Nigerian drinks company Chi Ltd is exploring options including a potential sale that could value it at as much as $1 billion, according to sources familiar with the matter.
A sale of Chi, part of the unlisted conglomerate TGI Group, would be the latest investment opportunity in Africa’s burgeoning food and drink sector for multi-nationals seeking to cash in on the continent’s emerging middle class […]
The Central Bank Governors in the Economic Community of West African States, ECOWAS, have accepted a proposal to shift the full implementation of the sub-regional monetary integration project till 2020.
The proposal was made by the ECOWAS Heads of State and Government.
The confirmation of the decision is expected to be made public at the end of the West African Monetary Zone, WAMZ, meeting holding in Abuja […]