Lonrho is a pan-African company with a diverse portfolio of investments focusing on Africa. Its investments range from primary infrastructure to transportation, support services, hotels and natural resources. The Company is focused on servicing Western investment and African business by investing in emerging sectors across Africa, creating hubs of business through key investments. Lonrho is re-establishing a significant presence on the African Continent through strategic investments across sectors in fast-growing African economies.
03/04/12
This is the first easyHotel the Africa-focused conglomerate is opening under its exclusive franchise agreement with Sir Stelios Haji-Ioannou's easyGroup. By 2016 there should be 50 across the continent.
27/07/11
Today’s deal to expand its budget hotel business, under the easyHotel umbrella, is the latest in a series of new developments that are expected to push the African conglomerate through an exciting period of growth. Here we speak to chief executive Geoffrey White about the group's ambitious plans.
25/07/11
This morning Lonrho unveiled an agreement to supply African hake fillets to Wal-Mart from October onwards. Panmure Gordon’s Damian NcNeela reckons the significant deal could spark a series of contracts between the African conglomerate and the world’s largest retailer.
20/07/11
This morning’s deal is the acquisitive conglomerate’s latest add-on within its agriculture business, following on from last month’s acquisition of South African fish processing and cold store business, fish-on-line. Panmure Gordon analyst Damian McNeela reckons this latest addition is an excellent fit with Lonrho's existing Rollex distribution business.
11/02/11
The diversified African business is set for further growth after it agreed a deal to buy secure accommodation firm AFEX Group for US$8 million. Panmure Gordon analyst Damian McNeela reckons the new unit will complement Lonrho’s Kwikbuild business and the infrastructure division will be more competitive when tendering for larger contracts in Sub Saharan Africa.
21/01/11
The United Nations believes that Africa’s growing agricultural capacity will have a big role to play as the world’s food supply struggles to keep pace with burgeoning population growth. Analysts at City broker Panmure Gordon reckon Lonrho, with its huge agribusiness, could be a major beneficiary of the continent’s emergence as a major force in farming.
30/12/10
David Lenigas is a serial entrepreneur and director of no fewer than six AIM-listed companies. Proactive Investors got the Australian entrepreneur’s thoughts on a busy 2010 and his predictions for next year.
05/02/10
The pan-African investor said it is set to meet its ambitiout targets for the full year as its operations continue to make progress across the continent.
10/11/09
Lonrho PLC expects to see strong progress in the first quarter of the 2010 financial year after each of its core businesses continued to perform to expectations in the fourth quarter.
23/10/09
Lonrho was reinvented from a standing start in 2006, and in three years has developed a business that operates in five sectors across seventeen countries in Africa.
06/08/07
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