Africa News
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International Breweries Plc rose to a record after SABMiller Plc was said to have invested in the Nigerian beermaker, boosting outlook for revenue.
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New Foodcorp Holdings (Pty) Ltd.’s offer to redeem its remaining debt to meet the terms of a takeover of the South African food company is too low and won’t be taken up by most bondholders, according to Jyske Bank A/S.
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Nigerian troops mounted air and ground attacks on camps used by the militant Islamist Boko Haram group in the northeast, destroying anti-aircraft and anti-tank weapons, a military spokesman said.
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Gold bears are dominant again after prices resumed their slump and billionaire George Soros joined investors selling holdings in exchange-traded products that have retreated to a two-year low.
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