The acquisition estimated to be worth $6.45 billion is likely to come from Panasonic's own funds The electronics major may also consider other financing and loans if required Japanese electronics firm, Panasonic Corp. has revealed the acquisition of U.S. supply-chain software com
Category: Business
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 intention to invest in Ether. With this, Meitu has become the latest enterprises to take a page out of Tesla Inc’s book and invest in cryptocurrency as
InfraCo Africa to offer financial assistance to Golomoti Solar project
InfraCo Africa, a multi-government funded investment company, and its project partner, JCM Power (JCM), have reportedly reached plans to financially back the construction of the 20MWAC Golomoti Solar project in Malawi. Sources close to the matter state that, upon completion, the solar plant will fac
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 firm, Old Mutual Investment Group (Namibia) has acquired a majority share in a 5MW solar PV plant located in the Karas Region of Namibia. Through its
ENGIE takes over 100 MW Xina Solar One power plant in South Africa
French electric utility major, ENGIE SA has inked an agreement with energy company Abengoa to acquire a 40% stake in Xina Solar One, a 100MW solar plant in South Africa, and a 46% stake in the O&M (operations & maintenance) firm. The Xina Solar One plant powers more than 95,000 households in
Banking startup TymeBank raises $109M from UK & Philippines investors
South African banking startup, TymeBank, has reportedly announced that it has secured nearly R1.6 billion (~$109m) investment from new investors in Philippines and the UK. The firm announced this news through an official statement. This investment would be used to strengthen the growth of TymeBank a