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Infrastructure 
Benya to sell equity stake in USD 150 mn private placement
IT infrastructure contractor Benya Group is looking to raise USD 150 mn via a private placement before the end of…
Beltone gives its suitors the nod to conduct due diligence ahead of potential acquisition
Beltone Financial has given the go-ahead to a consortium of investors to conduct due diligence after it submitted an offer…
Could this be the end of SPACs?
Could this be the end of SPACs? After a pandemic-driven frenzy in companies going public through special purpose acquisition companies…
Markets shrug after OPEC ups oil supply increases + the US turns to foes for oil
Oil producers to temporarily up supply: OPEC+ has agreed to boost oil production in July and August by 650k barrels…
Is Beltone in play?
An investor alliance led by WM Consultancy has submitted a non-binding offer to buy a majority stake in Beltone Financial,…
THIS MORNING: FAB isn’ t looking to buy Banque Misr or United Bank
Good morning, friends. We hope your week is off to a great start. THE BIG STORY here at home: Our…
Lekela could be about to get Egyptian + Emirati owners
Infinity + Masdar to take majority stake in Lekela? Renewable energy player Infinity and Emirati firm Masdar are close to…
New pan-African oil giant in town as Tullow, Capricorn merge
Tullow and Capricorn in big oil merger: UK-listed energy firm Tullow Oil is merging with Capricorn Energy — formerly Cairn…
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