Enko Capital Managers (“ECM”), management fund of Enko Africa Private Equity Fund (“EAPEF”), announces on January 22, 2022 its exit from Law Union Rock Insurance (LUR), a Nigerian company listed on the Lagos Stock Exchange ( NSE). EAPEF’s holdings were sold to the Nigerian fund Verod Capital through its Kanuri LUR vehicle. Verod thus acquired…...
Trending
- Ivorian Gervais Atta elected President of the SADC Business Council, with the support of the Malagasy employers’ organization
- Senegal: Orabank opens a premium agency in Almadies to attract high-end clientele
- Niger: AfDB grants a $144 million loan to strengthen access to energy and economic competitiveness
- Air transport: IATA sets course for annual growth of 4.1% by 2044 in Africa
- Tanzania bans foreigners from accessing a series of functions
- Nigeria: NEM Insurance crosses the billion-dollar mark in assets in the first half of 2025
- Egypt launches a strategic textile project in the Suez Canal Economic Zone
- Gewan Africa for the revival of Air Guinea
Cyril Nkontchou’s Enko fund sells its stake in the Nigerian Law Union Rock Insurance
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com