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Day: November 29, 2021

Adenia And Proparco Acquire Moroccan Catering Service Provider
AfricaBusiness

Adenia And Proparco Acquire Moroccan Catering Service Provider

Adenia Partners, one of the oldest Africa-focused private equity firms that has hit the road to raise its next fund,…

byakintundeNovember 29, 2021
Fintech Crossfin Sold In R1.5-Billion Deal
AfricaInvesting

Fintech Crossfin Sold In R1.5-Billion Deal

Crossfin Technology Holdings, a South African fintech investment firm, has been acquired by a consortium of investors, including Patrice Motsepe’s…

byakintundeNovember 29, 2021
African Capital Alliance Provides Equity Portion Of WIOCC’s Capital Raise
AfricaInvesting

African Capital Alliance Provides Equity Portion Of WIOCC’s Capital Raise

WIOCC Holding Company Ltd has raised $200 million in debt and equity capital to expand digital connectivity within Africa and…

byakintundeNovember 29, 2021
Stocks Evergrande Shares Fall After Chairman Cuts Stake; Fantasia Suspends Trading
BusinessWorld

Stocks Evergrande Shares Fall After Chairman Cuts Stake; Fantasia Suspends Trading

Shares in China Evergrande Group fell as much as 4.8% on Monday morning, after its chairman trimmed his stake in…

byakintundeNovember 29, 2021
UK Regulator Set To Block Meta’s Giphy Deal
BusinessInvestingTechnologyWorld

UK Regulator Set To Block Meta’s Giphy Deal

The UK competition regulator is expected to block Meta Platforms’ acquisition of online GIF platform Giphy in the coming days,…

byakintundeNovember 29, 2021
U.S. Commerce Chief To Make Pitch For Chips Funding In Michigan
TechnologyWorld

U.S. Commerce Chief To Make Pitch For Chips Funding In Michigan

U.S. Commerce Secretary Gina Raimondo will on Monday make a pitch in Michigan for Congress to approve $52 billion to…

byakintundeNovember 29, 2021
Currency In Circulation Rose By 4.58% To N2.97tn In October – CBN
BankingLocal

Currency In Circulation Rose By 4.58% To N2.97tn In October – CBN

The Central Bank of Nigeria (CBN) says the currency in circulation rose by 4.58% from N2.84tn in September to N2.97tn…

byakintundeNovember 29, 2021
We’ve Carried Out Due Diligence In Honeywell Acquisition – Flour Mills
InvestingLocalMarket

We’ve Carried Out Due Diligence In Honeywell Acquisition – Flour Mills

Flour Mills of Nigeria Plc (’FMN”) has assured its stakeholders that the recent announcement by the Group to assume majority…

byakintundeNovember 29, 2021
FG May Extend 2021 Budget Implementation To Next Year
Local

FG May Extend 2021 Budget Implementation To Next Year

The Federal Government may extend the implementation of capital projects components in the 2021 Appropriation Act till next year following…

byakintundeNovember 29, 2021

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