Digitalisation can unlock Africa’s potential in driving economic development and the integration of African countries into the world economy, according to a report by the African Export-Import Bank (Afreximbank)
Commerce
Airtel Africa to list on London Stock Exchange
Airtel has finalised plans for the US$750mn IPO of a stake in its African business, with shares scheduled for conditional trading on the London Stock Exchange from 28 June
Paxful and AirTM to enhance trading experience in Africa’s emerging markets
Peer to peer bitcoin marketplace Paxful, and Airtm, a blockchain peer to peer exchange and digital wallet, have partnered to enhance the trading experience for people in developing countries
Westcon-Comstor attains Level 1 B-BBEE rating
Westcon-Comstor Sub-Saharan Africa, a distributor of leading ICT solutions, has attained a Level 1 B-BBEE (Broad Based Black Economic Empowerment) rating in South Africa, moving from level 3 to level 1 in just under two years
Azuri Technologies to extend solar home solutions to Africa
Azuri Technologies, a pay-as-you-go solar home solution provider, has announced a strategic investment of US$26mn, led by Fortune Global 500 company Marubeni Corporation with additional participation from existing shareholders including FTSE 250 company IP Group plc