Airtel, Telkom consolidate to battle Kenya’s largest telecoms company
To compete better against the dominance of telecommunications company, Safaricom, in Kenya, the local unit of Bharti Airtel Limited has entered into a consolidation agreement with Telkom Kenya Ltd, which is owned by Helios Investment Partners LLP.
BASF expands operation in Nigeria
German chemical company, Badische Anilin- und Soda-Fabrik (BASF) has launched its personal care technology laboratory in Nigeria, while strengthening its network of local expertise in marketing and sales in Africa.
Unilever acquires British snack company, Graze
Unilever has acquired snacks company, Graze, from Carlyle’s European technology fund, seeing off interest from competing bidders including Kellogg and Pepsico, the owner of Walker’s Crisps, to clinch the deal.
JP Morgan responds to FG’s Malabu court case
The Federal Government's suit against JPMorgan Chase & Co has been described as a claim with no real prospect of success by Rosalind Phelps, a lawyer for the American multinational investment bank.
BOOM: Cryptocurrency holders may lose their $145 million
The death of Gerald Cotten, the Chief Executive Officer of Digital-asset exchange Quadriga CX has left one question unanswered, how do the company's customers recover their combined C$190 million ($145 million)?
Meet Trump’s possible nominee for World Bank President
President Donald Trump of the United States of America (USA), will this week, nominate Senior Treasury Official, David Malpass, to lead the World Bank....
Tech company, Slack is set to go public
American tech company, Searchable Log of All Conversation and Knowledge, popularly known as Slack, has confidentially filed to go public. This is according to a...
United States loses $11 billion to shutdown
The five-week partial shutdown of the United States government has cost the North-American country $11 billion, a report by the country's Congressional Budget Office disclosed on Monday.