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    Nigeria’s Dangote starts test run of $2 billion fertilizer plant

    Nigeria’s Dangote Group started a test run of a $2 billion fertilizer plant that will make Africa’s most populous country meet…

    Moody’s cuts South Africa’s 2020 GDP growth forecast to 0.7%

    Ratings agency Moody’s has cut its 2020 growth forecast for South Africa to 0.7% from a September forecast of 1.5%,…

    Billionaire Dangote plans big growth in African cement capacity

    Aliko Dangote, the richest person in Africa, is looking to expand cement capacity on the continent by 29% to 62…

    ArcelorMittal cuts steel demand forecast, targets asset sales

    The world’s biggest steelmaker ArcelorMittal cut its forecast for global steel demand, with a sharper reduction now envisaged in Europe…

    Old Mutual raises $320 million for Africa infrastructure deals

    Old Mutual Ltd. raised $320 million through its African Infrastructure Investment Managers fund to invest in transport, power and energy…

    Uganda plans $263 million vehicle plant with eye on region

    Uganda will invest $40 million in the first phase of a $263-million vehicle-assembly plant with the view of starting production…

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