{"id":463456,"date":"2018-11-21T12:36:43","date_gmt":"2018-11-21T12:36:43","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=463456"},"modified":"2018-11-21T12:36:43","modified_gmt":"2018-11-21T12:36:43","slug":"wendel-and-ihs-unlocked-in-nigeria","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/11\/21\/wendel-and-ihs-unlocked-in-nigeria\/","title":{"rendered":"Wendel and IHS unlocked in Nigeria"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The investment firm Wendel announced Wednesday evening that all the accounts of IHS, a telecom infrastructure company that represents one of Wendel&#8217;s main holdings in the unlisted, were now released.<\/p>\n<p>&#8220;As of 14 November 2018, all IHS banks in Nigeria have cleared blocked accounts as a result of the &#8216;post-debit&#8217; measures sent by the EFCC (Economic and Financial Crime Commission). IHS, no formal allegation or investigation has been notified to it in the context of EFCC requests, &#8220;adds Wendel.<br \/>\nIHS had seen its accounts frozen at the end of 2017 on order of the EFCC. Wendel had nonetheless indicated in September that the Nigerian authority had released part of the sums. After reaching $ 196.5 million at the end of June 2018, the aggregate balance of frozen accounts fell to about $ 83.9 million on August 20, specified the French company in margin of its results of the first semester.<br \/>\nThis procedure notably delayed the IPO project of IHS and weighed on the Wendel share since the beginning of the year.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The investment firm Wendel announced Wednesday evening that all the accounts of IHS, a telecom infrastructure company that represents one of Wendel&#8217;s main holdings in the unlisted, were now released. &#8220;As of 14 November 2018, all IHS banks in Nigeria have cleared blocked accounts as a result of the &#8216;post-debit&#8217; measures sent by the EFCC<\/p>\n","protected":false},"author":527180,"featured_media":463459,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12030],"tags":[15627,38,13036],"class_list":{"0":"post-463456","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-private-equity-en","8":"tag-ihs","9":"tag-nigeria","10":"tag-wendel-en","11":"post_format-post-format-aside","12":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Wendel and IHS unlocked in Nigeria - Financial Afrik<\/title>\n<meta name=\"description\" content=\"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, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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