South Africa’s HyperionDev seeks to offer $235,720 in scholarships

South Africa-based tech start-up, HyperionDev has initiated an impact investment drive that aims at inviting the public to become stakeholders in its growing tech education business. With this move, the company is expecting to make as much as US$235,720 in coding scho

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 (AMC) BV. Following successful execution of this transaction, Rise Fund would attain a 7.5% in AMC.

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, which revolved around the decade old $1.3 billion acquisition of an oilfield in Nigeria.

Missio Invest bags $20Mn loan to support MSIF funding in Africa

Missio Invest, a firm that provides technical and financial assistance to social enterprises in Africa, has announced securing US$20 million finance from the U.S. DFC (International Development Finance Corp.) for its Missio Invest Social Impact Fund.

PayPal teams up with Flutterwave to bring Africa into its ecosystem

PayPal Holdings Inc., the leading American digital payments enterprise operating a global online payments system, has reportedly teamed up with African payments firm, Flutterwave, to bring Africa into its comprehensive global payments ecosystem.

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 all-electric SUV in the international market, Swedish car manufactu

Panasonic acquires Blue Yonder to enhance supply chain management

  • 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

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

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 plan