Tui Group set to raise €1.1bn with easing travel restrictions

Tui Group, one of the largest travel groups in Europe, is reportedly set to raise €1.1 billion (~USD 1.2 billion) to enhance its balance sheet as

DPI secures $900Mn to support innovative companies in Africa

Development Partners International (DPI), a leading investment entity focused on Africa, has announced that the African Development Partners III Fund

Andela becomes Nigeria's latest unicorn after raising $200 million

Andela, a startup that helps engineering talent in Africa get connected with global firms, has become the  newest unicorn in Nigeria after receiv

Africa’s first continent-wide digital payment platform goes live

The Pan-African Payment and Settlement System (PAPSS), Africa’s first continent-wide digital system for goods and services payments in local cur

France to donate 120Mn COVID-19 vaccine jabs to poor nations

French President- Mr. Emmanuel Macron has pledged to double the total number of coronavirus vaccine doses to 120 million which France plans to donate

Koa, Valrhona unite to launch cocoa fruit juice concentrate Oabika

Following the success of Koa's dried cocoa fruit and cocoa fruit juice, Koa and Valrhona have introduced a new concentration that complements the

U.K. chalks out post-Brexit path with “pro-innovation” AI strategy

The Government of U.K. has reportedly announced its plans to roll out a “pro-innovation” AI strategy to promote technological development

Orange picks Ericsson to expand mobile money service in Africa

Orange Middle East & Africa has reportedly chosen telecom major Ericsson as a strategic ally for its Orange Money service across pan-Africa. With

Nigeria to join forces with Egypt to improve electricity supply

The two countries were in talks last year over forming a collaboration in the area of power generation Abubakar Aliyu, Nigeria's Minister of Elec