TPG's Rise Fund to acquire 7.5% stake in Airtel Mobile Commerce BV

U.S. based investment firm, TPG's Rise Fund is nearing plans to pump $200 million in Airtel Africa's mobile money biz., Airtel Mobile Commerce

Shell & Eni acquitted by Italian court in the Nigerian corruption case

A Milan court has reportedly acquitted Royal Dutch Shell, Eni, and its chief executive in one of the biggest corruption case of the oil industry, whic

Congo Republic inks revoked iron ore licenses deal with Sangha Mining

Following a disagreement on an iron ore exploitation deal in 2020, Congo Republic has now resigned two mining agreements with Sangha Mining. Reportedl

Volvo SA to launch its all-electric XC40 Recharge in South Africa

XC40 Recharge is the first of five all-electric cars planned to be launched by Volvo over the next 5 years Following strong recorded sales for its al

Chinese beauty app Meitu becomes first major firm to invest in Ether

Meitu Inc., a leading Chinese technology corporation behind one of the world’s most downloaded beauty apps, has reportedly announced its intenti

OMIG, Sturdee Energy jointly invest in 5MW solar PV plant in Namibia

The acquisition will accelerate the transition of Namibia’s energy supplies towards renewable energy South Africa’s investment management

Countries urge vaccine makers to share vaccine know-how and blueprints

Throughout Southeast Asia and Africa, several aid groups and governments agencies are joining the World Health Organization’s call for pharmaceu

Study suggests Pfizer vaccine might be less effective in obese people

Data from a recent study suggests that the Pfizer/BioNTech COVID-19 vaccine might be less effective for people that are obese. Researchers in Italy ha

Moderna to start testing vaccine which fights the South Africa strain

Renowned American biotech firm, Moderna, has reportedly announced that it is currently working with a number of government scientists in South Africa