Alibaba Announces a $3.7 billion deal with ‘China’s YouTube’
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...
Zimbabwean Billionaire Strive Masiyiwa Acquires Stake In IFlix
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...
Big first-time homebuyer blunders and how to avoid them
Big first-time homebuyer blunders and how to avoid themDespite slightly higher interest rates and consumer price hikes, the outlook for South Africa's housing market...
Sage Foundation partners with CARE International UK to provide international disaster...
Partnership will deliver cost-effective, impactful and swift crisis response globallyNewcastle, June 7, 2023 – Sage Foundation today announced a new partnership with CARE International UK, a global humanitarian...
Carlyle Group And TPG Capital Make $100 Million Bid For Kenyan...
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...
Egyptian Tycoon Naguib Sawiris Makes $100 Million From Sale Of Mining...
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...
TERACO DATA ENVIRONMENTS – A DIGITAL REALTY COMPANY
Transaction brings global strategic partner for further expansionCurrent investors and management remain committed shareholdersTeraco Data Environments, Africa’s leading carrier-neutral data centre and interconnection solutions provider,...
West African Billionaire Mike Adenuga Offers Ivorian Mobile Phone Company $600...
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...
Algeria’s Richest Man Issad Rebrab Acquires Newspaper Publisher
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...
Zimbabwe’s Richest Man Strive Masiyiwa To Buy Neotel For $430 Million
Liquid Telecom, a U.K-based broadband provider which is controlled by Strive Masiyiwa, Zimbabwe’s richest man, has agreed to acquire South African telecom operator Neotel...
Beer giants SABMiller and AB InBev Agree Takeover Terms
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...
Prince Alwaleed of Saudi Arabia Sells Stake In Mauritian Four Seasons...
Kingdom Hotel Investments, a subsidiary of Saudi billionaire Prince Alwaleed Bin Talal Alsaud’s Kingdom Holding, has sold off its 50% stake in Four Seasons...
Aliko Dangote To Acquire Automaker Peugeot Nigeria
Aliko Dangote, Africa’s richest man, has made a bid for a majority stake in automaker Peugeot Automobile Nigeria (PAN) Limited.Nasir El-Rufai, the Governor of...
Patrice Motsepe Acquires Stake In Sinayo Securities, a leading black-owned stock-brokering...
African Rainbow Capital (ARC), the investment vehicle founded by South African billionaire Patrice Motsepe, has reportedly acquired a 49% stake in Sinayo Securities, a...
Microsoft to Acquire LinkedIn for $26.2 Billion
The world of tech was rocked today when LinkedIn CEO, Jeff Weiner announced that they had brokered a $26.2 billion deal with Microsoft. Microsoft...
Fwd: Grab a paintbrush: CapeGate’s Dogbox Project needs you this Mandela...
On 18 July, CapeGate invites teams and volunteers to Centre Court to paint 67 kennels for local shelters in need, in honour of Mandela...
New Confrontational Reality Show, Mama’s Boy, starting this Monday on Mzansi...
Mzansi, love is about to get complicated on Mzansi Wethu’s new dramatic and confrontational reality show, Mama’s Boy, premiering on Monday 27 April at 19:00.Mama’s Boy features...
