Seedstars and First Growth Ventures to launch a $100M fund to invest in African tech startups
Seedstars has announced a new partnership with Paris-based First Growth Ventures to launch a $100 million fund to invest in
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Business and Industry
News and information on businesses, their products, services and activities
Thor Explorations Ltd signs $78 million financing package with AFC for construction of Segilola Gold Project
Mineral exploration company Thor Explorations Ltd. has received investment committee approval from and executed an agreed term sheet with the Africa
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Caverton Helicopters selects Ramco Systems to digitize operations
Nigeria aviation and marine logistics player Caverton Helicopters Limited has picked global aviation software provider Ramco Systems to digitize the
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Smile Communications inks roaming partnership with NUU Mobile
Broadband service provider Smile Communications Nigeria has concluded an international data roaming agreement with NUU Mobile (HKG) Limited. Thanks to
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Women Entrepreneurs Finance Initiative to Hold First-Ever Regional Summit in Cote d’Ivoire
On Wednesday, April 17, 2019, the Government of the Republic of Côte d’Ivoire will host the first Women Entrepreneurs Finance
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IPO parade marches on with Uber, PagerDuty on deck
IPO parade marches on with Uber, PagerDuty on deck After a few months of relative quiet, the U.S. IPO market
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Nigerian Breweries Plc Offers 11.59% & 14.43% Yield on 90 & 182-Day Commercial Paper as Offer Closes on 18th April
Please be informed that Nigerian Breweries Plc is seeking to raise up to ₦15.0bn in the first and second series
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A Look At The Jumia IPO by Alex Wilhelm, Crunchbase
During the Great Lyft IPO Run, another tech shop filed to go public and we missed it. That is unacceptable,
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Pinterest sets IPO valuation of up to $10.6B as Chevron launches $90M energy fund
Pinterest sets IPO valuation of up to $10.6B Pinterest submitted an amended filing that sets a projected price range of
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African manufactures, retailers bet on product innovation, distribution to win customers, Nielsen report
The latest Nielsen Africa Prospects Indicator (APi) Report reveals interesting shifts in African manufacturer and retailer business priorities and a
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The next big businesses will focus on these two tech trends, says Jenny Lee, investor behind Alibaba and Grab
Want to come up with the next big thing? Look no further than mobile phones and 5G technology — the
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Grab plans to raise another $2 billion in funding this year, CEO says
Grab expects to raise another $2 billion from strategic investors this year, the CEO of Southeast Asia’s biggest ride-hailing firm
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Indonesia and Malaysia send objection letter to EU over palm oil phaseout
Indonesian President Joko Widodo and Malaysian Prime Minister Mahatir Mohamad have signed a joint letter of objection to the European
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2019 .ng Awards: Call for Nomination
Nigeria Internet Registration Association (NiRA) cordially invite you to nominate into the 2019 .ng Awards worthy organisations using the .ng
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Crunchbase Daily: Affirm, Bill.com, Segment and Perch
Affirm, Bill.com collect big rounds It’s been a big week for fintech funding. Affirm, the consumer credit company launched by
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E-commerce holds huge promise for enhancing free trade in Africa, UNCTAD
E-commerce can significantly boost free trade across Africa and therefore help realize the objectives of the Africa Continental Free Trade
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Air Peace Nigeria’s deal with Embraer makes it the first African airline to operate E-Jets E2
Embraer has signed a firm order for 10 E195-E2 jets with Air Peace, Nigeria’s airline. The order was announced during
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The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigeria LNG Limited (NLNG) sign Content for NLNG’s Train 7 project
The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigeria LNG Limited (NLNG) have signed the Nigerian Content Plan
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Superstar Companies – The dynamics of firms, sectors, and cities leading the global economy – Mckinsey Global Institute
Is there a superstar effect? McKinsey Global Institute research uncovers the dynamics of superstar firms, sectors, and cities in the
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What every CEO needs to know about superstar companies by Sree Ramaswamy et al, McKinsey Global Institute
The superstar effect is real, and in this new competitive environment, strategy matters more than ever. The rapid growth of
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Intel Capital invests $117M in 14 startups
Intel Capital invests $117M in 14 startups Intel Capital just announced $117 million dollars of investments across 14 “disruptive” startups.
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Atigs Group partners with Quanfarm for expansion in Africa
Africa business development company, Atigs Group has partnered with Quanfarm, a Silicon-Valley based Predictive Analytics, Automation, and AI firm, with
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Huawei tops $100 billion revenue for first time despite political headwinds
Huawei’s revenue grew 19.5 percent in 2018, surpassing $100 billion for the first time, despite continuing political headwinds from around
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Uber buys rival Careem in $3.1 bln deal to dominate ride-hailing in Middle East
Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a
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Tax reform and digitization key to financing development in Africa, ECA report
Africa must digitize its economies, broaden its tax base, prevent further deterioration of fiscal and debt positions, and aim for
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