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Opera founded startup OPay raises $50M for mobile finance in Nigeria
Content Types: ArticleRegions & Countries: ChinaNigeriaIndustries: Banking & FinanceInformation TechnologyOPay, an Africa-focused mobile payments startup founded by Norwegian browser company Opera, has raised $50 million in funding. -
Kenya launches mortgage refinance firm to offer loans to lenders
Content Types: ArticleRegions & Countries: KenyaIndustries: Banking & FinanceKenyan President Uhuru Kenyatta on Wednesday launched the Kenya Mortgage Refinance Company (KMRC), a financial institution whose sole function is to provide long-term loans to primary mortgage lenders. -
M&A Report (April 2019)
Content Types: NewsletterRegions & Countries: ChileChina...Industries: Banking & FinancePharma/Biotech...M&A Report (April 2019) -
Top 5 Announced China Outbound Deals
Content Types: NewsletterRegions & Countries: CongoChina...Industries: Minerals & ResourcesAutomotive...Top 5 Announced China Outbound Deals -
$6 million sugar factory to launch in December
Content Types: ArticleRegions & Countries: UgandaIndustries: AgribusinessFood & BeverageHoima. A new sugar factory worth $6m (Shs22b) is expected to be commissioned before the end of this year in Hoima District. The factory - Bwendero Sugar Factory – which is owned by businessman John Fitzergerald Magara, will be the 13th in Uganda with an installed cane-crushing capacity of 1,000 metric tonnes per day. -
POS Payments Startup Yoco Raises $16m Investment to Scale Operations and Improve Product Experience
Content Types: ArticleRegions & Countries: USASouth AfricaIndustries: Banking & FinanceInformation TechnologySouth African-based Point of Sale payments provider, Yoco, has raised a Series B round of $16 million led by Partech, a Venture Capital firm based in Silicon Valley, Europe and Africa. Yoco will leverage its Series B to grow its network of small business merchants, invest in product development, operational scalability and attracting top-tier fintech talent. -
Tanzania graphite explorer secures A$11.1M
Content Types: ArticleRegions & Countries: AustraliaTanzaniaIndustries: Clean EnergyChemicalsMagnis intends to use the funds to advance its Nachu graphite project in Tanzania and to capitalise on "current and future growth opportunities" in the battery technology sector. -
M&A Report (September 2018)
Content Types: NewsletterRegions & Countries: BelgiumChina...Industries: Real Estate & ConstructionInfrastructure...Services: Legal -
Lasernet in talks to sell maximum 50% stake in USD 11m financing round
Content Types: NewsletterRegions & Countries: South AfricaIndustries: InfrastructureTelecommunications...LaserNet, a private South African internet service provider, is discussing selling up to 50% of its share capital as part of a ZAR 160m (USD 11m equivalent) financing round with potential backers, cofounder Grant Randall said. -
Xi meets Zambian president
Content Types: ArticleRegions & Countries: ChinaZambiaIndustries: AllBEIJING, Sept. 1 (Xinhua) -- Chinese President Xi Jinping on Saturday met with Zambian President Edgar Lungu ahead of the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC).
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