MultiChoice Rejects Canal+’s $2.5 Billion Offer, Citing Undervaluation
Vivendi, Canal+'s parent company, is experienced in hostile takeovers, having orchestrated at least two similar acquisitions.
CBN Implements Sweeping Changes: Banks and Fintechs Restricted from International Money Transfers
Banks were directed to limit FX exposure and sell excess dollars after a significant drop in the official naira rate.
Botswana Denies Starlink: Elon Musk’s Satellite Internet Application Hits Roadblock
This rejection adds to Starlink's regulatory challenges in Southern Africa
alGROWithm, Nigerian Startup, Secures Funding to Expand Growth Talent Accelerator Program Across Africa
The expansion also introduces two new programs, GTAP Lite and GTAP Pro, designed for individuals and companies, respectively.
Second Edition of Accelerate Africa Startup Support Program Now Accepting Applications!
Attention, aspiring entrepreneurs!
Canal+ Sets Sights on MultiChoice in $1.7 Billion Acquisition Bid
Canal+ remains optimistic, stating that a partnership with MultiChoice would lead to success and ensure a solid future for the company.
MTN Group Pledges $215 Million Investment in Benin’s Infrastructure Following Successful 5G Trial
CEO Mupita emphasised MTN's mission to be a positive force in every market it operates, providing hope, dignity, and opportunity.
Bboxx Sparks Change: Relocates Headquarters to Rwanda in Bold Africa-First Move
With a focus on becoming one of the world's largest next-gen utility firms, the move to Kigali solidifies its position in Africa.
AfriLabs Unveils Connect Deal Room, Elevating Local Investment Opportunities
At the 2023 Annual Gathering event, AfriLabs introduced the ACDR, a platform designed to simplify the investment process.
ProXalys, Senegalese Startup, Raises $500,000 to Expand and Enhance Services
The platform, known as an online marketplace for agricultural products, enables merchants to benefit from deferred payments and assured transactions.