Airtel Africa PLC Tuesday said that three investors, Qatar Investment Authority (QIA), TPG, a U.S. private equity firm, and Mastercard have increased their investments in Airtel Money to $500 million. …
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Elon Musk’s net worth rose by $24 billion to $335.1 billion Monday as the electric automaker’s shares jumped 8.5% in New York Tesla Inc.’s latest rally has blasted co-founder Elon …
The on-demand transport space in Africa has evolved since San Francisco-based ride-hailing firm Uber first set up operations in South Africa in 2013, setting the stage for its foray across …
- Business PoliciesEastern AfricaGlobal NewsSafaricom
US delays Sh54bn loan for Safaricom Ethiopia entry
A US government agency has delayed the disbursement of a $500million (Sh53.97 billion) loan to finance the entry of a Safaricom-led consortium into the Ethiopian telecoms market, citing uncertainty over …
- Access BankSpotlightWestern Africa
Access Bank to merge newly acquired Zambian unit with African Banking Corp
Nigeria’s biggest bank by asset Access Bank said it has entered a binding pact to merge its Zambian unit with African Banking Corporation Zambia Limited in a planned reformation coming …
PayPal is close to taking over the visual discovery engine Pinterest. According to Bloomberg, the deal, which offers the fintech giant a way to venture into social commerce, could be …
- AirtelBusiness PoliciesWestern Africa
Nigerian stocks climb by N237 billion as big-cap stocks strengthen gains
Nigerian stocks advanced by 1.1 per cent or N237.1 billion on Thursday as investors continued to take a risk-off stance in equities, helping to build a positive atmosphere around the …
The former U.S. president has announced his plan to launch his own social media platform, TRUTH Social, according to a press release by Trump Media and Technology Group (TMTG). The …
Binance, the largest cryptocurrency exchange, has launched a $1 billion (nearly R15 billion) growth fund in support of the Binance Smart Chain blockchain, with the goal of helping to accelerate …
Amazon has announced it will start to offer UK businesses insurance in the company’s latest move to diversify its business operations. Small and medium businesses (SMEs) which are members of …