South Africa’s Aspen gets $30 mln Grant from Bill Gates Foundation to make Vaccines.
Aspen Pharmacare (APNJ.J) has wrapped up pacts to secure funding of $30 million from the Gates Foundation and the Coalition…
Day: December 12, 2022
Super Central Bank Week Pressures Crypto Market.
Following its last six significant rate increases in 2022, the US Federal Open Market Committee (FOMC) declared that it would…
Beyond Capital Ventures Declares Groundbreaking Final Close of Venture Fund
On April 30, 2021, Beyond Capital Ventures was established with the goal of making investments in early-stage businesses in India…
TLG Plans Venture Debt Deals in Future Africa’s Portfolio.
A $25 million venture debt fund designated for portfolio companies is being launched by Future Africa, a venture capital firm…
Mobility Fintech, Moove, Raises $30mln from Debut Sukuk for UAE Expansion.
In order to fund the construction of the largest EV ride-hailing fleet in the MENA region, Moove, the first mobility…
DPI and Fireball Back Ukheshe’s African expansion Plans.
In order to close the financial inclusion gap, Ukheshe International provides embedded finance to businesses in the African fintech ecosystem.…
UN Sec-Gen Urges Nigeria to Investigate Mass Abortion Report.
According to U.N. Spokesman Stephane Dujarric, United Nations Secretary-General Antonio Guterres urged Nigerian authorities to look into claims of widespread…
Exxon Completes the $407 million Sale of its Operations in Chad and Cameroon.
Exxon Mobil Corp. (XOM. N) completed the sale of its operations in Central Africa’s Chad and Cameroon to London-listed company…
Nigeria will get New Helicopters, Drones, and Attack Aircraft.
According to Chief of Air Staff Marshal Amao, Nigeria anticipates receiving 54 new air assets, including attack helicopters, aircraft, and…
Microsoft Plans to Acquire a 4% Stake in the London Stock Exchange.
In exchange for a 10-year contract to move the data platform of the exchange operator to the cloud, Microsoft (MSFT.…
British Economy Recovers from Royal Funeral Blow.
The British economy recovered from the one-time public holiday marking Queen Elizabeth’s funeral in September a little more strongly than…
Emefiele: Banks and CBN to Support Over N500 Billion in Nigerian Exports.
In an effort to increase non-oil export revenues, the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, stated that…
Poor Nigerians are the Target of the New Cash Withdrawal Policy, Says PDP.
According to the Peoples Democratic Party, the Central Bank of Nigeria’s new cash withdrawal policy was designed with low-income citizens…
Net Worth of Abdul Samad Increases by $7.3 billion.
Due to the successful performance of his publicly traded assets on the Nigerian Exchange, Abdul Samad Rabiu, Chairman of BUA…
Dollar Rises as Inflation Pressures Persist.
Dollar increased, suggesting that inflationary pressures have persisted and that the Federal Reserve may decide to keep interest rates higher…
Cost of Living Crisis: As Food Prices Soar, Families Skip Meals.
Nigeria’s annual inflation continued its seven-month climb in September, rising to 20. 77 per cent, marginally up from 20. 54…