Global communications platform Truecaller has entered a strategic direct sales reseller agreement with AnyMind Group aimed at expanding its advertising footprint across key emerging markets spanning Africa, the Middle East …
Business Policies
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Retail giant Carrefour has unveiled an ambitious continental expansion plan aimed at positioning the company as Africa’s largest mass-market retailer by 2030, as it intensifies growth efforts under its new …
Tech conglomerate Meta is under fresh regulatory scrutiny in Africa as the COMESA Competition & Consumer Commission opens an investigation into allegations that the firm abused its market dominance by …
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Africa’s Gift Card Market Seen Hitting $8.5bn by 2030 as Fintechs, Retail Giants Intensify Competition
A new industry report released by ResearchAndMarkets.com projects that Africa’s gift card industry will expand to about $8.5 billion by 2030, driven by fintech platforms, payment ecosystems and major retail …
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Airtel Africa drops expansion plans, bets on data centres and mobile money IPO
Airtel Africa has outlined a set of strategic initiatives — including plans to list its mobile money arm, ongoing talks to utilise Starlink capacity, and possible integration of crypto-related services …
The newly appointed chief executive officer of UBA UK, Loknath Mishra, has unveiled an ambitious strategy to position the bank at the centre of efforts to close Africa’s estimated $100 …
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Dangote signs $400 mln equipment deal with China’s XCMG to speed up refinery expansion
Africa’s industrial conglomerate, Dangote Group, has sealed a $400 million equipment procurement pact with Chinese manufacturer Xuzhou Construction Machinery Group as part of an aggressive push to scale up its …
Telecommunications giant MTN Group has announced that the board of IHS Towers has accepted an offer of $8.50 per share in a deal that could see the operator raise its …
PalmPay has unveiled a new feature that allows users to request AfriGO payment cards directly within its mobile application, in a move aimed at widening access to card-based financial services …
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Neimeth seeks patient capital, local patronage as profit hits N1.5 billion
Neimeth Pharmaceuticals Plc has called on the Federal Government to create pathways for pharmaceutical manufacturers to access long-term financing, saying the move is critical to sustaining investment in local drug …