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Day: May 2, 2023

Paying Salaries After June is Uncertain, According to Obaseki.
Local

Paying Salaries After June is Uncertain, According to Obaseki.

The governor of Edo State, Mr. Godwin Obaseki, stated on Monday that the federal government might not be able to…

byayotilewaMay 2, 2023May 2, 2023
Aviation Unions Call off Strike.
Local

Aviation Unions Call off Strike.

Following a meeting with Ministry of Aviation representatives, aviation unions have decided to call off their planned strike. The decision…

byakintundeMay 2, 2023May 2, 2023
IMF: Political Unrest may Cost Nigeria and others $10 billion.
Local

IMF: Political Unrest may Cost Nigeria and others $10 billion.

According to the International Monetary Fund, geopolitical concerns might cause Nigeria to lose as much as $10 billion in foreign…

byakintundeMay 2, 2023May 2, 2023
Samsung Acquires 20% stake in Meridiam.
Local

Samsung Acquires 20% stake in Meridiam.

Samsung Life Insurance purchased a 20% share in Meridiam, according to an announcement made on April 24 by Meridiam. Meridiam…

byakintundeMay 2, 2023May 2, 2023
Prosper Africa Supports Co-investments in Kenya’s Apparel Industry.
AfricaBusiness

Prosper Africa Supports Co-investments in Kenya’s Apparel Industry.

Leading companies and investors were gathered in New York City by the U.S. Government’s Prosper Africa project and Embassy in…

byakintundeMay 2, 2023May 2, 2023
XRP and Bunratty Plan Roll Up Strategy for Africa’s Healthcare Market.
AfricaHealth

XRP and Bunratty Plan Roll Up Strategy for Africa’s Healthcare Market.

By pursuing mergers and acquisitions of small and medium-sized private healthcare enterprises that are in line with its strategic vision…

byakintundeMay 2, 2023May 2, 2023
Vantage Sells Majority Stake in Dynamic Bedding.
Business

Vantage Sells Majority Stake in Dynamic Bedding.

The largest mezzanine loan fund manager in Africa, Vantage Capital, has completely sold its interest in Dynamic Bedding, a well-known…

byakintundeMay 2, 2023May 2, 2023
Rohatyn Group makes Investment in Printing and Packaging Firm.
Business

Rohatyn Group makes Investment in Printing and Packaging Firm.

The Rohatyn Group (“TRG”), a specialized global asset management company with a focus on real assets and investment solutions in…

byakintundeMay 2, 2023May 2, 2023
TPG-backed Healthcare Group Secures Financing from IFC.
AfricaBusinessHealth

TPG-backed Healthcare Group Secures Financing from IFC.

On April 25, 2023, in Nairobi, Kenya—IFC announced an investment in Kenyan healthcare provider Avenue Group Limited. The funding will…

byakintundeMay 2, 2023May 2, 2023
Amethis Holds First Close for Africa Europe Expansion Fund.
Business

Amethis Holds First Close for Africa Europe Expansion Fund.

Amethis – a partner member of Edmond de Rothschild Private Equity – is a leading player in private equity dedicated…

byakintundeMay 2, 2023May 2, 2023
Convergence Adds Specialist FinTech Group to Latest Fund’s Portfolio.
Business

Convergence Adds Specialist FinTech Group to Latest Fund’s Portfolio.

42Markets, a financial and capital markets fintech investment group, has secured $10 million in growth funding from Convergence Partners to…

byakintundeMay 2, 2023May 2, 2023

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