Nigeria Infrastructure Views

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Dangote Registers 41% Profit Rise

Nigeria-based Dangote Cement registered a 40.6% year-on-year (y-o-y) rise in pre-tax profit to NGN190.8bn (US$1.1bn) in 2013, owing to an increase in its Nigeria sales volume to 13.3mn tonnes.

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US Pledges Funds To Power Africa

The announcement of a new initiative by US President Barack Obama to improve electricity infrastructure in Africa through a number of US funding vehicles indicates a shift in strategy toward the...

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