South Africas 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
Ride-sharing company Uber entered a deal with telecom company Tigo Tanzania to let Tigos customers in Dar es Salaam to use the Uber app without data costs
Standard Bank Group has acted as exclusive financial adviser to M-BIRR Ltd, which recently completed a successful equity raise of US$9.87mn
In 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
UKs Standard Chartered Bank launched its digital bank in Côte d’Ivoire, its first in the continent
