MTN says it’s on track to achieve the $1 bn divestment target
The H1 sale report gives confidence to the firm to go forward with its $996 million divestment plan...
Tag : Africa
African payment gateway fintech Innovate forays into Dubai
According to Innovate I Pay, the increasing number of African expatriates in UAE was a crucial deciding factor...
Kenyan traders reluctant to use SGR, fearful of losses
Kenyan authorities issue directive that all cargo imports will be transported from Mombasa to Nairobi via the Standard Gauge Railway...
African Free Trade Act to boost US exports: South Africa
Members have to remove tariffs from 90% of goods which will facilitate free access to goods and services across the continent...
Nigeria’s Aliko Dangote sole African in Bloomberg’s top 100 billionaires
Three South Africans and two of the Sawiris brothers from Egypt are the other African billionaires on the list...
Africa’s free trade agreement to boost trade among its nations by 60%
The deal will join the markets of 50 countries, unite the continent’s 1.27 bn people and add to its $3.4 tn nominal GDP...
Airtel Africa third largest in market value on Nigerian Stock Exchange
After its debut, the telecom company’s shares jumped by 10 percent from their listing price...
If China is in Africa, can Japan be far behind?
Japan is out to grab a piece of the Africa development pie — and China is displeased. What does this mean for the continent?...
Asset-based financing is more popular than ever before
Asset-based financing in its various forms is still a lifeline globally for small enterprises that need funding in a matter of days...
As Jumia lists on NYSE, African startup founders find capital hard to get
Even impact investment funding is skewed in favour of Western founders...