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Why Africa’s Richest Man, Aliko Dangote Interested To Buy Arsenal F.C

Aliko Dangote

You might think that Africa’s richest man, would be satisfied with his investments. But Nigerian cement tycoon Aliko Dangote, who is worth almost $13 billion (£10bn) according to Forbes, has one ambition that remains unfulfilled—to buy English Premier League club Arsenal. Check also: Aliko Dangote Begins To Construct A $1 Billion Cement Plant In Nigeria Dangote, 59, and an ardent Arsenal fan, has ...

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Total SA Could Become A Major Player In Ugandan Oil

uganda total sa

The Ugandan government in late August awarded oil production licenses to Total SA(NYSE:TOT), which should allow the company to begin activities required for future production. Total has made East Africa a primary focus for production growth, largely because of the immense Ugandan reserves. Here’s why Total seems so intent on beginning production activities and how this factors into its overall growth ...

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Volkswagen To Start Producing Cars In Kenya Again After 40 Years

volkswagen

Volkswagen will resume producing cars in Kenya by the end of the year as it looks to sell more vehicles across the East African region. Check also: BMW In Plans To Expand To 7 Other African Countries After a four decade pause in production by the German carmaker in Kenya, VW will establish an assembly plant to initially produce its Vivo ...

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India’s Richest Man, Mukesh Ambani Offers Free 4GB oF Internet To 1 Billion People

Ambani

India’s richest man is rolling out a $20 billion mobile network that could bring lightning-fast Internet to hundreds of millions of people. Indian consumers are already celebrating the arrival of Mukesh Ambani ’s new Reliance Jio service, seizing on the billionaire’s promise to deliver rock bottom prices and download speeds that will enable streaming video. Check also: The Youngest Billionaire In ...

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Stay Off Our Second Continent, Africa, China Tells Japan

China president

After drawing a red line for Japan in the South China Sea last June, China is now telling Japan to stay off its second continent, Africa. Ideologically that is. Check also: Angola, Japan To Build The 1st Africa-South America Undersea Fiber Optic Cable In a recent statement, following the Tokyo International Conference on African Development (TICAD) held in Kenya, the Chinese Ministry of Foreign Affairs accused Japan of “attempting to ...

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