S. Africa’s PIC invests $7.4B in platinum betting on sustained rally

South Africas largest money manager, Public Investment Corp., estimates that the platinum miners would continue to make enormous payouts as stringent

Curevo Vaccine to conduct Phase 1b Trial of Chickenpox Vaccine in SA

The clinical trial includes evaluating tolerability, immunogenicity, and safety of two intramuscular vaccinations for HIV-infected children U.S. head

Top Glove shares take hit as US CBP alleges forced labor, seizes goods

Shares of Top Glove Corporation Berhad, a leading Malaysian rubber glove maker, have reportedly seen a sharp fall in the stock market after the U.S. C

FB, Google unite for undersea cable connection from South Asia & America

These cables would be the first ones to directly connect North America to some of the prominent parts of Indonesia The cable connection is anticipa

Nigeria partners with Morocco over a $1.3 Billion fertilizer plant

President of Nigeria, Muhammadu Buhari has recently said in a statement that a new $1.3 billion basic chemicals plant will be ready for commissioning

World Bank to sell new wildlife bond to track rhino numbers in Africa

World Bank, the international financial institution which provides grants and loans to low- and middle-income nations, has reportedly announced that i

Afriex secures $1.2Mn in seed funding, aims to expand its platform

The company is planning to use these funds to extent its growing team as well as its reach to other markets Cross-border payments to Nigeria has long

South African business group lobbies vaccine focus on senior citizens

A business lobby group in South Africa has reportedly called on the government to shift the focus of its vaccine program on the elderly as well as the

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

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

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