen countries.
19 results for “expansion”

Dangote Group is exploring industrial investments in Egypt as the conglomerate deepens its pan-African manufacturing footprint beyond a dozen countries.

The Chicago purchasing managers' barometer fell to 55.3 in October from 58.8, still in expansion but below expectations of 56.1.

US GDP grew at a 3.4% annual rate in the third quarter, with investment strengthening while weaker exports restrained the expansion.

The Central Bank of Nigeria's Composite Purchasing Managers' Index rose to 53.0 in September from 52.7 in August, marking the fourth consecutive month of expansion, while the household expectations survey showed consumer sentiment worsening to minus 18.7 points.

The Nigerian agricultural exporter's commercial paper offer was oversubscribed by 46.7 per cent, with proceeds earmarked for cocoa procurement and expansion, underlining deep investor appetite for food and agribusiness paper.

Nigeria has presented a plan to expand tree crop plantations by one million hectares to European investors in Brussels, positioning cocoa and other tree crops as an investment frontier while rehearsing compliance with the EU's deforestation regulation.

Newly released first-quarter data show gross job creation weakening much more than job destruction increased.

Stronger cash generation funded expansion and distributions as the group shifted from year-end net debt to a positive net-cash position.

Eggs and feed products drove a larger revenue base, while debt and deposits for shares supported an expanded agricultural asset portfolio.
The development bank plans a major expansion of industrial finance, but capital, governance and bankable projects will determine success.
MobiBank has added a strategic partner and minority shareholder in Nigeria, its first African implementation market, while naming ten priority markets and confirming the group keeps technology, brand and control.
The SEC-led Nigerian Capital Market Masterplan 2.0 targets expansion from about N250 trillion to N750 trillion by 2036, with a National Savings Scheme and a trillion market ambition unveiled in Abuja.
Renda has raised $1.9 million in pre-seed funding to expand its operations, according to BusinessDay, in a round that adds to recent venture deal flow in Nigeria's technology and services market.
TotalEnergies EP Nigeria has taken two gas investment decisions in just over a year, tying the Ubeta and Ima projects to Nigeria LNG expansion.
Nigerian electric mobility company MAX has extended its Series B3 round to $29 million after an investment from US climate fintech Nithio, funding expansion of electric vehicle financing and battery swapping across West and Central Africa.
Zenith Bank has consolidated its entry into East Africa's largest market after completing the full acquisition of Kenya's Paramount Bank, part of a wider expansion that also took the Nigerian lender into Côte d'Ivoire during the first half of 2026.
Sunbeth Global Concepts plans to raise up to N150 billion under a N500 billion commercial paper programme to fund cocoa purchases and a processing expansion.
Nigeria-founded fintech Yellow Card has launched in Canada weeks after closing a $40 million funding round, as it pivots from consumer crypto trading to business-to-business stablecoin payments across emerging markets.
The proposal centres on training and deploying more National Youth Service Corps members to farms, giving young graduates direct...