Naspers to sell 190mn shares of Tencent for about US$10.64bn

Tencent QQSouth Africa's Naspers said it would sell 190mn shares or 2 per cent of its stake in social media giant Tencent Holdings Limited for about US$10.64bn to "reinforce" its balance sheet and boost growth

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Uber, Tigo Tanzania partner to let customers use taxi app without data costs

Tigo Tanzania and Uber Partner to Offer Exciting New Offers to Customers in Dar Es Salaam.JPGRide-sharing company Uber entered a deal with telecom company Tigo Tanzania to let Tigo's customers in Dar es Salaam to use the Uber app without data costs

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Standard Bank acts as lead adviser on M-BIRR’s US$9.87mn equity raise

m birrStandard Bank Group has acted as exclusive financial adviser to M-BIRR Ltd, which recently completed a successful equity raise of US$9.87mn

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Nigeria swiftly becomes a mobile first country

Mobile nigeriaIn a recent report on the Nigerian mobile sector, Jumia, one of the leading e-commerce companies in Africa, has revealed an 11 per cent increase in the number of Nigerians who visited its website via their mobile phones in 2017

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Standard Chartered Bank launches banking application in Africa

Standard Chartered Bank Launches its First Ever Digital Bank in AfricaUK's Standard Chartered Bank launched its digital bank in Côte d’Ivoire, its first in the continent

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