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
Commerce
Equatorial Guinea implements IMF’s e-GDDS
Equatorial Guinea has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing critical data through the National Summary Data Page (NSDP)
CoinCola launches bitcoin exchange services in Nigeria
Coincola aims to provide trustworthy trading and exchange services to all its users worldwide, with Africa being a major place of interest
ATC acquires Eaton Towers in US$1.85bn deal
American Tower Corporation (ATC) has acquired Eaton Towers Holdings, a pan-African tower company that owns and operates more than 5,500 mobile telecom towers in Ghana, Uganda, Kenya, Burkina Faso and Niger, for approximately US$1.85bn
World Bank approves US$750mn for Kenya’s growth
The World Bank Board of Directors has approved a US$750mn International Development Association (IDA) credit to support the government of Kenya’s reforms to enhance inclusive growth, accelerate poverty reduction and achieve its Vision 2030 objective of becoming a middle-income industrialised country