Guinea, Togo Join as Shareholders in Africa Finance Corporation

Guinea, Togo Join as Shareholders in Africa Finance Corporation

LAGOS, Nigeria–(BUSINESS WIRE/AETOSWire)— Africa Finance Corporation, the leading infrastructure solutions provider in Africa, has onboarded the Central Bank of Guinea and the Togolese Republic as its newest shareholders, cementing AFC’s pan-African representation. One of AFC’s first Member States in 2008, the Corporation has invested approximately US$300 million to spur employment opportunities and sustainable economic development from Guinea’s vast mineral resources. Developments co-financed by AFC include the high-grade bauxite Alufer Mine in 2017, which marked one of the largest foreign investments in the west African country since the 2014 Ebola crisis,…

KPMG in Saudi Arabia Converts from Partnership to Joint Stock Company

كي بي إم جي أول شركة مهنية بالمملكة  السعودية  

KPMG in Saudi Arabia Converts from Partnership to Joint Stock Company The transition will enable KPMG to allow new stream of shareholding from investors, which could be from other professions than the service lines. KPMG is the first professional services firm obtaining such permission in Saudi Arabia, from the Ministry of Commerce. KPMG, the leading provider of audit, tax and advisory services in Saudi Arabia, announced that it had obtained official approval from the Saudi Ministry of Commerce to transition from a professional partnership to a closed joint stock company…