Local Everstrong Capital acquires majority stake in Kenyan tower company Feb 7, 2022 0 American private equity fund Everstrong Capital has bought a majority stake in SealTowers Limited.…
Local NBK Capital chooses Moove for fund manager’s first Africa investment Feb 7, 2022 0 African mobility fintech and Uber’s vehicle supply partner, Moove has secured a $10 million financing facility with…
Local New Fintech Fund for Africa announced by KIFC Feb 7, 2022 0 The Kigali International Financial Centre has launched a $50 million first and only Fintech-focused Africa Fund.…
Local Nigerian Stock Exchange Will Set Up Technology Board To Attract Start Up Feb 7, 2022 0 The Nigerian Exchange Limited (NGX) says it will set up a technology board to attract more listing from the tech…
Local Explosion: No fears on Nigeria’s oil output Feb 7, 2022 0 Oil and gas experts in the sector have allayed fears suggesting that the country may not meet its production output…
Africa Ethiopia Shields M-Pesa From Licence Freeze Feb 7, 2022 0 The suspension of bidding for a second telecoms operator permit in Ethiopia will not derail the introduction M-Pesa…
Local CIIN Assures NCRIB Of Partnership On Driving Compulsory Insurances Feb 7, 2022 0 The Chartered Insurance Institute of Nigeria (CIIN) has assured the Nigerian Council of Registered Insurance…
Local Affirma And StonePine Back Egypt’s Nerhadou International Feb 7, 2022 0 Affirma Capital and StonePine ACE Partners Limited have entered an agreement to jointly invest $20 million for…
Local Brimore’s Series A Backed By New And Returning Investors Feb 7, 2022 0 The Egyptian social e-commerce market will be worth over $14.8 billion by 2024. The opportunity in the market can…
Local Seplat, Sahara Group, others bid to buy Shell’s joint venture assets in Nigeria Feb 7, 2022 0 Four indigenous oil and gas firms have indicated an interest in the acquisition of Shell Petroleum Development…
Local Ezdehar’s Second Fund Blasts Past Goals For First Close Feb 7, 2022 0 TLcom Capital, the Africa-focused venture capital firm known to have made bets on Andela and Twiga, is raising $150…
Africa Money Manager Takes Control Of Impact Investor ResponsAbility Feb 7, 2022 0 M&G is acquiring a majority stake in impact investing firm responsAbility Investments, M&G said Thursday in…
Africa Metier And Catalyst Combine To Boost Pan-African Reach Feb 7, 2022 0 South Africa's Metier Private Equity plans to merge with Catalyst Principal Partners, a Kenya-based manager. Both…
World Apple To Unveil Low Cost 5G IPhone March Feb 7, 2022 0 Apple Inc is targeting a date on or near March 8 to unveil a low-cost 5G iPhone and an updated iPad. According to…
Africa Dangote Become The 91st Richest Man In The World Feb 7, 2022 0 Aliko Dangote, Africa’s richest man in the last 8 hours has raked in N217.5 billion($523M) jumping to become the…
Local Nigeria: 200 Unemployed Graduates Received Training In Modern Agriculture From… Feb 7, 2022 0 The Federal College of Agriculture, Akure, Ondo State, has trained 200 unemployed graduates and youths in modern…
Local Nigeria External Reserves Slides To Four Months Low At $39.98bn Feb 7, 2022 0 The external reserves have fallen below the $40bn mark to the lowest point in over three months, figures from the…
Local Aviation unions vow to ground flights February 8 over minimum wage, others Feb 4, 2022 0 Nigeria’s four major aviation unions on Wednesday vowed to ground activities in the sector from Tuesday, February…
Local FG Pays Fuel Transporters N22.7bn Bridging Claims Feb 4, 2022 0 The Nigerian Midstream and Downstream Petroleum Regulatory Authority have said the FG has paid bridging claims…
Local Coca-Cola HBC unveils sustainability challenge for startups Feb 4, 2022 0 The Coca-Cola Hellenic Bottling Company has unveiled its Global Sustainability Challenge as part of efforts to…
Local Reps panel accuses developers of duping subscribers, flouting regulations Feb 4, 2022 0 An ad hoc committee set up by the House of Representatives to investigate estate developers in the Federal Capital…
Local NIN-SIM linkage: Security agencies get Buhari’s nod to access subscribers’ details Feb 4, 2022 0 President Buhari approved some security agencies to access the database of the National Identity Management…
Local Saudi Arabia deepens 5G infrastructure for pilgrims Feb 4, 2022 0 Saudi Arabia sets to improve communication services for the yearly pilgrimage and promise the best tech experience…
Local Poor welfare’: Nigeria Aviation unions to embark on strike Feb 8 Feb 4, 2022 0 Aviation workers have notified airlines of their withdrawal of air travel services from February 8 in protest…
Local ICRC: FG to earn N50bn from Onitsha River Port concession Feb 4, 2022 0 The Infrastructure Concession Regulatory Commission (ICRC) says the federal government will generate over N50…
Local Akinwumi Adesina: Technology has improved food security, transparency in use of… Feb 4, 2022 0 The African Development Bank President Akinwumi Adesina says the emergence of technology has brought transparency…
World Mark Zuckerberg Lost $29 Billion After Facebook Users Reduce For The First Time Feb 4, 2022 0 Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc's stock marked a record one-day…
Africa Meta Loses Over $200 Billion In Value Feb 4, 2022 0 Facebook sees first-ever drop in daily active users as owner Meta takes $200bn share hit Facebook’s parent firm…
Local Nigeria: House Of Rep Ad-Hoc Committee Is Set To Transfer Assets Of Defunct NNPC Feb 4, 2022 0 Kingsley Chima, chairman, house of representatives ad-hoc committee, says the committee is working to finalise the…
World Qualcomm CEO Says Metaverse Is Beyond Social Media Feb 4, 2022 0 Qualcomm CEO Cristiano Amon told CNBC’s Jim Cramer on Thursday that the chipmaker views the so-called metaverse as…