Deals

IBL of Mauritius on Prowl for Acquisitions on African Mainland

  • Continent is ‘rife with potential,’ the conglomerate says
  • Company looking for healthcare, retail opportunities
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Mauritian conglomerate IBL Ltd. is looking to expand African operations past a handful of Indian Ocean island nations into countries such as the Ivory Coast.

“Africa is closest to us geographically and we believe it is a continent rife with potential,” he said.