Indian Firm Acquires Kenyan Cancer Care Center For Almost $1 million
Healthcare Global Enterprises Ltd (HCG), a chain of Indian cancer treatment hospitals, has agreed to acquire a controlling stake in a Kenyan cancer care...
Nigerian Fintech Startup Paystack Raises $1.3 Million
Paystack, one of Nigeria's most hotly anticipated tech start-ups, has just secured $1.3M Seed investment from both international and homegrown investors. The investors...
Aliko Dangote forced to shut down his cement business in Tanzania
Africa’s richest man Aliko Dangote has shut down his cement plant in Tanzania due to high energy costs and a technical glitch at the...
Dave Van Niekerk, The Man Championing FinTech In Africa
South African-born Dave van Niekerk is the founder and CEO of MyBucks, a fast-growing African Fintech company that successfully delivers seamless financial services to...
Microsoft and Facebook team up to build underwater cable connecting U.S....
Facebook and Microsoft on Thursday announced that they are teaming up to build a subsea cable across the Atlantic Ocean.
In a blog post, Microsoft...
South African Billionaire Patrice Motsepe Invests In Fibre Provider
African Rainbow Capital (ARC), a private investment vehicle controlled by South African mining billionaire Patrice Motsepe, has reportedly acquired an 18.4% stake in Metro...
SA Confidence suffers as Barclays prepares to exit
Barclays Plc’s possible withdrawal from South Africa may turn out to be the economy’s biggest no-confidence vote at a time of financial-market turmoil and...
Read Full SA 2016 Budget Here
This is the full Budget for 2016 as delivered by Finance Minister Pravin Gordhan on Wednesday, 24th February 2016.
Honourable Speaker Mister President
Mr Deputy President
Cabinet...
MeQasa.com Of Ghana Raises $500,000 Investment To Become Zillow Of Africa
MeQasa.com, one of Ghana’s leading online real estate classifieds businesses, has secured a $500,000 investment from Frontier Digital Ventures, a global VC firm headquartered...
The Future of SABMiller as Carlos Brito Prepares to Takeover
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...
Private Equity Firm KKR Plans To Invest $100 Million In Africa
KKR & Co, one of the largest private equity firms in the world, plans to invest as much as $100 million in Africa within...
Routed among the continent’s fastest growing companies
Riding the cloud wave helps Routed make the FT/Statista 2024 Africa's Fastest Growing Companies rankings for a second successive year.
Following the announcement of the...
Pan-African Payment & Settlement System (PAPSS) Hosts its Inaugural Bank Chief...
Pan-African Payment & Settlement System (PAPSS) Hosts its Inaugural Bank Chief Executive Officers Consultative ForumParticipants at the Forum agreed to take collective ownership of...
