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Newmont closes in on $10 billion acquisition of Goldcorp
January 15, 2019

Mining giants Newmont and Goldcorp have entered into an agreement that will result in the former acquiring all shares of the latter in a stock-for-stock transaction valued at $10 billion.

Per details of the deal, Newmont will acquire each Goldcorp share for 0.3280 of a Newmont share, which represents a 17% premium based on the companies’ 20-day volume weighted average share prices.

The transaction will merge two gold industry leaders into Newmont Goldcorp, creating an unmatched portfolio of operations, projects, exploration opportunities, reserves and people in the gold mining sector, the parties said in a statement on Monday.

Goldcorp President and CEO David Garofalo is hopeful that the combination would create the world’s premier gold company.

Newmont anticipated that the merged company would offer the highest yearly dividend among senior gold producers globally.

“We have a proven strategy and"...

January 15, 2019

“Algeria currently possesses 22,000 MW solar energy capacity of which 400 megawatts are already exploited, thanks to the President programme,” said, on Sunday in Bouira, Minister of Energy, Mustapha Gutouni, adding that the “maintenance of the equipment is ensured by Algerian engineers.”

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January 15, 2019

ALGIERS – Algeria cut its oil output by nearly 25,000 barrels per day from 1st January 2019 as part of the OPEC-non-OPEC agreement signed last December, said Monday Sonatrach’s vice-president for exploration and production Salah Mekmouche.

Before"...


January 15, 2019

Global provider of digital security Gemalto, in cooperation with local partner SCINTL, has been awarded the contract for the supply of a Border Management System (BMS) including airport self-service eKiosks at Entebbe, creating a faster and more convenient border-crossing experience for travelers and strengthening homeland security.

The said e-Immigration solution uses Gemalto’s state-of-the-art"...

January 15, 2019

The Ghana Stock Exchange (GSE) has announced that Aluworks Limited (ALW) and Cocoa Processing Company Limited (CPC) have been taken off the GSE’s “Watch List”.

The GSE further announces that the suspension in trading in the shares of CPC has been lifted with immediate effect.

1. Aluworks Limited (ALW)

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January 15, 2019

Vivo Energy Côte d'Ivoire, a company that sells and distributes Shell brand products in Côte d'Ivoire, has reinforced its presence in the Ivorian market with the opening of a new Shell station in TAABO.

The new Shell station has a few miles and eighty kilometers (187 km) from the capital of Abidjan. It has five (5) service positions, one (1) a washing bay, one lubrication bay and"...

January 15, 2019

Kampala-based off-grid solar company SolarNow has closed largest-yet receivables financing facility with SunFunder, Oikocredit and responsAbility

The $9m facility is SolarNow’s third structured asset finance instrument, known as SAFI, arranged by SunFunder. It will enable the company to deploy 17,500 new off-grid solar systems to customers in Uganda, along with a range of appliances.

SolarNow"...

January 15, 2019

ANNABA-The export activity of Annaba Port Company (EPA) has significantly increased compared to the previous year, the company said in an annual activity review.

According to the balance sheet, presented by a manager of the port, the total volume of exports made through the port of Annaba has increased by 19.96% passing 1.3"...

January 15, 2019
(AETOS Wire) -- NRF 2019: Retail’s Big Show – dunnhumby today introduced dunnhumby media, offering a unique combination of cross-channel media, data science and partnerships that connects retailers and brands to customers, from browsing to buying. dunnhumby media activates retailer data assets to engage consumers with personalized communications along the entire customer journey, wherever they are. Powered by dunnhumby’s customer data science, the media solution helps advertisers grow customer loyalty and enables retailers to monetize their owned media for measurable sales growth. “Data is fueling the new retail media ecosystem and has become one of the most valuable and critical business assets that helps connect in-store and online customer experiences and behaviors,” said Jérôme Cochet, Global Managing Director, Media for dunnhumby. “With dunnhumby media, retailers can leverage their rich data assets and owned media properties.......