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Business
RedCloud Technologies and Paystack Join Forces to Enhance B2B Digital Payments in…
RedCloud Technologies, a leading open commerce platform provider, has entered into a strategic partnership with…
Namibia Infrastructure Development Fund Invests in Lightstruck Holdings to Expand…
The Namibia Infrastructure Development and Investment Fund (NIDIF), managed by Eos Capital, has made a significant…
Cipla Quality Chemicals Sees Investor Interest Amidst Takeover Approval
The recent approval of the takeover of Cipla Quality Chemicals Ltd by the Common Market for Eastern and Southern…
Meta to Land Two Submarine Cables in Nigeria to Boost Digital Infrastructure
Summary:Meta is set to deploy two submarine cables in Nigeria, with one landing in Lagos and the other in Akwa…
Nigerian Firm X-agon Digital Launches AnyworkX, an E-Service Ordering App, Aiming…
X-agon Digital Solutions Limited, an indigenous Nigerian firm, has unveiled AnyworkX, an e-service ordering app…
London-based Fintech Due Network Expands to Nigeria, Targeting Cross-Border…
Due Network, a global fintech company based in London, has expanded its operations to Nigeria, aiming to tap into…
New E-Dividend Portal in Nigeria to Be Operational by November 30, 2023, Says SEC
The Securities and Exchange Commission (SEC) in Nigeria has announced that the new e-dividend portal is expected…
Mini-Grid Leader Husk Power Systems Secures $43M in Equity Investment for…
Husk Power Systems, a leader in mini-grid solutions, has secured a $43 million equity investment from STOA, DFC,…
Green Climate Fund Approves $50M Equity Investment in REPP 2 to Boost Renewable…
The Green Climate Fund (GCF) has approved a $50 million equity investment in REPP 2, a new debt fund aimed at…
CSquared Link Holdings Secures $25M Investment to Expand Broadband Infrastructure…
CSquared Link Holdings, a pan-African technology company focused on digitally connecting Africa through…
Carbon Value Exchange (Cavex) Secures Seed Funding Led by E3 Capital to Scale its…
Carbon Value Exchange (Cavex) has successfully closed its seed funding round, led by E3 Capital and with…
Goodwell Investments Leads $8.5M Series B Round for Zambian Social Enterprise Good…
Impact investor Goodwell Investments, in collaboration with Oikocredit and Global Partnerships/Eleos Social…
Emerging Africa Infrastructure Fund, PIDG, and Ninety One Commit $31 Million to…
The Emerging Africa Infrastructure Fund (EAIF), along with infrastructure development organization Private…
China-Nigeria Bilateral Trade Volume Reaches $17.25 Billion in First Three…
The Consul General of China in Lagos, Yan Yuging, has revealed that the bilateral trade volume between China and…
British International Investment (BII) to Sell 10.13% Stake in I&M Group to…
UK development finance institution British International Investment (BII) has entered into an agreement to sell…
01 Advisors Raises $395M for Series B-Stage Startups: A Shift in Venture Focus
01 Advisors, founded by former Twitter CEO Dick Costolo and COO Adam Bain, along with Facebook veteran David…
Inspired Evolution Fund, FMO, and STOA Acquire 75% Stake in Red Rocket Group
Inspired Evolution’s Evolution III Fund, in collaboration with Dutch Development Bank FMO and STOA Infra and…
Rivian Shows Promising Q3 Results: Revenue Surges, Losses Narrow
Rivian, the electric vehicle (EV) manufacturer, has released its third-quarter results, showcasing significant…
Total Energies’ Dividends Surge as Earnings and Cash Flow Strengthen
Total Energies Plc, a downstream firm, has demonstrated a robust dividend payout trend since 2006, with a…
Dangote Cement Offers Series 10 and 11 of Commercial Papers in N300bn Issuance…
Dangote Cement, a prominent Sub-Saharan Africa cement producer, has launched series 10 and 11 of its Commercial…
Novatek Dismisses US Sanctions on Arctic LNG 2, Calls it a Bid to Inflate Gas…
Russian gas giant Novatek has brushed aside recent US sanctions against its Arctic LNG 2 project, characterizing…
FTX Founder Sam Bankman-Fried Convicted: What Happens Next?
FTX founder Sam Bankman-Fried has been convicted of orchestrating a multibillion-dollar fraud on the…
WeWork on the Brink of Chapter 11 Bankruptcy Filing
WeWork, the once high-flying flexible workspace provider, is reportedly on the verge of filing for Chapter 11…
Raxio Data Centres Secures $46 Million in Equity Funding to Fuel Expansion in…
Raxio Data Centres, a leading provider of carrier-neutral data centres in Africa, has secured an additional $46…
EBRD Considers Investment in SPE Capital’s New North Africa Fund
The European Bank for Reconstruction and Development (EBRD) is contemplating an equity investment of USD 40…
Gulf Capital Successfully Exits iSON Xperiences, Marking a Milestone in Growth
Gulf Capital, a prominent private equity firm operating in Asia and the GCC, has announced its successful exit…
RMB Corvest and Shalamuka Capital Acquire Stake in VoIP Telecom Provider Switch…
Private equity firm RMB Corvest, in collaboration with BEE investment vehicle Shalamuka Capital, has completed…
Surge in LNG Imports Expected for Northwest Europe in November
As the heating season commences, northwest Europe anticipates a substantial increase in LNG (Liquefied Natural…
Apex Group Expands African Footprint with Acquisition of BCI and BIP in South…
Global financial services provider, Apex Group, has successfully acquired Boutique Collective Investments (BCI)…
Verod Capital and AfricInvest Acquire Majority Stake in iSON Xperiences
Private equity firms Verod Capital and AfricInvest have jointly acquired a majority stake in iSON Xperiences, a…