IFC weighs $25 million financing for Edita’s Iraq expansion

IFC considers $25 million financing for Edita’s Iraq expansion, backing capacity growth, upgrades, and regional ambitions beyond Egypt.

Feyisayo Ajayi July 7, 2026

Richard Okello, co-founder of Sango Capital

Business Hot News

Sango Capital takes over management of $460 million African fund portfolios

Sango Capital takes charge of $460 million African fund portfolios, expanding its role in private equity and investment management.

Timilehin Adejumobi July 7, 2026

Hot News Business

Senegal’s Sangomar oil field pumps nearly 18 million barrels in first half as expansion plans advance

Senegal’s Sangomar field delivered nearly 18 million barrels in the first half of the year as Woodside Energy plans to expand production.

Omokolade Ajayi July 7, 2026

Business Hot News

Eni awards TechnipFMC major contract for Ivory Coast offshore expansion

Eni awarded Altera Infrastructure a major FPSO contract to expand Ivory Coast's $4 billion Baleine oil field, boosting offshore oil and gas production.

Oluwatosin Alao July 7, 2026

Billionaires Business Hot News

Nigerian billionaire Tony Elumelu retires as UBA chairman, capping a 21-year run that built a $24.5 billion banking giant

Tony Elumelu retires as UBA Chairman after a 21-year tenure, building a banking giant with $24.5 billion in assets. Emmanuel Nnorom takes over.

Omokolade Ajayi July 7, 2026

Tag: Abu Dhabi

ADNOC Distribution expands in Africa with $1 billion Shell South Africa deal

IFC weighs $25 million financing for Edita’s Iraq expansion

Sango Capital takes over management of $460 million African fund portfolios

Senegal’s Sangomar oil field pumps nearly 18 million barrels in first half as expansion plans advance

Eni awards TechnipFMC major contract for Ivory Coast offshore expansion

Nigerian billionaire Tony Elumelu retires as UBA chairman, capping a 21-year run that built a $24.5 billion banking giant

IFC weighs $25 million financing for Edita’s Iraq expansion

Sango Capital takes over management of $460 million African fund portfolios

Senegal’s Sangomar oil field pumps nearly 18 million barrels in first half as expansion plans advance

IFC weighs $25 million financing for Edita’s Iraq expansion

Sango Capital takes over management of $460 million African fund portfolios

Senegal’s Sangomar oil field pumps nearly 18 million barrels in first half as expansion plans advance

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