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Friday, May 3, 2024

TERACO DATA ENVIRONMENTS – A DIGITAL REALTY COMPANY

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Transaction brings global strategic partner for further expansionCurrent investors and management remain committed shareholders Teraco Data Environments, Africa’s leading carrier-neutral data centre and interconnection solutions provider,...

Ocean on 76 Collective acquires experiential marketing specialists, Digiworx

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The Ocean on 76 Collective, led by Founder and CEO Prins Mhlanga, has announced the acquisition of Digiworx, an experiential marketing company. The Ocean...

Algeria’s Richest Man Issad Rebrab Acquires Newspaper Publisher

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Issad Rebrab, Algeria’s richest man, has reportedly acquired El Khabar media group, one of the country’s largest media conglomerates, for $45 million. El Khabar media...

AB InBev Plans $55 Billion Bond Sale to Fund SABMiller Deal

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Anheuser-Busch InBev NV is planning to sell bonds worth as much as $55 billion to finance its $106 billion takeover of SABMiller Plc, setting...

The Future of SABMiller as Carlos Brito Prepares to Takeover

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In the future, staff at SABMiller are going to reflect on the pre-AB Inbev years as nice while they lasted. Hard core capitalism is...

Egyptian Tycoon Naguib Sawiris Makes $100 Million From Sale Of Mining...

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Egyptian billionaire Naguib Sawiris has reportedly sold a 44% stake he owns in Ariab Mining Company to the Government of Sudan for $100 million. According...

Carlyle Group And TPG Capital Make $100 Million Bid For Kenyan...

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Two of America’s largest private equity firms, Carlyle Group and TPG Capital, are looking to acquire Kenyan coffee chain Java House is a deal...

West African Billionaire Mike Adenuga Offers Ivorian Mobile Phone Company $600...

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Nigerian billionaire Mike Adenuga has made a bid to buy Ivorian mobile telecoms operator Comium Cote d’Ivoire. According to news website Telegeography, Globacom, a Nigerian...

Beer giants SABMiller and AB InBev Agree Takeover Terms

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The world's two biggest beer producers are set to merge after SABMiller accepted an increased takeover offer from rival Anheuser-Busch InBev. SABMiller said it had...

Alibaba Announces a $3.7 billion deal with ‘China’s YouTube’

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The deal announced on Friday will give the e-commerce giant access to more than half a billion online video users, accelerating its push into...
kardashian Trust

The Kardashian Trust has reportedly bought a $12 million mansion in...

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The Kardashian trust representing the world-famous reality TV family has decided to splash out on the seven-bedroom, 11,000-square-foot property in La Quinta's Madison Club. ...
East Meets West: A Q&A With CcHub's Bosun Tijani On Acquisition Of iHub

East Meets West: A Q&A With CcHub’s Bosun Tijani On Acquisition...

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Within Africa’s tech scene, there’s a continuous thread of competition which flows between East and West Africa. In fintech, a number of players including...

Amazon to buy Whole Foods for $13.7 billion

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Amazon's paying $13.7 billion for the grocery chain, which now operates some 465 stores across the U.S. Starting out as a online book seller, Amazon...

AB InBev and SABMiller officially agree on $71 billion mega-merger deal

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Anheuser-Busch InBev has agreed the terms of its £71bn takeover of rival SABMiller, in a deal that will combine the world's two largest beer...

Zimbabwean Billionaire Strive Masiyiwa Acquires Stake In IFlix

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Kwese, the pay-Tv company founded by Zimbabwean billionaire Strive Masiyiwa, has acquired a significant stake in iflix Africa, a subscription based video-on-demand service provider...

Promoting a Growth Mindset Culture: Nurturing Learning Agility in South African...

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Promoting a Growth Mindset Culture: Nurturing Learning Agility in South African Workplaces By Sayeeda Nabi - Student Accounts Manager at Regent Business School Highlighting challenges and...