Corporate deals
Mergers and Acquisitions, deal making, takeovers
DEAL: Owner’s of TikTok step into virtual reality space with acquisition of Pico
ByteDance, the parent company of TikTok, has made its first push into virtual reality (VR) with the acquisition of Pico,...
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DEAL: African payment company, pawaPay has secured a $9 million Seed raise
PawaPay, a pan-African payment startup, has secured a $9 million Seed raise. The round was co-led by MSA and UK-based...
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DEAL: Egyptian B2B food startup, MaxAB raises $15 million in series A extension
Last month, MaxAB Egypt’s leading wholesale food and grocery B2B ordering app raised $40 million in Series A. The company...
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DEAL: Kenyan customer loyalty startup, CashBackApp raises $475,000 in pre-seed funding
Kenyan customer loyalty startup, CashBackApp has raised $475,000 in pre-seed funding round to scale its services in Kenya and also...
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DEAL: Zepz, formerly WorldRemit Group, raises $292 million in new Series E financing
Zepz, formerly WorldRemit Group, a digital cross-border payments platform operating two market-leading brands (WorldRemit and Sendwave, acquired in 2021), with...
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Dangote Cement launches new N150 billion Commercial Paper programme
Dangote Cement Plc, Africa’s largest cement producer, has announced the launching of a new N150 billion Commercial Paper (CP) programme....
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DEAL: T.Y Danjuma’s TY Holdings Ltd acquires majority stake in BOC Gases, now owns 72%
TY Holdings Limited, a firm linked to former minister of defence and retired military general, Mr Theophilus Yakubu Danjuma, has...
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DEAL: Nigerian gifting platform, Showlove raises $300k pre-seed funding
Nigerian social platform for gifting, Showlove. has closed a US$300,000 pre-seed funding round from Fedha Capital and other angel investors....
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DEAL: Lagos-based startup, Omnibiz, raises a seed round of $3 million to expand into new markets
Omnibiz, a Lagos-based startup, has raised a seed round of $3 million to expand into new markets. The round was...
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DEAL: Anti-counterfeiting startup, Chekkit closes $500k pre-seed funding round
Counterfeit products have become a global pandemic that has adversely affected businesses and the global economy. There has been a...
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