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By THE AFRICA BAZAAR Staff Writer 2014 Private equity firm The Abraaj Group said Monday it has exited its investment in Fibrex, an Angolan plastic-pipes manufacturer. This is the firm’s first exit deal in Angola. Abraaj invested in Fibrex in…

The non-life and life businesses grew by 32 percent and 11 percent respectively, year-on-year.

By THE AFRICA BAZAAR Staff Writer At least 10 people were killed in a small coastal town of Poromoko, Kenya on Tuesday in a new attack by armed gunmen. Al-Shabaab, an Al-Qaeda-linked group, claims responsibility and said the attack is…

THE AFRICA BAZAAR Staff Writer August 2014 South Africa-based coal producer Exxaro said Monday it has entered into an agreement with Total, S.A. to acquire 100 percent of Total Coal South Africa Proprietary Limited and its related export marketing rights…